Explanatory Memorandum to COM(2016)130 - EU position concerning an amendment to Protocol 31 to the EEA Agreement (Budget Line 12.02.01) - Main contents
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dossier | COM(2016)130 - EU position concerning an amendment to Protocol 31 to the EEA Agreement (Budget Line 12.02.01). |
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source | COM(2016)130 ![]() |
date | 11-03-2016 |
1. CONTEXT OF THE PROPOSAL
In order to ensure the requisite of legal security and homogeneity of the Internal Market, the EEA Joint Committee is to integrate all the relevant EU legislation into the EEA Agreement as soon as possible after its adoption and also allow for the participation of the EEA EFTA States in EEA relevant EU actions or programmes.
2. RESULTS OF CONSULTATIONS WITH THE INTERESTED PARTIES AND IMPACT ASSESSMENTS
The draft Decision of the EEA Joint Committee (annexed to the proposed Council Decision) aims to amend Protocol 31 to the EEA Agreement on cooperation in specific fields outside the four freedoms in order to continue the cooperation of the Contracting Parties to the EEA Agreement in Union actions funded from the general budget of the European Union concerning 'Implementation and development of the single market for financial services'.
3. LEGAL ELEMENTS OF THE PROPOSAL
Article 1(3) of Council Regulation (EC) No 2894/94 concerning arrangements for implementing the EEA Agreement provides that the Council establishes the position to be adopted on the Union’s behalf on such Decisions, on a proposal from the Commission.
The Commission submits the Draft Decision of the EEA Joint Committee for adoption by the Council as the Union’s position. The Commission would hope to be able to present it in the EEA Joint Committee at the earliest possible opportunity.