Co-financing operations with European non-governmental development organisations (NGOs) in fields of interest to the developing countries

In its reexamined proposal following Parliament's opinion at second reading, the Commission has incorporated in full or in part six of the eight amendments adopted by Parliament. These amendments aim to: - give priority to operations based on local initiatives, - emphasise training and children's rights, - specify the type of information which the Commission must provide in its annual report to Parliament, - provide that as a general rule, the decision on support for an operation should be taken within six months of the date of receipt of the application; if the application is incomplete, the six-month period will run from the date of receipt of the information required; if the decision is negative, reasons must be forwarded, - take account of variations in exchange rates, - authorise agreements between European NGOs and local agents with regard to reinvestment of funds. It did not however incorporate the amendments advocating: - a deadline of 30 June each year for the annual report to be forwarded to Parliament, - reexamination of the regulation after five years of implementation, - modification of the commitology procedure. �