BETA


2016/0052(NLE) EU/Iceland/Liechtenstein/Norway Agreement: EEA financial mechanism 2014-2021; Norway/EU Agreement: Norwegian financial mechanism 2014-2021; additional Protocol to EEC/Norway Agreement; additional Protocol to EEC/Iceland Agreement

Progress: Procedure completed, awaiting publication in Official Journal

RoleCommitteeRapporteurShadows
Lead INTA BORRELLI David (icon: EFDD EFDD) PABRIKS Artis (icon: PPE PPE), DANTI Nicola (icon: S&D S&D), CAMPBELL BANNERMAN David (icon: ECR ECR), SCHAAKE Marietje (icon: ALDE ALDE), SCHOLZ Helmut (icon: GUE/NGL GUE/NGL), HAUTALA Heidi (icon: Verts/ALE Verts/ALE)
Committee Opinion REGI
Lead committee dossier:
Legal Basis:
TFEU 175-p3, TFEU 207, TFEU 218-p6a

Events

2017/07/11
   EP/CSL - Act adopted by Council after consultation of Parliament
2017/07/11
   EP - End of procedure in Parliament
2017/07/11
   CSL - Council Meeting
2017/05/18
   EP - Results of vote in Parliament
2017/05/18
   EP - Decision by Parliament, 1st reading/single reading
Details

The European Parliament adopted by 570 votes to 38, with 23 abstentions, a resolution on the draft Council decision on conclusion of the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021, the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021, the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway, and the Additional Protocol to the Agreement between the European Economic Community and Iceland.

The European Parliament gave its consent to the conclusion of the agreements and protocols.

The EEA Financial Mechanism Agreement and the Norway Agreement will together provide a financial contribution of the EEA EFTA States to the economic and social cohesion in the EEA of EUR 2.8 billion for the period 2014-2021. The review of the EU-Iceland and EU-Norway fish trade protocols led to new concessions being granted to both countries for the period 2014-2021.

Documents
2017/05/17
   EP - Debate in Parliament
2017/03/24
   EP - Committee report tabled for plenary, 1st reading/single reading
Details

The Committee on International Trade adopted the report by David BORRELLI (EFDD, IT) on the draft Council decision on conclusion of the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021, the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021, the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway, and the Additional Protocol to the Agreement between the European Economic Community and Iceland.

The committee recommended the European Parliament to give its consent to the conclusion of the agreements and protocols.

The EEA Financial Mechanism Agreement and the Norway Agreement will together provide a financial contribution of the EEA EFTA States to the economic and social cohesion in the EEA of EUR 2.8 billion for the period 2014-2021. A certain amount of financial resources shall be allocated to tackle youth unemployment. This outcome means an overall increase in the financial contribution of 11.3 % compared to the period 2009-2014.

The review of the EU-Iceland and EU-Norway fish trade protocols led to new concessions being granted to both countries for the period 2014-2021.

The rapporteur is in favour of setting up a new mechanism for the financial contributions of the EEA EFTA States and a new Norwegian financial mechanism in view of the continuing need to alleviate the economic and social disparities within the European Economic Area.

Documents
2017/03/21
   EP - Vote in committee, 1st reading/single reading
2016/06/07
   EP - Committee draft report
Documents
2016/05/25
   EP - Committee referral announced in Parliament, 1st reading/single reading
2016/04/12
   CSL - Document attached to the procedure
Documents
2016/04/12
   CSL - Document attached to the procedure
Documents
2016/04/12
   CSL - Document attached to the procedure
Documents
2016/04/12
   CSL - Document attached to the procedure
Documents
2016/04/12
   EC - Legislative proposal published
Details

PURPOSE: to conclude: (i) the Agreement between the European Union, Iceland, Liechtenstein and Norway on an EEA Financial Mechanism 2014-2021, (ii) the Agreement between Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021, (ii) the Additional Protocol to the Agreement between the European Economic Community and Norway and, (iv) the Additional Protocol to the Agreement between the European Economic Community and Iceland.

PROPOSED 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 alleviation of economic and social disparities within the European Economic Area remains necessary .

In view of that, a new mechanism for the financial contributions of the EEA EFTA States and a new Norwegian financial mechanism should be established.

On 7 October 2013, the Council authorised the Commission to open negotiations with Iceland, Liechtenstein and Norway on an agreement on the future financial contributions of the EEA EFTA States to economic and social cohesion in the European Economic Area.

The EEA Financial Mechanism (2014-2021) and the Norway Grants (2014-2021) will contribute to achieving the overall objectives of the Europe 2020 strategy for smart, sustainable and inclusive growth.

The replacement of the existing financial mechanisms by new mechanisms, which relate to different time periods, different amounts of funds, and different implementing provisions, as well as the renewal and extension of the concessions relating to certain fish and fisheries products, taken as a whole, constitute an important development of the association with the EEA EFTA States, which justifies the recourse to Article 217 of the TFEU (legal basis for the conclusion of an association agreement).

In this context:

the Agreement between the EU, Iceland, Liechtenstein and Norway on an EEA Financial Mechanism 2014-2021; the Agreement between Norway and the EU on a Norwegian Financial Mechanism for the period 2014-2021; the Additional Protocol to the Agreement between the European Economic Community and Norway, and the Additional Protocol to the Agreement between the European Economic Community and Iceland were all signed in Brussels.

It is now necessary to approve those Agreements and Protocols on behalf of the Union.

CONTENT: with this proposal, the Council is called upon to adopt the Decision on the conclusion of the EEA Financial Mechanism Agreement, the Norway Agreement, the Norway Protocol and the Iceland Protocol after obtaining the consent of the European Parliament.

The EEA Financial Mechanism Agreement and the Norway Agreement will together provide a financial contribution of the EEA EFTA States to the economic and social cohesion in the EEA of EUR 2.8 billion for the period 2014-2021.

For further details on the main issues of the proposal, please refer to the summary of the Commission’s initial legislative proposal from 23.2.2016.

The Agreements and Protocols are to be applied provisionally as of the dates stipulated in their Articles, pending completion of the relevant procedures for their ratification or conclusion and entry into force.

Documents
2016/03/15
   EP - Responsible Committee
2016/02/23
   EC - Document attached to the procedure
2016/02/23
   EC - Initial legislative proposal published
Details

PURPOSE: to conclude (i) the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021, (ii) the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021, (ii) the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway and, (iv) the Additional Protocol to the Agreement between the European Economic Community and Iceland.

PROPOSED ACT: Council Decision.

ROLE OF THE EUROPEAN PARLIAMENT: Council may adopt the act only if Parliament has given its consent to the act.

BACKGROUND: there remains a need to alleviate economic and social disparities within the European Economic Area (EEA), and a new mechanism for the financial contributions of the EEA EFTA States and a new Norwegian financial mechanism should therefore be established.

On 7 October 2013, the Council authorised the Commission to open negotiations with Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an agreement on the future financial contributions of the EEA EFTA States to economic and social cohesion in the European Economic Area.

