Considerations on COM(2023)556 - Financial contributions to be paid by the parties to the European Development Fund as a third instalment for 2023

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dossier COM(2023)556 - Financial contributions to be paid by the parties to the European Development Fund as a third instalment for 2023.
document COM(2023)556
date October 24, 2023
 
(1) In accordance with Article 46 of Council Regulation (EU) 2018/1877, the European Investment Bank (‘EIB’) is to send to the Commission its updated estimates of commitments and payments under the instruments it manages.

(2) In accordance with Article 19(5) of Council Regulation (EU) 2018/1877, the Commission is to present a proposal by 10 October 2023 specifying the amount of the third instalment of the contribution for 2023.

(3) Pursuant to Article 20(1) of Regulation (EU) 2018/1877 calls for contributions are to first use up the amounts provided for in previous European Development Funds (‘EDF’). Therefore, a call for funds pursuant to Regulation (EU) 2018/1877, for the EIB and for the Commission should be made.

(4) Pursuant to Article 152 of the Agreement on the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community (‘the withdrawal agreement’), the United Kingdom of Great Britain and Northern Ireland (the ‘United Kingdom’) is to remain party to the EDF until the closure of the 11th EDF and all previous unclosed EDFs. However, pursuant to Article 153 of the withdrawal agreement the United Kingdom’s share in decommitted funds from projects under the 11th EDF, where those funds have been decommitted after 31 December 2020, or previous EDFs are not to be reused.

(5) Council Decision (EU) 2022/224211 , sets the annual amount of the contribution to be paid by the parties to the EDF for 2023 at EUR 1 800 000 00012 for the Commission, and at EUR 300 000 000 for the European Investment Bank.

(6) In order to allow for the prompt application of the measures provided for in this Decision, this Decision should enter into force on the day of its publication in the Official Journal of the European Union.