Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-05-14-Speech-3-202"
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"en.20030514.9.3-202"2
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".
The Cotonou Agreement is based on three main pillars: political dialogue, financial and commercial cooperation and development aid. This partnership focuses on the objective of reducing and, possibly, eliminating poverty and this is linked to the objectives of sustainable development and the gradual integration of the ACP countries into the global economy.
ΑCP-ΕU cooperation is based on a series of fundamental principles, which include equality of partners and the adoption of development strategies. In order to implement the objectives of the partnership, the Cotonou Agreement clearly stipulates that the ACP countries shall determine the development strategies for their economies and societies with full sovereignty.
Most provisions of the Agreement were implemented in transitional agreements well before the full entry into force of the Agreement in April 2003. Now that the Cotonou Agreement has entered into force, the funds under the ninth EDF are now fully available. Programming of these resources, in other words the preparation of the strategic support for each country, which is based on the particular medium-term objectives and on the development strategies of the country, and the introduction of an indicative timetable for implementing the support strategy for each country have almost been completed.
The Commission announced its intention to use the reserves of the ninth EDF mainly to finance the Community contribution to international initiatives for the benefit of developing countries, such as debt reduction and health. These proposals, which are currently being examined by the Council, will also allow for faster disbursement of EDF funds. The application of these proposals will require joint decisions with the ACP countries.
The Council's priorities for EC development policy are clearly noted in the Council and Commission declaration approved in November 2000, which lays down six priority sectors on the basis of the added value of Community action and their contribution to reducing poverty. These sectors are: the link between trade and development, regional integration and cooperation, support for macro-economic policies, the promotion of equal access to social services, transport, food security, sustainable rural development and, finally, the creation of an institutional infrastructure.
The Council supports the Commission's efforts to mange the Community's external aid more efficiently and to use EDF funds in accordance with the objectives and criteria of the Cotonou Agreement."@en1
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