In parallel, but independently of the negotiations on the financial mechanism, a review of the EU-Iceland and EU-Norway fish trade protocols was opened on the basis of the revision clause of the additional protocols to the Free Trade Agreements with Norway and Iceland.

The negotiations were concluded at negotiators’ level with the initialling on 17 July 2015 of:

the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021; the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021; the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway; the Additional Protocol to the Agreement between the European Economic Community and Iceland.

CONTENT: with this proposal, the Commission proposes that the Council adopts the attached Decision on the conclusion of the EEA Financial Mechanism Agreement, the Norway Agreement, the Norway Protocol and the Iceland Protocol after obtaining the consent of the European Parliament.

The EEA Financial Mechanism Agreement and the Norway Agreement will together provide a financial contribution of the EEA EFTA States to the economic and social cohesion in the EEA of EUR 2.8 billion for the period 2014-2021 which will contribute to achieving the overall objectives of the Europe 2020 strategy for smart, sustainable and inclusive growth. They will also allocate a certain amount of financial resources to tackling youth unemployment.

The review of the EU-Iceland and EU-Norway fish trade protocols led to new concessions being granted to both countries for the period 2014-2021. These concessions essentially constitute a renewal of the concessions that were in place for the period 2009-2014 with:

for Iceland, a modest increase in the two tariff quotas; for Norway, a modest increase in the concessions for some tariff lines and a renewal of the previous concessions for other tariff lines. Norway will renew the fish transit arrangement for a seven-year period, starting from date when the new concessions come into provisional application.

The Agreements and Protocols are to be applied provisionally as of the dates stipulated in their Articles, pending completion of the relevant procedures for their ratification or conclusion and entry into force.

Documents

Activities

Votes

A8-0072/2017 - David Borrelli - Approbation

2017/05/18 Outcome: +: 570, -: 38, 0: 23
DE IT PL ES FR RO GB SE NL PT CZ BE HU BG FI AT SK IE LT DK HR SI EL LV EE LU MT CY
Total
84
64
46
45
59
25
44
18
23
20
18
17
16
15
13
17
11
10
9
11
8
8
20
7
6
5
5
5
icon: PPE PPE
184

Denmark PPE

Against (1)

1

Estonia PPE

For (1)

1

Luxembourg PPE

3

Malta PPE

2

Cyprus PPE

1
icon: S&D S&D
171

Netherlands S&D

3

Belgium S&D

2
3

Ireland S&D

For (1)

1

Lithuania S&D

1

Croatia S&D

For (1)

1

Slovenia S&D

For (1)

1

Latvia S&D

1

Estonia S&D

For (1)

1

Luxembourg S&D

For (1)

1

Malta S&D

3

Cyprus S&D

2
icon: ALDE ALDE
60

Romania ALDE

For (1)

1

United Kingdom ALDE

1

Portugal ALDE

1

Austria ALDE

For (1)

1

Ireland ALDE

For (1)

1

Croatia ALDE

2

Slovenia ALDE

For (1)

1

Latvia ALDE

1

Estonia ALDE

3

Luxembourg ALDE

For (1)

1
icon: ECR ECR
59

Italy ECR

1

Romania ECR

For (1)

1

Netherlands ECR

2

Czechia ECR

2

Bulgaria ECR

2
2

Slovakia ECR

2

Lithuania ECR

1

Croatia ECR

For (1)

1

Greece ECR

Against (1)

1

Latvia ECR

For (1)

1
icon: Verts/ALE Verts/ALE
43

Italy Verts/ALE

For (1)

1

United Kingdom Verts/ALE

2

Netherlands Verts/ALE

2

Belgium Verts/ALE

For (1)

1

Hungary Verts/ALE

2

Finland Verts/ALE

For (1)

1

Austria Verts/ALE

3

Lithuania Verts/ALE

For (1)

1

Denmark Verts/ALE

For (1)

1

Slovenia Verts/ALE

For (1)

1

Latvia Verts/ALE

1

Estonia Verts/ALE

For (1)

1
icon: GUE/NGL GUE/NGL
43

France GUE/NGL

Abstain (1)

2

United Kingdom GUE/NGL

1

Sweden GUE/NGL

For (1)

1

Netherlands GUE/NGL

2

Portugal GUE/NGL

For (1)

4

Czechia GUE/NGL

1

Finland GUE/NGL

For (1)

1

Denmark GUE/NGL

For (1)

1

Cyprus GUE/NGL

2
icon: EFDD EFDD
29

Germany EFDD

Abstain (1)

1

Poland EFDD

1

Sweden EFDD

2

Czechia EFDD

Against (1)

1

Lithuania EFDD

For (1)

1
icon: NI NI
11

Poland NI

Abstain (1)

1

France NI

Against (1)

2

United Kingdom NI

Against (1)

Abstain (1)

2

Hungary NI

For (1)

1
icon: ENF ENF
29

Poland ENF

2

United Kingdom ENF

Against (1)

1

Netherlands ENF

3

Belgium ENF

Abstain (1)

1

Austria ENF

3

History

(these mark the time of scraping, not the official date of the change)

activities
  • date
    2016-02-23T00:00:00
    docs
    • url
      http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/com/2016/0086/COM_COM(2016)0086(ANN)_EN.pdf
      text
      • PURPOSE: to conclude (i) the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021, (ii) the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021, (ii) the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway and, (iv) the Additional Protocol to the Agreement between the European Economic Community and Iceland.

        PROPOSED ACT: Council Decision.

        ROLE OF THE EUROPEAN PARLIAMENT: Council may adopt the act only if Parliament has given its consent to the act. 

        BACKGROUND: there remains a need to alleviate economic and social disparities within the European Economic Area (EEA), and a new mechanism for the financial contributions of the EEA EFTA States and a new Norwegian financial mechanism should therefore be established.

        On 7 October 2013, the Council authorised the Commission to open negotiations with Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an agreement on the future financial contributions of the EEA EFTA States to economic and social cohesion in the European Economic Area.

        In parallel, but independently of the negotiations on the financial mechanism, a review of the EU-Iceland and EU-Norway fish trade protocols was opened on the basis of the revision clause of the additional protocols to the Free Trade Agreements with Norway and Iceland.

        The negotiations were concluded at negotiators’ level with the initialling on 17 July 2015 of:

        • the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021;
        • the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021;
        • the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway;
        • the Additional Protocol to the Agreement between the European Economic Community and Iceland.

        CONTENT: with this proposal, the Commission proposes that the Council adopts the attached Decision on the conclusion of the EEA Financial Mechanism Agreement, the Norway Agreement, the Norway Protocol and the Iceland Protocol after obtaining the consent of the European Parliament.

        The EEA Financial Mechanism Agreement and the Norway Agreement will together provide a financial contribution of the EEA EFTA States to the economic and social cohesion in the EEA of EUR 2.8 billion for the period 2014-2021 which will contribute to achieving the overall objectives of the Europe 2020 strategy for smart, sustainable and inclusive growth. They will also allocate a certain amount of financial resources to tackling youth unemployment.

