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The European Union's European Neighbourhood Policy aims at bringing Europe and its neighbours closer. It was conceived after the 2004 enlargement of the European Union with 10 new member countries, in order to avoid creating new borders in Europe. It is also designed to prevent the emergence of new dividing lines between the enlarged EU and its ...
Algeria is receiving €108 million - €132 million under the European Neighbourhood Instrument. [6] Currently funds are being used to promote economic efficiency, economic governance, and economic diversification, as well as strengthening democracy and reducing pollution. [6] Algeria is a member of the Euro-Mediterranean Partnership.
The EU Strategy for the South Caucasus is a long term strategy which is directed to create a secure political, economical and social environment next to the eastern borders of the European Union. This is an objective of the European Neighbourhood Policy, and forthcoming Eastern Partnership Program. [1]
The enlargement portfolio began to be created out of the regionalised foreign policy posts. In particular the Santer Commission post for relations with central and eastern Europe as those countries began applying to join. The Neighbourhood Policy element was created in 2004 as part of the External Relations portfolio.
Algeria is included in the European Union's European Neighbourhood Policy (ENP) which aims at bringing the EU and its neighbours closer. Giving incentives and rewarding best performers, as well as offering funds in a faster and more flexible manner, are the two main principles underlying the European Neighbourhood Instrument (ENI) that came ...
at least €19.32 is for the EU's "neighbourhood" – non-EU member states in Eastern and Southeastern Europe, and North Africa [5] at least €29.18bn is for states in Sub-Saharan Africa; at least €8.49bn is for states in the Asia–Pacific region; at least €3.39bn is for states in the Americas and the Caribbean
The European Neighbourhood Instrument (ENI), came into force in 2014. It is the financial arm of the European Neighbourhood Policy, the EU's foreign policy towards its neighbours to the East and to the South. It has a budget of €15.4 billion and provides the bulk of funding through a number of programmes.
Since 2004, Armenia and the other South Caucasus states have been part of the European Neighbourhood Policy, encouraging closer ties with the EU. Armenia and the EU were set to sign a free trade and Association Agreement in September 2013, however the agreement was called off by Armenia, prior to Armenia joining the Eurasian Economic Union in 2014.