ACP ownership at the national level of such initiatives shall be guaranteed.

ACP countries

ACP 1

ACP States

ACP States:

ACP when bilaterally agreed.

ACP (Article 3(1) of Regulation (EC) No 638/2003),

ACP + OCTs (Article 13 of Regulation (EC) No 638/2003).

ACP broken rice (Article 5(1) of Regulation (EC) No 638/2003),

ACP product - Regulations (EC) No 2286/2002 and (EC) No 2247/2003

ACP Partnership Agreement signed in Cotonou on 23 June 2000 (pending ratification)

Resources allocated for the ACP States

(i) EUR 21 966 million shall be allocated to the ACP Group of States;

(i) the national indicative programmes of the ACP States in accordance with Articles 1 to 5 of Annex IV to the ACP-EC Partnership Agreement;

(b) EUR 2 700 million to finance intra-ACP and inter-regional cooperation with many or all of the ACP States, including, in accordance with Articles 12, 13(2) and 14 of Annex IV to the ACP-EC Partnership Agreement concerning implementation and management procedures.

This envelope shall also cover assistance for the operating expenditures of the ACP Secretariat referred to in points 1 and 2 of Protocol 1 attached to the ACP-EC Partnership Agreement;

(ii) the regional indicative programmes of support for regional and interregional cooperation and integration of ACP States in accordance with Articles 6 to 11, 13(1) and 14 of Annex IV to the ACP-EC Partnership Agreement.

(2) The ACP-EC Council of Ministers, meeting in Port Moresby (Papua New Guinea) on 1 and 2 June 2006, adopted Annex Ib to the ACP-EC Partnership Agreement and agreed therein to set the aggregate amount of Community aid to the ACP States under the multi-annual financial framework for the period 2008-2013, within the framework of the ACP-EC Partnership Agreement, at EUR 21 966 million from the 10th European Development Fund (hereinafter referred to as the »10th EDF«) contributed by Member States.

"South Africa, the ACP States or countries and territories that are eligible in accordance with the untying regulations of the EC";

"South Africa, the ACP States and countries and territories that are eligible in accordance with the untying regulations of the EC";

This Agreement is concluded for the same duration as the multi-annual financial framework of Annex Ib to the ACP-EC Partnership Agreement.

The Council shall, in accordance with paragraph 7 of the Financial Protocol of the ACP-EC Partnership Agreement, together with the ACP States, conduct a performance review, assessing the degree of realisation of commitments and disbursements, and the results and impact of the aid provided.

Financial resources may be adjusted by a decision of the Council acting unanimously, in accordance with Article 62(2) of the ACP-EC Partnership Agreement.

The work of the Commission and the EIB to apply the ACP-EC Partnership Agreement and the corresponding provisions of the Association Decision should be harmonised.

Recalling that financial and technical assistance for the implementation of Articles 11(6), 11a and 11b of the ACP-EC Partnership Agreement will be financed by specific instruments other than those intended for the financing of the ACP-EC Cooperation, activities developed under these provisions need to be approved by prior specified budgetary management procedures.

the CDE and the CTA referred to and supervised according to the rules and procedures set out in Annex III to the ACP-EC Partnership Agreement, and the Joint Parliamentary Assembly referred to in Article 17 thereof.

They shall also cover expenditure both at Commission headquarters and in Delegations on the administrative support needed to manage operations financed under the ACP-EC Partnership Agreement and the Association Decision.

The EIB shall be remunerated on a full indemnity basis for the management of the Investment Facility operations referred to in paragraph 3, in accordance with Article 3(1a) of Annex II to the ACP-EC Partnership Agreement.

Any Member State may, without prejudice of the decision making rules and procedures set out in Article 8, provide to the Commission or the EIB voluntary contributions to support the objectives of the ACP-EC Partnership Agreement.

These resources shall be allocated for an amount of up to EUR 2 000 million for the purposes set out in Annex II to the ACP-EC Partnership Agreement and for an amount of up to EUR 30 million for the purposes set out in the Association Decision, in accordance with the conditions specified in its statutes and the relevant provisions of the terms and conditions for investment financing as laid down in Annex II to the ACP-EC Partnership Agreement and the Association Decision.

(5) In order to implement the ACP-EC Partnership Agreement and the Association Decision, a 10th EDF should be established and a procedure should be laid down for the allocation of funds and for contributions from Member States to those funds.

(d) EUR 1 500 million in the form of an allocation to the EIB to finance the Investment Facility in accordance with the terms and conditions set out in Annex II to the ACP-EC Partnership Agreement, comprising an additional contribution of EUR 1 100 million to the resources of the Investment Facility, managed as a revolving fund, and EUR 400 million under the form of grants for the financing of the interest rate subsidies provided for in Articles 2 and 4 of Annex II to the ACP-EC Partnership Agreement over the period of the 10th EDF.

However, notwithstanding Article 1(4), this Agreement shall remain in force for as long as is necessary for all the operations financed under the ACP-EC Partnership Agreement and the Association Decision and the said multi-annual financial framework to be fully executed.