        The review of the EU-Iceland and EU-Norway fish trade protocols led to new concessions being granted to both countries for the period 2014-2021. These concessions essentially constitute a renewal of the concessions that were in place for the period 2009-2014 with:

        • for Iceland, a modest increase in the two tariff quotas;
        • for Norway, a modest increase in the concessions for some tariff lines and a renewal of the previous concessions for other tariff lines. Norway will renew the fish transit arrangement for a seven-year period, starting from date when the new concessions come into provisional application.

        The Agreements and Protocols are to be applied provisionally as of the dates stipulated in their Articles, pending completion of the relevant procedures for their ratification or conclusion and entry into force.

      title
      COM(2016)0086
      type
      Initial legislative proposal published
      celexid
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    body
    EC
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    • DG
      Commissioner
      MOSCOVICI Pierre
    type
    Initial legislative proposal published
  • date
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      text
      • PURPOSE: to conclude: (i) the Agreement between the European Union, Iceland, Liechtenstein and Norway on an EEA Financial Mechanism 2014-2021, (ii) the Agreement between Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021, (ii) the Additional Protocol to the Agreement between the European Economic Community and Norway and, (iv) the Additional Protocol to the Agreement between the European Economic Community and Iceland.

        PROPOSED 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 alleviation of economic and social disparities within the European Economic Area remains necessary.

        In view of that, a new mechanism for the financial contributions of the EEA EFTA States and a new Norwegian financial mechanism should be established.

        On 7 October 2013, the Council authorised the Commission to open negotiations with Iceland, Liechtenstein and Norway on an agreement on the future financial contributions of the EEA EFTA States to economic and social cohesion in the European Economic Area.

        The EEA Financial Mechanism (2014-2021) and the Norway Grants (2014-2021) will contribute to achieving the overall objectives of the Europe 2020 strategy for smart, sustainable and inclusive growth.

        The replacement of the existing financial mechanisms by new mechanisms, which relate to different time periods, different amounts of funds, and different implementing provisions, as well as the renewal and extension of the concessions relating to certain fish and fisheries products, taken as a whole, constitute an important development of the association with the EEA EFTA States, which justifies the recourse to Article 217 of the TFEU (legal basis for the conclusion of an association agreement).

        In this context:

        • the Agreement between the EU, Iceland, Liechtenstein and Norway on an EEA Financial Mechanism 2014-2021;
        • the Agreement between Norway and the EU on a Norwegian Financial Mechanism for the period 2014-2021;
        • the Additional Protocol to the Agreement between the European Economic Community and Norway, and the Additional Protocol to the Agreement between the European Economic Community and Iceland were all signed in Brussels.

        It is now necessary to approve those Agreements and Protocols on behalf of the Union.

        CONTENT: with this proposal, the Council is called upon to adopt the Decision on the conclusion of the EEA Financial Mechanism Agreement, the Norway Agreement, the Norway Protocol and the Iceland Protocol after obtaining the consent of the European Parliament.

        The EEA Financial Mechanism Agreement and the Norway Agreement will together provide a financial contribution of the EEA EFTA States to the economic and social cohesion in the EEA of EUR 2.8 billion for the period 2014-2021.

        For further details on the main issues of the proposal, please refer to the summary of the Commission’s initial legislative proposal from 23.2.2016.

        The Agreements and Protocols are to be applied provisionally as of the dates stipulated in their Articles, pending completion of the relevant procedures for their ratification or conclusion and entry into force.

      type
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      • The Committee on International Trade adopted the report by David BORRELLI (EFDD, IT) on the draft Council decision on conclusion of the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021, the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021, the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway, and the Additional Protocol to the Agreement between the European Economic Community and Iceland.

        The committee recommended the European Parliament to give its consent to the conclusion of the agreements and protocols.

        The EEA Financial Mechanism Agreement and the Norway Agreement will together provide a financial contribution of the EEA EFTA States to the economic and social cohesion in the EEA of EUR 2.8 billion for the period 2014-2021. A certain amount of financial resources shall be allocated to tackle youth unemployment. This outcome means an overall increase in the financial contribution of 11.3 % compared to the period 2009-2014.

        The review of the EU-Iceland and EU-Norway fish trade protocols led to new concessions being granted to both countries for the period 2014-2021.

        The rapporteur is in favour of setting up a new mechanism for the financial contributions of the EEA EFTA States and a new Norwegian financial mechanism in view of the continuing need to alleviate the economic and social disparities within the European Economic Area.

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  • The European Parliament adopted by 570 votes to 38, with 23 abstentions, a resolution on the draft Council decision on conclusion of the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021, the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021, the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway, and the Additional Protocol to the Agreement between the European Economic Community and Iceland.

    The European Parliament gave its consent to the conclusion of the agreements and protocols.

    The EEA Financial Mechanism Agreement and the Norway Agreement will together provide a financial contribution of the EEA EFTA States to the economic and social cohesion in the EEA of EUR 2.8 billion for the period 2014-2021. The review of the EU-Iceland and EU-Norway fish trade protocols led to new concessions being granted to both countries for the period 2014-2021.

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    • PURPOSE: to conclude (i) the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021, (ii) the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021, (ii) the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway and, (iv) the Additional Protocol to the Agreement between the European Economic Community and Iceland.

      PROPOSED ACT: Council Decision.

      ROLE OF THE EUROPEAN PARLIAMENT: Council may adopt the act only if Parliament has given its consent to the act. 

      BACKGROUND: there remains a need to alleviate economic and social disparities within the European Economic Area (EEA), and a new mechanism for the financial contributions of the EEA EFTA States and a new Norwegian financial mechanism should therefore be established.

      On 7 October 2013, the Council authorised the Commission to open negotiations with Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an agreement on the future financial contributions of the EEA EFTA States to economic and social cohesion in the European Economic Area.

      In parallel, but independently of the negotiations on the financial mechanism, a review of the EU-Iceland and EU-Norway fish trade protocols was opened on the basis of the revision clause of the additional protocols to the Free Trade Agreements with Norway and Iceland.

      The negotiations were concluded at negotiators’ level with the initialling on 17 July 2015 of:

      • the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021;
      • the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021;
      • the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway;
      • the Additional Protocol to the Agreement between the European Economic Community and Iceland.

      CONTENT: with this proposal, the Commission proposes that the Council adopts the attached Decision on the conclusion of the EEA Financial Mechanism Agreement, the Norway Agreement, the Norway Protocol and the Iceland Protocol after obtaining the consent of the European Parliament.

      The EEA Financial Mechanism Agreement and the Norway Agreement will together provide a financial contribution of the EEA EFTA States to the economic and social cohesion in the EEA of EUR 2.8 billion for the period 2014-2021 which will contribute to achieving the overall objectives of the Europe 2020 strategy for smart, sustainable and inclusive growth. They will also allocate a certain amount of financial resources to tackling youth unemployment.

