published on ettg.eu June 14, 2018
On 5 May 2018, the European Commission issued its proposal for the next EU Multiannual Financial Framework (MFF) for the period 2021 to 2027. A key element concerns a proposed ‘single instrument’ for financing the EU’s international cooperation, in particular with developing countries and regions, for which the EU will propose a draft EU regulation on 14 June. This instrument would unify several financial instruments that are administered separately in the current MFF, including the European Development Fund (EDF), the Development Cooperation Instrument (DCI), the Instrument Contributing to Stability and Peace (IcSP), the Partnership Instrument (PI), and the European Neighbourhood Instrument (ENI). There are several good reasons for including the ENI in the single instrument which, in our view, outweigh the potential advantages of leaving it out.