Mid-term review of the external financing instruments

AFET
© European Parliament @ European Union 2018

The Foreign Affairs Committee (AFET) currently evaluates the performance of the EU external financing instruments (EFIs) in its remit and will make proposals for their improvement in the remaining period (2018-2020) of the current multi-annual financial framework (MFF). The evaluation takes place in the context of the so-called mid-term review (MTR) that is being carried out by the Commission.

Reports on each of the instruments were published in December 2017, evaluating achievement of the objectives against measurable indicators for each instrument. On the basis of these reports, AFET is preparing an implementation report on the 'EU external financing instruments: mid-term review 2017 and the future post-2020 architecture' (rapporteur: Marietje Schaake), which will be voted in plenary in the week of 16-19 April. In addition, a series of strategic dialogues between Members of AFET and the Commissioners in charge, namely VP/HR Mogherini and Commissioner Hahn, will take place.

The AFET report and the dialogues will feed into the multi-annual programming documents for the period 2018-20, which the Commission and the EEAS will prepare by June 2018. They lay down the main priorities and strategic orientations for each instrument and are the basis for their implementation, i.e. the allocation of EU funds to concrete projects and measures.