      The review of the EU-Iceland and EU-Norway fish trade protocols led to new concessions being granted to both countries for the period 2014-2021. These concessions essentially constitute a renewal of the concessions that were in place for the period 2009-2014 with:

      • for Iceland, a modest increase in the two tariff quotas;
      • for Norway, a modest increase in the concessions for some tariff lines and a renewal of the previous concessions for other tariff lines. Norway will renew the fish transit arrangement for a seven-year period, starting from date when the new concessions come into provisional application.

      The Agreements and Protocols are to be applied provisionally as of the dates stipulated in their Articles, pending completion of the relevant procedures for their ratification or conclusion and entry into force.

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    • PURPOSE: to conclude (i) the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021, (ii) the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021, (ii) the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway and, (iv) the Additional Protocol to the Agreement between the European Economic Community and Iceland.

      PROPOSED ACT: Council Decision.

      ROLE OF THE EUROPEAN PARLIAMENT: Council may adopt the act only if Parliament has given its consent to the act. 

      BACKGROUND: there remains a need to alleviate economic and social disparities within the European Economic Area (EEA), and a new mechanism for the financial contributions of the EEA EFTA States and a new Norwegian financial mechanism should therefore be established.

      On 7 October 2013, the Council authorised the Commission to open negotiations with Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an agreement on the future financial contributions of the EEA EFTA States to economic and social cohesion in the European Economic Area.

      In parallel, but independently of the negotiations on the financial mechanism, a review of the EU-Iceland and EU-Norway fish trade protocols was opened on the basis of the revision clause of the additional protocols to the Free Trade Agreements with Norway and Iceland.

      The negotiations were concluded at negotiators’ level with the initialling on 17 July 2015 of:

      • the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021;
      • the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021;
      • the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway;
      • the Additional Protocol to the Agreement between the European Economic Community and Iceland.

      CONTENT: with this proposal, the Commission proposes that the Council adopts the attached Decision on the conclusion of the EEA Financial Mechanism Agreement, the Norway Agreement, the Norway Protocol and the Iceland Protocol after obtaining the consent of the European Parliament.

      The EEA Financial Mechanism Agreement and the Norway Agreement will together provide a financial contribution of the EEA EFTA States to the economic and social cohesion in the EEA of EUR 2.8 billion for the period 2014-2021 which will contribute to achieving the overall objectives of the Europe 2020 strategy for smart, sustainable and inclusive growth. They will also allocate a certain amount of financial resources to tackling youth unemployment.

      The review of the EU-Iceland and EU-Norway fish trade protocols led to new concessions being granted to both countries for the period 2014-2021. These concessions essentially constitute a renewal of the concessions that were in place for the period 2009-2014 with:

      • for Iceland, a modest increase in the two tariff quotas;
      • for Norway, a modest increase in the concessions for some tariff lines and a renewal of the previous concessions for other tariff lines. Norway will renew the fish transit arrangement for a seven-year period, starting from date when the new concessions come into provisional application.

      The Agreements and Protocols are to be applied provisionally as of the dates stipulated in their Articles, pending completion of the relevant procedures for their ratification or conclusion and entry into force.

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    • PURPOSE: to conclude (i) the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021, (ii) the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021, (ii) the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway and, (iv) the Additional Protocol to the Agreement between the European Economic Community and Iceland.

      PROPOSED ACT: Council Decision.

      ROLE OF THE EUROPEAN PARLIAMENT: Council may adopt the act only if Parliament has given its consent to the act. 

      BACKGROUND: there remains a need to alleviate economic and social disparities within the European Economic Area (EEA), and a new mechanism for the financial contributions of the EEA EFTA States and a new Norwegian financial mechanism should therefore be established.

      On 7 October 2013, the Council authorised the Commission to open negotiations with Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an agreement on the future financial contributions of the EEA EFTA States to economic and social cohesion in the European Economic Area.

      In parallel, but independently of the negotiations on the financial mechanism, a review of the EU-Iceland and EU-Norway fish trade protocols was opened on the basis of the revision clause of the additional protocols to the Free Trade Agreements with Norway and Iceland.

      The negotiations were concluded at negotiators’ level with the initialling on 17 July 2015 of:

      • the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021;
      • the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021;
      • the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway;
      • the Additional Protocol to the Agreement between the European Economic Community and Iceland.

      CONTENT: with this proposal, the Commission proposes that the Council adopts the attached Decision on the conclusion of the EEA Financial Mechanism Agreement, the Norway Agreement, the Norway Protocol and the Iceland Protocol after obtaining the consent of the European Parliament.

      The EEA Financial Mechanism Agreement and the Norway Agreement will together provide a financial contribution of the EEA EFTA States to the economic and social cohesion in the EEA of EUR 2.8 billion for the period 2014-2021 which will contribute to achieving the overall objectives of the Europe 2020 strategy for smart, sustainable and inclusive growth. They will also allocate a certain amount of financial resources to tackling youth unemployment.

      The review of the EU-Iceland and EU-Norway fish trade protocols led to new concessions being granted to both countries for the period 2014-2021. These concessions essentially constitute a renewal of the concessions that were in place for the period 2009-2014 with:

      • for Iceland, a modest increase in the two tariff quotas;
      • for Norway, a modest increase in the concessions for some tariff lines and a renewal of the previous concessions for other tariff lines. Norway will renew the fish transit arrangement for a seven-year period, starting from date when the new concessions come into provisional application.

      The Agreements and Protocols are to be applied provisionally as of the dates stipulated in their Articles, pending completion of the relevant procedures for their ratification or conclusion and entry into force.

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    • PURPOSE: to conclude (i) the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021, (ii) the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021, (ii) the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway and, (iv) the Additional Protocol to the Agreement between the European Economic Community and Iceland.

      PROPOSED ACT: Council Decision.

      ROLE OF THE EUROPEAN PARLIAMENT: Council may adopt the act only if Parliament has given its consent to the act. 

      BACKGROUND: there remains a need to alleviate economic and social disparities within the European Economic Area (EEA), and a new mechanism for the financial contributions of the EEA EFTA States and a new Norwegian financial mechanism should therefore be established.

      On 7 October 2013, the Council authorised the Commission to open negotiations with Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an agreement on the future financial contributions of the EEA EFTA States to economic and social cohesion in the European Economic Area.

      In parallel, but independently of the negotiations on the financial mechanism, a review of the EU-Iceland and EU-Norway fish trade protocols was opened on the basis of the revision clause of the additional protocols to the Free Trade Agreements with Norway and Iceland.

      The negotiations were concluded at negotiators’ level with the initialling on 17 July 2015 of:

      • the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021;
      • the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021;
      • the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway;
      • the Additional Protocol to the Agreement between the European Economic Community and Iceland.

      CONTENT: with this proposal, the Commission proposes that the Council adopts the attached Decision on the conclusion of the EEA Financial Mechanism Agreement, the Norway Agreement, the Norway Protocol and the Iceland Protocol after obtaining the consent of the European Parliament.

