INT/PROPOSAL FOR INSTRUMENT FOR PRE-ACCESSION ASSISTANCE (IPA II) PUBLISHED

www.wbc-inco.net - The European Commission adopted budget proposals for its external instruments from 2014-2020 - among which a renewed Instrument for Pre-accession Assistance (IPA), support to enlargement countries, building on the positive experience from the current instrument. IPA will help these countries implement the comprehensive reform strategies needed to prepare for future membership, with emphasis on regional cooperation, implementation of EU laws and standards, capacity to manage the Union's internal policies upon accession, and delivery of tangible socio-economic benefits in the beneficiary countries. More use will be made of innovative financing arrangements set up with international financial institutions, with EU funds acting as a catalyst for leveraging investment in infrastructure.

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