CELEX: 22006D0112
Language: en
Date: 2005-11-22 00:00:00
Title: 2006/112/EC: Decision No 7/2005 of the ACP-EC Council of Ministers of  22 November 2005  concerning the use of a second allocation of EUR  250000000  from the conditional EUR  1000000000  under the ninth EDF to be used for the second instalment of the ACP-EU Water Facility

18.2.2006   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               L 48/21
            
         
      DECISION No 7/2005 OF THE ACP-EC COUNCIL OF MINISTERS
   
   of 22 November 2005
   concerning the use of a second allocation of EUR 250 000 000 from the conditional EUR 1 000 000 000 under the ninth EDF to be used for the second instalment of the ACP-EU Water Facility
   (2006/112/EC)
   THE ACP-EC COUNCIL OF MINISTERS,
   Having regard to the ACP-EC Partnership Agreement (1), and in particular paragraph 8 of Annex I thereto,
   Whereas:
   
               (1)
            
            
               In accordance with the EU Declaration on the Financial Protocol, annexed as Declaration XVIII to the ACP-EC Partnership Agreement, out of the total amount of EUR 13 500 000 000 of the ninth European Development Fund (EDF) for ACP countries, only EUR 12 500 000 000 were immediately released upon the entry into force of the Financial Protocol on 1 April 2003.
            
         
               (2)
            
            
               On 22 March 2004 the Council of the EU agreed on the establishment of a ‘Water Facility’ for ACP countries of an amount of EUR 500 000 000 and to release a first allocation of EUR 250 000 000. This decision was taken on the basis that the level of commitments and disbursements at the end of 2003 in conjunction with forecasts for the period 2004 to 2007 presented by the Commission indicated that ninth EDF resources for ACP countries could be fully committed.
            
         
               (3)
            
            
               This first allocation of EUR 250 000 000 was released and distributed.
            
         
               (4)
            
            
               By the said decision, the Council of the EU decided, in the light of the outcome of the mid-term reviews of the country strategies and of the performance review of the EDF undertaken by the Council before the end of 2004, to decide, before the end of 2005, on the mobilisation of a second allocation of EUR 250 000 000 and the remaining EUR 500 000 000 of the conditional EUR 1 000 000 000 referred to in Article 2(2) of the Internal Agreement for purposes to be agreed,
            
         HAS DECIDED AS FOLLOWS:
   Article 1
   The second allocation of EUR 250 000 000 shall be provided out of the following funds:
   
               1.
            
            
               EUR 185 000 000 from the envelope for support for long-term development, referred to in paragraph 3(a) of the Financial Protocol;
            
         
               2.
            
            
               EUR 24 000 000 from the envelope for regional cooperation and integration, and paragraph 3(b) of the Financial Protocol;
            
         
               3.
            
            
               EUR 41 000 000 from the Investment Facility in paragraph 3(c) of the Financial Protocol.
            
         The amounts referred to in points 1 and 3 shall be transferred to the intra-ACP allocation of the envelope for regional cooperation and integration.
   Article 2
   This Decision shall enter into force on the day of its adoption.
   
      Done at Brussels, 22 November 2005.
      
         
            For the ACP-EC Council of Ministers
         
         
            The President
         
         A. JOHNSON
         
      
   
   
      (1)  OJ L 317, 15.12.2000, p. 3.