Local view for "http://purl.org/linkedpolitics/eu/plenary/1999-11-17-Speech-3-348"
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"en.19991117.8.3-348"2
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"Mr President, when the Treaty of Amsterdam was signed on 2 October 1997, the Intergovernmental Conference added in its final act a declaration regarding the Overseas Countries and Territories. This declaration exhorts the Council to examine by February 2000 the association system of the OCTs in compliance with the provisions of Article 136 of the EC Treaty. One of the aims of this investigation is to improve the effectiveness of the financial instrument of the OCTs.
On the basis of a resolution passed on 11 February 1999 by the European Parliament, the Commission, on 25 May 1999, delivered a communication to the Council, which formulated three possible ways of improving this financial instrument. They are OCD aid eligibility with regard to Structural Funds, a revised EDF, or a fund specially intended for OCDs in the Union budget. The Council noted these possible guidelines, but did not say it favoured any one of them at this stage. The Council will be debating the details of an improved financial instrument for OCDs once it has its possession, in the near future, the awaited Commission proposal on a definition of the new association system for OCDs to be applied on 1 March 2000. Obviously, the Council will take account of the resolution passed by the European Parliament on 11 February 1999 when it debates this proposal."@en1
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