EU aid tools
The strategy will bring the EU's relationship with the Pacific into line with the new EU development policy statement adopted by the EU institutions in December 2005 and with the revised Cotonou Agreement of 2005. It will also help put into practice the EU's commitments to aid effectiveness in the region.
The strategy consists of three components:
? stronger political relations on matters of common interest such as global political security, trade, economic and social development and the environment;
? more focused development action, with greater emphasis on regional cooperation to build up critical mass, enhance regional governance and facilitate mutual enrichment;
? more efficient aid delivery, including greater use of direct budget support and closer coordination with other partners, in particular Australia and New Zealand.
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