      The EEA Financial Mechanism Agreement and the Norway Agreement will together provide a financial contribution of the EEA EFTA States to the economic and social cohesion in the EEA of EUR 2.8 billion for the period 2014-2021 which will contribute to achieving the overall objectives of the Europe 2020 strategy for smart, sustainable and inclusive growth. They will also allocate a certain amount of financial resources to tackling youth unemployment.

      The review of the EU-Iceland and EU-Norway fish trade protocols led to new concessions being granted to both countries for the period 2014-2021. These concessions essentially constitute a renewal of the concessions that were in place for the period 2009-2014 with:

      • for Iceland, a modest increase in the two tariff quotas;
      • for Norway, a modest increase in the concessions for some tariff lines and a renewal of the previous concessions for other tariff lines. Norway will renew the fish transit arrangement for a seven-year period, starting from date when the new concessions come into provisional application.

      The Agreements and Protocols are to be applied provisionally as of the dates stipulated in their Articles, pending completion of the relevant procedures for their ratification or conclusion and entry into force.

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    • PURPOSE: to conclude (i) the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021, (ii) the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021, (ii) the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway and, (iv) the Additional Protocol to the Agreement between the European Economic Community and Iceland.

      PROPOSED ACT: Council Decision.

      ROLE OF THE EUROPEAN PARLIAMENT: Council may adopt the act only if Parliament has given its consent to the act. 

      BACKGROUND: there remains a need to alleviate economic and social disparities within the European Economic Area (EEA), and a new mechanism for the financial contributions of the EEA EFTA States and a new Norwegian financial mechanism should therefore be established.

      On 7 October 2013, the Council authorised the Commission to open negotiations with Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an agreement on the future financial contributions of the EEA EFTA States to economic and social cohesion in the European Economic Area.

      In parallel, but independently of the negotiations on the financial mechanism, a review of the EU-Iceland and EU-Norway fish trade protocols was opened on the basis of the revision clause of the additional protocols to the Free Trade Agreements with Norway and Iceland.

      The negotiations were concluded at negotiators’ level with the initialling on 17 July 2015 of:

      • the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021;
      • the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021;
      • the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway;
      • the Additional Protocol to the Agreement between the European Economic Community and Iceland.

      CONTENT: with this proposal, the Commission proposes that the Council adopts the attached Decision on the conclusion of the EEA Financial Mechanism Agreement, the Norway Agreement, the Norway Protocol and the Iceland Protocol after obtaining the consent of the European Parliament.

      The EEA Financial Mechanism Agreement and the Norway Agreement will together provide a financial contribution of the EEA EFTA States to the economic and social cohesion in the EEA of EUR 2.8 billion for the period 2014-2021 which will contribute to achieving the overall objectives of the Europe 2020 strategy for smart, sustainable and inclusive growth. They will also allocate a certain amount of financial resources to tackling youth unemployment.

      The review of the EU-Iceland and EU-Norway fish trade protocols led to new concessions being granted to both countries for the period 2014-2021. These concessions essentially constitute a renewal of the concessions that were in place for the period 2009-2014 with:

      • for Iceland, a modest increase in the two tariff quotas;
      • for Norway, a modest increase in the concessions for some tariff lines and a renewal of the previous concessions for other tariff lines. Norway will renew the fish transit arrangement for a seven-year period, starting from date when the new concessions come into provisional application.

      The Agreements and Protocols are to be applied provisionally as of the dates stipulated in their Articles, pending completion of the relevant procedures for their ratification or conclusion and entry into force.

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    • PURPOSE: to conclude (i) the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021, (ii) the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021, (ii) the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway and, (iv) the Additional Protocol to the Agreement between the European Economic Community and Iceland.

      PROPOSED ACT: Council Decision.

      ROLE OF THE EUROPEAN PARLIAMENT: Council may adopt the act only if Parliament has given its consent to the act. 

      BACKGROUND: there remains a need to alleviate economic and social disparities within the European Economic Area (EEA), and a new mechanism for the financial contributions of the EEA EFTA States and a new Norwegian financial mechanism should therefore be established.

      On 7 October 2013, the Council authorised the Commission to open negotiations with Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an agreement on the future financial contributions of the EEA EFTA States to economic and social cohesion in the European Economic Area.

      In parallel, but independently of the negotiations on the financial mechanism, a review of the EU-Iceland and EU-Norway fish trade protocols was opened on the basis of the revision clause of the additional protocols to the Free Trade Agreements with Norway and Iceland.

      The negotiations were concluded at negotiators’ level with the initialling on 17 July 2015 of:

      • the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021;
      • the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021;
      • the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway;
      • the Additional Protocol to the Agreement between the European Economic Community and Iceland.

      CONTENT: with this proposal, the Commission proposes that the Council adopts the attached Decision on the conclusion of the EEA Financial Mechanism Agreement, the Norway Agreement, the Norway Protocol and the Iceland Protocol after obtaining the consent of the European Parliament.

      The EEA Financial Mechanism Agreement and the Norway Agreement will together provide a financial contribution of the EEA EFTA States to the economic and social cohesion in the EEA of EUR 2.8 billion for the period 2014-2021 which will contribute to achieving the overall objectives of the Europe 2020 strategy for smart, sustainable and inclusive growth. They will also allocate a certain amount of financial resources to tackling youth unemployment.

      The review of the EU-Iceland and EU-Norway fish trade protocols led to new concessions being granted to both countries for the period 2014-2021. These concessions essentially constitute a renewal of the concessions that were in place for the period 2009-2014 with:

      • for Iceland, a modest increase in the two tariff quotas;
      • for Norway, a modest increase in the concessions for some tariff lines and a renewal of the previous concessions for other tariff lines. Norway will renew the fish transit arrangement for a seven-year period, starting from date when the new concessions come into provisional application.

      The Agreements and Protocols are to be applied provisionally as of the dates stipulated in their Articles, pending completion of the relevant procedures for their ratification or conclusion and entry into force.

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  • The Committee on International Trade adopted the report by David BORRELLI (EFDD, IT) on the draft Council decision on conclusion of the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021, the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021, the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway, and the Additional Protocol to the Agreement between the European Economic Community and Iceland.

    The committee recommended the European Parliament to give its consent to the conclusion of the agreements and protocols.

    The EEA Financial Mechanism Agreement and the Norway Agreement will together provide a financial contribution of the EEA EFTA States to the economic and social cohesion in the EEA of EUR 2.8 billion for the period 2014-2021. A certain amount of financial resources shall be allocated to tackle youth unemployment. This outcome means an overall increase in the financial contribution of 11.3 % compared to the period 2009-2014.

    The review of the EU-Iceland and EU-Norway fish trade protocols led to new concessions being granted to both countries for the period 2014-2021.

    The rapporteur is in favour of setting up a new mechanism for the financial contributions of the EEA EFTA States and a new Norwegian financial mechanism in view of the continuing need to alleviate the economic and social disparities within the European Economic Area.

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    • PURPOSE: to conclude (i) the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021, (ii) the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021, (ii) the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway and, (iv) the Additional Protocol to the Agreement between the European Economic Community and Iceland.

      PROPOSED ACT: Council Decision.

