Luxembourg, 17/10/2006 (Agence Europe) - The way is finally open to adopt a legal framework that will enable the EU to spend the €17bn programmed for development cooperation in the Community budget for 2007-13.
On 17 October the General Affairs/Development Council in Luxembourg reached a formal political agreement on the Development Cooperation Instrument (DCI), which will create a single simplified framework for funding EU development activities in developing countries. This €17bn is...