IPA III will also support the implementation of robust economic reform programmes and enhance the focus on reforms necessary for future membership. With a final budgetary envelope of EUR 14.162 billion (in current prices), the new instrument will be clearly aligned with the flagships and priorities of the ‘Economic and Investment Plan for the Western Balkans’ (October 2020), the Western Balkan Strategy ‘A credible enlargement perspective for and enhanced EU engagement with the Western Balkans (February 2018), and the Commission Communication ‘Enhancing the accession process – a credible EU perspective for the Western Balkans (February 2020). IPA III (2021-2027)įollowing the European Commission’s proposal for a Regulation of the European Parliament and of the Council establishing the Instrument for Pre-accession Assistance (IPA III), which can be downloaded here, an agreement was reached by all three institutions on 2 June 2021. The pre-accession funds also help the EU reach its own objectives regarding a sustainable economic recovery, energy supply, transport, the environment and climate change, etc. Those reforms should provide their citizens with better opportunities and allow for development of standards equal to the ones we enjoy as citizens of the EU. They help the beneficiaries make political and economic reforms, preparing them for the rights and obligations that come with EU membership.
PurposeĮU pre-accession funds are a sound investment into the future of both the enlargement region and the EU itself. The current beneficiaries are: Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, Serbia , and Turkey. Following the political agreement reached with the European Parliament and the Council on 2 June 2021, the Regulation is set to be adopted in September 2021, once the necessary steps at technical level have been taken. IPA funds build up the capacities of the beneficiaries throughout the accession process, resulting in progressive, positive developments in the region.įor the period 2007-2013, IPA had a budget of EUR 11.5 billion its successor, the Instrument for Pre-accession Assistance (known as IPA II), built on the results already achieved by allocating EUR 12.8 billion for the period 2014-2020.Īs part of the 2021-2027 Multiannual Financial Framework, on 14 June 2018 the European Commission presented its proposal for IPA II’s successor, the Regulation establishing the Instrument for Pre-accession Assistance (IPA III). The Instrument for Pre-accession Assistance (IPA) is the means by which the EU has been supporting reforms in the enlargement region with financial and technical assistance since 2007.
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