      ROLE OF THE EUROPEAN PARLIAMENT: Council may adopt the act only if Parliament has given its consent to the act. 

      BACKGROUND: there remains a need to alleviate economic and social disparities within the European Economic Area (EEA), and a new mechanism for the financial contributions of the EEA EFTA States and a new Norwegian financial mechanism should therefore be established.

      On 7 October 2013, the Council authorised the Commission to open negotiations with Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an agreement on the future financial contributions of the EEA EFTA States to economic and social cohesion in the European Economic Area.

      In parallel, but independently of the negotiations on the financial mechanism, a review of the EU-Iceland and EU-Norway fish trade protocols was opened on the basis of the revision clause of the additional protocols to the Free Trade Agreements with Norway and Iceland.

      The negotiations were concluded at negotiators’ level with the initialling on 17 July 2015 of:

      • the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021;
      • the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021;
      • the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway;
      • the Additional Protocol to the Agreement between the European Economic Community and Iceland.

      CONTENT: with this proposal, the Commission proposes that the Council adopts the attached Decision on the conclusion of the EEA Financial Mechanism Agreement, the Norway Agreement, the Norway Protocol and the Iceland Protocol after obtaining the consent of the European Parliament.

      The EEA Financial Mechanism Agreement and the Norway Agreement will together provide a financial contribution of the EEA EFTA States to the economic and social cohesion in the EEA of EUR 2.8 billion for the period 2014-2021 which will contribute to achieving the overall objectives of the Europe 2020 strategy for smart, sustainable and inclusive growth. They will also allocate a certain amount of financial resources to tackling youth unemployment.

      The review of the EU-Iceland and EU-Norway fish trade protocols led to new concessions being granted to both countries for the period 2014-2021. These concessions essentially constitute a renewal of the concessions that were in place for the period 2009-2014 with:

      • for Iceland, a modest increase in the two tariff quotas;
      • for Norway, a modest increase in the concessions for some tariff lines and a renewal of the previous concessions for other tariff lines. Norway will renew the fish transit arrangement for a seven-year period, starting from date when the new concessions come into provisional application.

      The Agreements and Protocols are to be applied provisionally as of the dates stipulated in their Articles, pending completion of the relevant procedures for their ratification or conclusion and entry into force.

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    • PURPOSE: to conclude (i) the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021, (ii) the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021, (ii) the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway and, (iv) the Additional Protocol to the Agreement between the European Economic Community and Iceland.

      PROPOSED ACT: Council Decision.

      ROLE OF THE EUROPEAN PARLIAMENT: Council may adopt the act only if Parliament has given its consent to the act. 

      BACKGROUND: there remains a need to alleviate economic and social disparities within the European Economic Area (EEA), and a new mechanism for the financial contributions of the EEA EFTA States and a new Norwegian financial mechanism should therefore be established.

      On 7 October 2013, the Council authorised the Commission to open negotiations with Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an agreement on the future financial contributions of the EEA EFTA States to economic and social cohesion in the European Economic Area.

      In parallel, but independently of the negotiations on the financial mechanism, a review of the EU-Iceland and EU-Norway fish trade protocols was opened on the basis of the revision clause of the additional protocols to the Free Trade Agreements with Norway and Iceland.

      The negotiations were concluded at negotiators’ level with the initialling on 17 July 2015 of:

      • the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021;
      • the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021;
      • the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway;
      • the Additional Protocol to the Agreement between the European Economic Community and Iceland.

      CONTENT: with this proposal, the Commission proposes that the Council adopts the attached Decision on the conclusion of the EEA Financial Mechanism Agreement, the Norway Agreement, the Norway Protocol and the Iceland Protocol after obtaining the consent of the European Parliament.

      The EEA Financial Mechanism Agreement and the Norway Agreement will together provide a financial contribution of the EEA EFTA States to the economic and social cohesion in the EEA of EUR 2.8 billion for the period 2014-2021 which will contribute to achieving the overall objectives of the Europe 2020 strategy for smart, sustainable and inclusive growth. They will also allocate a certain amount of financial resources to tackling youth unemployment.

      The review of the EU-Iceland and EU-Norway fish trade protocols led to new concessions being granted to both countries for the period 2014-2021. These concessions essentially constitute a renewal of the concessions that were in place for the period 2009-2014 with:

      • for Iceland, a modest increase in the two tariff quotas;
      • for Norway, a modest increase in the concessions for some tariff lines and a renewal of the previous concessions for other tariff lines. Norway will renew the fish transit arrangement for a seven-year period, starting from date when the new concessions come into provisional application.

      The Agreements and Protocols are to be applied provisionally as of the dates stipulated in their Articles, pending completion of the relevant procedures for their ratification or conclusion and entry into force.

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    • PURPOSE: to conclude (i) the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021, (ii) the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021, (ii) the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway and, (iv) the Additional Protocol to the Agreement between the European Economic Community and Iceland.

      PROPOSED ACT: Council Decision.

      ROLE OF THE EUROPEAN PARLIAMENT: Council may adopt the act only if Parliament has given its consent to the act. 

      BACKGROUND: there remains a need to alleviate economic and social disparities within the European Economic Area (EEA), and a new mechanism for the financial contributions of the EEA EFTA States and a new Norwegian financial mechanism should therefore be established.

      On 7 October 2013, the Council authorised the Commission to open negotiations with Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an agreement on the future financial contributions of the EEA EFTA States to economic and social cohesion in the European Economic Area.

      In parallel, but independently of the negotiations on the financial mechanism, a review of the EU-Iceland and EU-Norway fish trade protocols was opened on the basis of the revision clause of the additional protocols to the Free Trade Agreements with Norway and Iceland.

      The negotiations were concluded at negotiators’ level with the initialling on 17 July 2015 of:

      • the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021;
      • the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021;
      • the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway;
      • the Additional Protocol to the Agreement between the European Economic Community and Iceland.

      CONTENT: with this proposal, the Commission proposes that the Council adopts the attached Decision on the conclusion of the EEA Financial Mechanism Agreement, the Norway Agreement, the Norway Protocol and the Iceland Protocol after obtaining the consent of the European Parliament.

      The EEA Financial Mechanism Agreement and the Norway Agreement will together provide a financial contribution of the EEA EFTA States to the economic and social cohesion in the EEA of EUR 2.8 billion for the period 2014-2021 which will contribute to achieving the overall objectives of the Europe 2020 strategy for smart, sustainable and inclusive growth. They will also allocate a certain amount of financial resources to tackling youth unemployment.

      The review of the EU-Iceland and EU-Norway fish trade protocols led to new concessions being granted to both countries for the period 2014-2021. These concessions essentially constitute a renewal of the concessions that were in place for the period 2009-2014 with:

      • for Iceland, a modest increase in the two tariff quotas;
      • for Norway, a modest increase in the concessions for some tariff lines and a renewal of the previous concessions for other tariff lines. Norway will renew the fish transit arrangement for a seven-year period, starting from date when the new concessions come into provisional application.

