EU/Iceland, Liechtenstein and Norway Agreements: Financial Mechanisms 2009-2014 and imports of certain fish and fisheries products 2009-2014

PURPOSE: to conclude an Agreement between the EU, Iceland, Liechtenstein and Norway on an EEA Financial Mechanism 2009-2014, an Agreement between the EU and Norway on a Norwegian Financial Mechanism 2009-2014, an Additional Protocol to the Agreement between the EEC and Iceland concerning special provisions applicable to imports into the EU of certain fish and fisheries products 2009-2014 and an Additional Protocol to the Agreement between the EEC and Norway concerning special provisions applicable to imports into the  EU of certain fish and fisheries products 2009-2014.

IMPACT ASSESSMENT: no impact assessment was carried out.

LEGAL BASIS: Article 217 in conjunction with Article 218(6)(a) of the Treaty on the Functioning of the European Union (TFEU).

CONTENT: this proposal for a Decision aims to conclude the following agreements and protocols, on behalf of the Union:

• an Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2009-2014 and the Annex thereto;
• an Agreement between the European Union and the Kingdom of Norway on a Norwegian Financial Mechanism for the period 2009-2014;
• an Additional Protocol to the Agreement between the European Economic Community and the Republic of Iceland and the Annex thereto;
• an Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway and the Annex thereto.

For further details as regards the content of these agreements and protocols please refer to the summary of the document annexed to the procedure dated 20 July 2010.

BUDGETARY IMPLICATION: in accordance with the proposed Financial Mechanism, the overall envelope is set at EUR 1.8 billion for the period 2009-2014.