EU/Iraq relations: flexibility instrument in favour of the rehabilitation and reconstruction (Interinstitutional Agreement of 6 May 1999, point 24)

PURPOSE : to mobilise the flexibility instrument in favour of the reconstruction of Iraq.

PROPOSED ACT : Decision of the European Parliament and of the Council.

CONTENT : The Commission proposes to continue the support to the stabilisation and reconstruction process in Iraq initiated in 2003 and 2004 as one of its key external responsibility priorities in 2005. For that purpose, an amount of EUR 200 is set aside in the 2005 budget, of which 190 millions to be implemented under the article 19 08 07 "Aid for rehabilitation and reconstruction of Iraq" and EUR 10 million under the article 19 04 03 "Development and consolidation of democracy and the rule of law – Respect for human rights and fundamental freedoms". These amounts will be financed by redeployment and mobilisation of the margin existing under the ceiling of Heading 4 "External actions" of the financial perspective, and by mobilising the flexibility instrument for an amount of EUR 115 million.