      The Agreements and Protocols are to be applied provisionally as of the dates stipulated in their Articles, pending completion of the relevant procedures for their ratification or conclusion and entry into force.

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    • PURPOSE: to conclude (i) the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021, (ii) the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021, (ii) the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway and, (iv) the Additional Protocol to the Agreement between the European Economic Community and Iceland.

      PROPOSED ACT: Council Decision.

      ROLE OF THE EUROPEAN PARLIAMENT: Council may adopt the act only if Parliament has given its consent to the act. 

      BACKGROUND: there remains a need to alleviate economic and social disparities within the European Economic Area (EEA), and a new mechanism for the financial contributions of the EEA EFTA States and a new Norwegian financial mechanism should therefore be established.

      On 7 October 2013, the Council authorised the Commission to open negotiations with Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an agreement on the future financial contributions of the EEA EFTA States to economic and social cohesion in the European Economic Area.

      In parallel, but independently of the negotiations on the financial mechanism, a review of the EU-Iceland and EU-Norway fish trade protocols was opened on the basis of the revision clause of the additional protocols to the Free Trade Agreements with Norway and Iceland.

      The negotiations were concluded at negotiators’ level with the initialling on 17 July 2015 of:

      • the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021;
      • the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021;
      • the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway;
      • the Additional Protocol to the Agreement between the European Economic Community and Iceland.

      CONTENT: with this proposal, the Commission proposes that the Council adopts the attached Decision on the conclusion of the EEA Financial Mechanism Agreement, the Norway Agreement, the Norway Protocol and the Iceland Protocol after obtaining the consent of the European Parliament.

      The EEA Financial Mechanism Agreement and the Norway Agreement will together provide a financial contribution of the EEA EFTA States to the economic and social cohesion in the EEA of EUR 2.8 billion for the period 2014-2021 which will contribute to achieving the overall objectives of the Europe 2020 strategy for smart, sustainable and inclusive growth. They will also allocate a certain amount of financial resources to tackling youth unemployment.

      The review of the EU-Iceland and EU-Norway fish trade protocols led to new concessions being granted to both countries for the period 2014-2021. These concessions essentially constitute a renewal of the concessions that were in place for the period 2009-2014 with:

      • for Iceland, a modest increase in the two tariff quotas;
      • for Norway, a modest increase in the concessions for some tariff lines and a renewal of the previous concessions for other tariff lines. Norway will renew the fish transit arrangement for a seven-year period, starting from date when the new concessions come into provisional application.

      The Agreements and Protocols are to be applied provisionally as of the dates stipulated in their Articles, pending completion of the relevant procedures for their ratification or conclusion and entry into force.

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  • PURPOSE: to conclude: (i) the Agreement between the European Union, Iceland, Liechtenstein and Norway on an EEA Financial Mechanism 2014-2021, (ii) the Agreement between Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021, (ii) the Additional Protocol to the Agreement between the European Economic Community and Norway and, (iv) the Additional Protocol to the Agreement between the European Economic Community and Iceland.

    PROPOSED 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 alleviation of economic and social disparities within the European Economic Area remains necessary.

    In view of that, a new mechanism for the financial contributions of the EEA EFTA States and a new Norwegian financial mechanism should be established.

    On 7 October 2013, the Council authorised the Commission to open negotiations with Iceland, Liechtenstein and Norway on an agreement on the future financial contributions of the EEA EFTA States to economic and social cohesion in the European Economic Area.

    The EEA Financial Mechanism (2014-2021) and the Norway Grants (2014-2021) will contribute to achieving the overall objectives of the Europe 2020 strategy for smart, sustainable and inclusive growth.

    The replacement of the existing financial mechanisms by new mechanisms, which relate to different time periods, different amounts of funds, and different implementing provisions, as well as the renewal and extension of the concessions relating to certain fish and fisheries products, taken as a whole, constitute an important development of the association with the EEA EFTA States, which justifies the recourse to Article 217 of the TFEU (legal basis for the conclusion of an association agreement).

    In this context:

    • the Agreement between the EU, Iceland, Liechtenstein and Norway on an EEA Financial Mechanism 2014-2021;
    • the Agreement between Norway and the EU on a Norwegian Financial Mechanism for the period 2014-2021;
    • the Additional Protocol to the Agreement between the European Economic Community and Norway, and the Additional Protocol to the Agreement between the European Economic Community and Iceland were all signed in Brussels.

    It is now necessary to approve those Agreements and Protocols on behalf of the Union.

    CONTENT: with this proposal, the Council is called upon to adopt the Decision on the conclusion of the EEA Financial Mechanism Agreement, the Norway Agreement, the Norway Protocol and the Iceland Protocol after obtaining the consent of the European Parliament.

    The EEA Financial Mechanism Agreement and the Norway Agreement will together provide a financial contribution of the EEA EFTA States to the economic and social cohesion in the EEA of EUR 2.8 billion for the period 2014-2021.

    For further details on the main issues of the proposal, please refer to the summary of the Commission’s initial legislative proposal from 23.2.2016.

    The Agreements and Protocols are to be applied provisionally as of the dates stipulated in their Articles, pending completion of the relevant procedures for their ratification or conclusion and entry into force.

activities/0/docs/0/text
  • PURPOSE: to conclude (i) the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021, (ii) the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021, (ii) the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway and, (iv) the Additional Protocol to the Agreement between the European Economic Community and Iceland.

    PROPOSED ACT: Council Decision.

    ROLE OF THE EUROPEAN PARLIAMENT: Council may adopt the act only if Parliament has given its consent to the act. 

    BACKGROUND: there remains a need to alleviate economic and social disparities within the European Economic Area (EEA), and a new mechanism for the financial contributions of the EEA EFTA States and a new Norwegian financial mechanism should therefore be established.

    On 7 October 2013, the Council authorised the Commission to open negotiations with Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an agreement on the future financial contributions of the EEA EFTA States to economic and social cohesion in the European Economic Area.

    In parallel, but independently of the negotiations on the financial mechanism, a review of the EU-Iceland and EU-Norway fish trade protocols was opened on the basis of the revision clause of the additional protocols to the Free Trade Agreements with Norway and Iceland.

    The negotiations were concluded at negotiators’ level with the initialling on 17 July 2015 of:

    • the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021;
    • the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021;
    • the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway;
    • the Additional Protocol to the Agreement between the European Economic Community and Iceland.

    CONTENT: with this proposal, the Commission proposes that the Council adopts the attached Decision on the conclusion of the EEA Financial Mechanism Agreement, the Norway Agreement, the Norway Protocol and the Iceland Protocol after obtaining the consent of the European Parliament.

    The EEA Financial Mechanism Agreement and the Norway Agreement will together provide a financial contribution of the EEA EFTA States to the economic and social cohesion in the EEA of EUR 2.8 billion for the period 2014-2021 which will contribute to achieving the overall objectives of the Europe 2020 strategy for smart, sustainable and inclusive growth. They will also allocate a certain amount of financial resources to tackling youth unemployment.