Where an OCT becomes independent and accedes to the ACP-EC Partnership Agreement, the amount indicated in paragraph 1 shall be reduced and those indicated in Article 2(a)(i) correspondingly increased by a decision of the Council acting unanimously on a proposal from the Commission.

REAFFIRMING their commitment to working together towards the achievement of the Cotonou Agreement objectives, in particular the eradication of poverty, sustainable development and the progressive integration of the African, Caribbean and Pacific (ACP) States into the world economy;

(11) It is anticipated that Bulgaria and Romania will have joined the EU by 1 January 2008 and will adhere to the ACP-EC Partnership Agreement and to the present Internal Agreement according to their commitments undertaken pursuant to the Treaty of Accession of Bulgaria and Romania and the Protocol thereto.

A Financial Regulation shall be adopted before the entry into force of the ACP-EC Partnership Agreement by the Council, acting by a qualified majority as laid down in Article 8, on the basis of a proposal from the Commission and after an opinion has been delivered by the EIB on those provisions concerning it and by the Court of Auditors.

Proceeds and income received by the EIB from operations under the Investment Facility under the 9th and 10th EDF shall be used for further operations under that Facility, in accordance with Article 3 of Annex II to the ACP-EC Partnership Agreement and after deduction of exceptional expenses and liabilities arising in connection with the Investment Facility.

(16) On 11 April 2006, the Council approved the principle to fund the African Peace Facility from the intra-ACP funds for an amount of up to EUR 300 million covering the initial period 2008-2010. A comprehensive evaluation will take place during the third year, reviewing its modalities as well as the possibilities of alternative future funding sources, including CFSP funding,

These funds shall be transferred to the 10th EDF and be managed according to the implementation arrangements for the 10th EDF from the date of entry into force of the multi-annual financial framework for the period 2008-2013 under the ACP-EC Partnership Agreement and the date of entry into force of Council decisions regarding the financial assistance to the OCT for the period 2008-2013.

INTERNAL AGREEMENT BETWEEN REPRESENTATIVES OF THE GOVERNMENTS OF THE MEMBER STATES, MEETING WITHIN THE COUNCIL, ON THE FINANCING OF COMMUNITY AID UNDER THE MULTI-ANNUAL FINANCIAL FRAMEWORK FOR THE PERIOD 2008-2013 IN ACCORDANCE WITH THE ACP-EC PARTNERSHIP AGREEMENT AND ON THE ALLOCATION OF FINANCIAL ASSISTANCE FOR THE OVERSEAS COUNTRIES AND TERRITORIES TO WHICH PART FOUR OF THE EC TREATY APPLIES

The Member States shall undertake to act as guarantor for the EIB, waiving any right to object and in proportion to their contributions to its capital, in respect of all financial commitments arising for borrowers under contracts concluded by the EIB for loans from its own resources pursuant to Article 1 of Annex II to the ACP-EC Partnership Agreement and the corresponding provisions of the Association Decision.

(b) The funds referred to in Annex I to the ACP-EC Partnership Agreement and Annex II A of the Association Decision and allocated under the 9th EDF to finance the resources of the Investment Facility set out in Annex II C of the Association Decision (hereinafter referred to as the ` Investment Facility` ) are not affected by Decision 2005/446/EC setting the date beyond which the funds of the 9th EDF may no longer be committed.

(9) On 12 September 2000, the Representatives of the Governments of the Member States, meeting within the Council adopted an Internal Agreement on the financing and administration of Community Aid under the Financial Protocol to the ACP-EC Partnership Agreement and the allocation of financial assistance for the Overseas Countries and Territories to which Part Four of the EC Treaty applies (hereinafter referred to as the »Internal Agreement for the 9th EDF«)(10).

Payments made to the EIB in respect of special loans granted to the ACP States, the OCTs and the French overseas departments, together with the proceeds and income from risk capital operations, under the EDFs prior to the 9th EDF shall be credited to the Member States in proportion to their contributions to the EDF to which the sums relate, unless the Council decides unanimously, on a proposal from the Commission, to place them in reserve or allocate them to other purposes.

(1) Paragraph 3 of Annex Ia of the Partnership Agreement between the members of the African, Caribbean and Pacific Group of States, of the one part and the European Community and its Member States, of the other part, signed in Cotonou on 23 June 2000(7) (hereinafter referred to as »the ACP-EC Partnership Agreement«), states that »any required amendments to the multiannual financial framework or relative parts of the Agreement shall be decided by the Council of Ministers by derogation from Article 95 of this Agreement«.

The revenue from interest generated on operations financed under commitments made under previous EDFs and on the funds of the 10th EDF managed by the Commission and deposited with the paying agents in Europe referred to in Article 37(1) of Annex IV to the ACP-EC Partnership Agreement shall be credited to one or more bank accounts opened in the name of the Commission and shall be used in accordance with the terms of Article 6. The use of the revenue from interest generated on the funds of the 10th EDF managed by the EIB, will be determined in the framework of the Financial Regulation referred to in Article 10(2).