The future of the instruments for financing the EU’s external actions was one of the main topics during today’s Foreign Affairs Council in Brussels which was attended by EU development cooperation ministers.
The ministers discussed the European Commission’s proposal for financing EU foreign policy as part of the future Multiannual Financial Framework. The Polish delegation emphasized the need to prioritize collaboration with countries in the Union’s neighbourhood, notably the Eastern Partnership. “Most importantly, the new financial architecture should respond to the challenges facing Europe, many of which originate in our neighbourhood. The Union should continue to prioritize its European Neighbourhood Policy, in line with the EU Global Strategy,” stressed Deputy Foreign Minister Andrzej Papierz.
The Council meeting also discussed the future cooperation between the EU and the African, Caribbean and Pacific countries once the Cotonou Agreement expires in 2020, and the EU Emergency Trust Fund for Africa whose aim is to ensure stability and address root causes of irregular migration in Africa.