EU/Liechtenstein Agreement: supplementary rules in relation to the instrument for financial support for external borders and visa
PURPOSE: to conclude, on behalf of the European Union, an Agreement between the European Union and Liechtenstein on supplementary rules in relation to the instrument for financial support for external borders and visa, as part of the Internal Security Fund for the period 2014 to 2020.
LEGISLATIVE ACT: Council Decision.
ROLE OF THE EUROPEAN PARLIAMENT: Council may adopt the act only if Parliament has given its consent to the act.
BACKGROUND : the Agreement between the European Union and Liechtenstein on supplementary rules in relation to the instrument for financial support for external borders and visa, as part of the Internal Security Fund, for the period 2014 to 2020 ("the Agreement") was signed by the Commission , subject to its conclusion at a later date.
Regulation (EU) No 515/201[1] of the European Parliament and of the Council provides that the countries associated with the Schengen acquis participate in the instrument in accordance with its provisions. Arrangements are to be concluded on their financial contributions and the supplementary rules necessary for such participation, including provisions ensuring the protection of the Union's financial interests and the powers of audit of the Court of Auditors.
CONTENT: the draft Decision proposes that the Council approve, on behalf of the EU, the Agreement with Liechtenstein on supplementary rules in relation to the instrument for financial support for external borders and visa, as part of the Internal Security Fund, for the period 2014 to 2020.
Denmark, the United Kingdom and Ireland are not taking part in the adoption of the Decision and are not bound by it or subject to its application.