European Neighbourhood Instrument

Briefing 24-10-2016

The European Neighbourhood Instrument funds EU efforts to cooperate with and promote development in 16 countries and territories on its eastern and southern frontiers, as part of a European Neighbourhood Policy. The EU hopes that by incentivising reform and economic integration in the EU market, these countries will become more democratic, more prosperous and more stable. As a substitute for pre-accession investment in countries with little or no prospect of accession, auditors and analysts say the policy has had mixed success.