MEPs to vote for more efficient EU foreign policy tools
The EU’s external financing instruments should be made more strategic and flexible to bolster the EU’s position in the world, MEPs are to say in a resolution.
To strengthen the EU as a global player worldwide, the External Financing Instruments (EFIs), the backbone of the EU’s foreign policy objectives under the current multiannual financial framework (MFF), should be remodelled after 2020, MEPs are likely to urge in a debate on Tuesday afternoon with EU foreign policy chief, Federica Mogherini.
MEPs will seize the opportunity of the mid-term review of the EFIs’ implementation to call for more transparent, accountable, efficient, coherent and flexible tools, with the aim of strengthening EU values and interests worldwide. They are also to ask for enhanced parliamentary oversight, including access to more detailed information on the instrument’s implementation.
Over a seven-year period, between 2014 and 2020, the EU has dedicated 51.8 billion euros to its external action. A large share of this funding, 32 billion euros, is disbursed through so-called external financial instruments.
Debate: Tuesday, 17 April
Vote: Wednesday, 18 April
Procedure: Non-legislative resolution