Establishing the Neighbourhood, Development and International Cooperation Instrument
As part of the group of specific IAs accompanying the MFF proposals, this IA provides a detailed overview of the proposed regulation establishing the new NDICI focusing on the main considerations behind the large-scale overhaul of the existing financial framework in the field of EU external policy. The Commission has engaged broadly with a wide range of stakeholders and did a thorough stock-taking through a mid-term review of ten existing instruments. However as alternative options are not elaborated beyond a brief comparison of advantages and risks of merging the existing instruments into a broader one, it remains rather difficult to fully assess the proposed merger of different instruments as the only option available. Finally, a clearer account of how the stakeholder views fed into the analysis and a more thorough response to the scrutiny of the RSB, would have benefited this impact assessment.
Briefing
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Keyword
- cooperation policy
- cooperation policy
- economic analysis
- economic policy
- ECONOMICS
- electrical and nuclear industries
- ENERGY
- EU finance
- EU financial instrument
- European construction
- European integration
- European neighbourhood policy
- EUROPEAN UNION
- European Union law
- executive power and public service
- impact study
- INTERNATIONAL RELATIONS
- nuclear safety
- overseas countries and territories
- POLITICS
- pre-accession aid
- proposal (EU)
- sustainable development
- third country