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CE/PAC/en 1 INTERIM AGREEMENT WITH A VIEW TO AN ... - WITS

CE/PAC/en 1 INTERIM AGREEMENT WITH A VIEW TO AN ... - WITS

CE/PAC/en 1 INTERIM AGREEMENT WITH A VIEW TO AN ... - WITS

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C. Financing of the partnershipWith regard to the financing of the EPA, C<strong>en</strong>tral Africa agrees with the other regions that thecapacity-building measures and other support needed to take account not only of the adjustm<strong>en</strong>tcosts but also of other countervailing measures related to the implem<strong>en</strong>tation of the EPA must comefrom specific resources separate from the funds usually allocated through conv<strong>en</strong>tionalACP-EU cooperation under the RIPs and NIPs. The EPA regional fund is int<strong>en</strong>ded to be a tool forcoordinating support from the EU (EC and Member States) and other l<strong>en</strong>ders, and to this <strong>en</strong>dregional infrastructure and interconnection will be financed via the EPA regional fund.The financial framework proposed by the EC Party comprises the following:i. Increase in the RIP 9/10 EDF, NIP/RIP interface, 10th EDF <strong>en</strong>d of 2013, but Cotonou until<strong>en</strong>d of 2020 (after anchoring of DRC in C<strong>en</strong>tral African region)ii.Link with the Partnership for Infrastructure ("All ACP" funds)iii.GAERC conclusions of October 2006 on aid for tradeiv.Legal commitm<strong>en</strong>ts in the EPAv. Voluntary national contributions from countries in the regionvi.Support from other developm<strong>en</strong>t partners<strong>CE</strong>/<strong>PAC</strong>/Annex I/<strong>en</strong> 11

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