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Europe Daily Bulletin No. 8696

30 April 2004
Contents Publication in full By article 22 / 50
GENERAL NEWS / (eu) eu/development
Commission new regulation aimed at total untying of development aid financed by Community budget

Brussels, 29/04/2004 (Agence Europe) - On Wednesday, the Commission adopted a proposal of regulation aimed at complete untying of European development aid financed by the Community budget. By so doing, the Commission goes beyond the OECD recommendations which mainly place emphasis on untying aid to the developing countries. In other words, the Commission proposes that development activities financed by EU loans and donations should now be open to international competition and no longer...

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