On Friday 25 October the ambassadors of the EU Twenty-Eight approved the proposal for an EU Council decision establishing the amount of contributions to be paid by the Member States to the European Development Fund (11th EDF), which finances EU cooperation with the group of 79 ACP countries (Africa/Caribbean/Pacific) and the Overseas Countries and Territories (OCTs). The EDF will be managed outside the EU budget until the end of 2020.
The ceiling for the annual amount of contributions for...