The EU external assistance instruments for 2014-2020 are based on four main strategic principles derived from the Treaty of Lisbon on the establishment and functioning of the EU, the "Europe 2020" strategy for smart, sustainable and inclusive growth, as well as on the basis of the new Multiannual financial framework document for 2014-2020.
The EU focuses its work with its external partners on four policy priorities: enlargement, neighbourhood, cooperation with strategic partners and development cooperation.
The EU uses financial instruments for external relations to support the implementation of 8 these external policies.
The total amount agreed for this external relations package over the period 2014-2020 is:
- Instrument for Pre-accession Assistance (IPA): €11,699 million *
- European Neighbourhood Instrument (ENI): €15,433 million
- Development Cooperation Instrument (DCI): €19,662 million
- Partnership Instrument (PI): €955 million *
- Instrument contributing to Stability and Peace (IfSP): €2,339 million
- European Instrument for Democracy & Human Rights (EIDHR): €1,333 million
- Instrument for Nuclear Safety Cooperation: €225 million
- Instrument for Greenland: €184 million *
- European Development Fund: €30,506 million ( outside of the EU budget) *
- Instrument for Humanitarian Aid: € 6 621 million
- Instrument for Macro-Financial Assistance (IMFA): € 564,56 million
* Not applicable to Belarus
The EU Financing Instruments 2014 – 2020 are presented below.