    The review of the EU-Iceland and EU-Norway fish trade protocols led to new concessions being granted to both countries for the period 2014-2021. These concessions essentially constitute a renewal of the concessions that were in place for the period 2009-2014 with:

    • for Iceland, a modest increase in the two tariff quotas;
    • for Norway, a modest increase in the concessions for some tariff lines and a renewal of the previous concessions for other tariff lines. Norway will renew the fish transit arrangement for a seven-year period, starting from date when the new concessions come into provisional application.

    The Agreements and Protocols are to be applied provisionally as of the dates stipulated in their Articles, pending completion of the relevant procedures for their ratification or conclusion and entry into force.

activities/0/docs/0/text
  • PURPOSE: to conclude (i) the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021, (ii) the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021, (ii) the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway and, (iv) the Additional Protocol to the Agreement between the European Economic Community and Iceland.

    PROPOSED ACT: Council Decision.

    ROLE OF THE EUROPEAN PARLIAMENT: Council may adopt the act only if Parliament has given its consent to the act. 

    BACKGROUND: there remains a need to alleviate economic and social disparities within the European Economic Area (EEA), and a new mechanism for the financial contributions of the EEA EFTA States and a new Norwegian financial mechanism should therefore be established.

    On 7 October 2013, the Council authorised the Commission to open negotiations with Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an agreement on the future financial contributions of the EEA EFTA States to economic and social cohesion in the European Economic Area.

    In parallel, but independently of the negotiations on the financial mechanism, a review of the EU-Iceland and EU-Norway fish trade protocols was opened on the basis of the revision clause of the additional protocols to the Free Trade Agreements with Norway and Iceland.

    The negotiations were concluded at negotiators’ level with the initialling on 17 July 2015 of:

    • the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021;
    • the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021;
    • the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway;
    • the Additional Protocol to the Agreement between the European Economic Community and Iceland.

    CONTENT: with this proposal, the Commission proposes that the Council adopts the attached Decision on the conclusion of the EEA Financial Mechanism Agreement, the Norway Agreement, the Norway Protocol and the Iceland Protocol after obtaining the consent of the European Parliament.

    The EEA Financial Mechanism Agreement and the Norway Agreement will together provide a financial contribution of the EEA EFTA States to the economic and social cohesion in the EEA of EUR 2.8 billion for the period 2014-2021 which will contribute to achieving the overall objectives of the Europe 2020 strategy for smart, sustainable and inclusive growth. They will also allocate a certain amount of financial resources to tackling youth unemployment.

    The review of the EU-Iceland and EU-Norway fish trade protocols led to new concessions being granted to both countries for the period 2014-2021. These concessions essentially constitute a renewal of the concessions that were in place for the period 2009-2014 with:

    • for Iceland, a modest increase in the two tariff quotas;
    • for Norway, a modest increase in the concessions for some tariff lines and a renewal of the previous concessions for other tariff lines. Norway will renew the fish transit arrangement for a seven-year period, starting from date when the new concessions come into provisional application.

    The Agreements and Protocols are to be applied provisionally as of the dates stipulated in their Articles, pending completion of the relevant procedures for their ratification or conclusion and entry into force.

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Vote scheduled in committee, 1st reading/single reading
activities/0/docs/0/text
  • PURPOSE: to conclude (i) the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021, (ii) the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021, (ii) the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway and, (iv) the Additional Protocol to the Agreement between the European Economic Community and Iceland.

    PROPOSED ACT: Council Decision.

    ROLE OF THE EUROPEAN PARLIAMENT: Council may adopt the act only if Parliament has given its consent to the act. 

    BACKGROUND: there remains a need to alleviate economic and social disparities within the European Economic Area (EEA), and a new mechanism for the financial contributions of the EEA EFTA States and a new Norwegian financial mechanism should therefore be established.

    On 7 October 2013, the Council authorised the Commission to open negotiations with Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an agreement on the future financial contributions of the EEA EFTA States to economic and social cohesion in the European Economic Area.

    In parallel, but independently of the negotiations on the financial mechanism, a review of the EU-Iceland and EU-Norway fish trade protocols was opened on the basis of the revision clause of the additional protocols to the Free Trade Agreements with Norway and Iceland.

    The negotiations were concluded at negotiators’ level with the initialling on 17 July 2015 of:

    • the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021;
    • the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2014-2021;
    • the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway;
    • the Additional Protocol to the Agreement between the European Economic Community and Iceland.

    CONTENT: with this proposal, the Commission proposes that the Council adopts the attached Decision on the conclusion of the EEA Financial Mechanism Agreement, the Norway Agreement, the Norway Protocol and the Iceland Protocol after obtaining the consent of the European Parliament.

    The EEA Financial Mechanism Agreement and the Norway Agreement will together provide a financial contribution of the EEA EFTA States to the economic and social cohesion in the EEA of EUR 2.8 billion for the period 2014-2021 which will contribute to achieving the overall objectives of the Europe 2020 strategy for smart, sustainable and inclusive growth. They will also allocate a certain amount of financial resources to tackling youth unemployment.

    The review of the EU-Iceland and EU-Norway fish trade protocols led to new concessions being granted to both countries for the period 2014-2021. These concessions essentially constitute a renewal of the concessions that were in place for the period 2009-2014 with:

    • for Iceland, a modest increase in the two tariff quotas;
    • for Norway, a modest increase in the concessions for some tariff lines and a renewal of the previous concessions for other tariff lines. Norway will renew the fish transit arrangement for a seven-year period, starting from date when the new concessions come into provisional application.

    The Agreements and Protocols are to be applied provisionally as of the dates stipulated in their Articles, pending completion of the relevant procedures for their ratification or conclusion and entry into force.

committees/0/date
2016-03-15T00:00:00
committees/0/rapporteur
  • group
    EFD
    name
    BORRELLI David
activities
  • date
    2016-02-23T00:00:00
    docs
    • url
      http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/com/2016/0086/COM_COM(2016)0086(ANN)_EN.pdf
      title
      COM(2016)0086
      type
      Legislative proposal published
      celexid
      CELEX:52016PC0086:EN
    body
    EC
    type
    Legislative proposal published
    commission
    • DG
      Commissioner
      MOSCOVICI Pierre
committees
  • body
    EP
    responsible
    True
    committee_full
    International Trade
    committee
    INTA
  • body
    EP
    responsible
    False
    committee_full
    Regional Development
    committee
    REGI
links
other
  • body
    EC
    dg
    commissioner
    MOSCOVICI Pierre
procedure
legal_basis
reference
2016/0052(NLE)
title
EU/Iceland/Liechtenstein/Norway Agreement: EEA financial mechanism 2014-2021; Norway/EU Agreement: Norwegian financial mechanism 2014-2021; additional Protocol to EEC/Norway Agreement; additional Protocol to EEC/Iceland Agreement
geographical_area
stage_reached
Preparatory phase in Parliament
subtype
Consent by Parliament
type
NLE - Non-legislative enactments
subject
  • 6.40.01 Relations with EEA/EFTA countries