EU Development Policy

The EU Development Policy is part of the acquis communautaire, to which the NMS made a commitment when they sought membership to the EU.

The European Community plays a crucial role in the Development Process. The dominant official response to development issues is the Official Development Aid (ODA) unit within the Ministry for Foreign Affairs. The EU is the biggest aid donor in the world, accounting for 55% of development assistance, 20% of which is managed by the Commission. The EU has further committed itself to a significant increase in ODA from the current level of 0.33% of Gross National Income (GNI) to 0.39% by 2006, 0.56% by 2010, and 0.7% by 2015. Countries that have joined the EU since 2002 are expected to achieve a minimum of 0.17% of GNI by 2010 and 0.33% by 2015

The EU’s 2000 Development Policy is grounded on the principle of sustainable, equitable and participatory Human and Social Development. Promotion of human rights, democracy, the rule of law and good governance are an integral part.