IED-ASEAN - Presentation

EC and EuropeAid Co-operation Office

The European Union (EU) is a family of democratic European countries, committed to working together for peace and prosperity. It is not a State intended to replace existing states, but it is more than any other international organisation. The EU is, in fact, unique. Its Member States have set up common institutions to which they delegate some of their sovereignty so that decisions on specific matters of joint interest can be made democratically at European level.

As part of its efforts to reform the management of external aid the Commission formally set up the EuropeAid Co-operation Office on 1 January 2001.

EuropeAid Co-operation Office's mission is to implement the external aid instruments of the European Commission which are funded by the European Community budget and the European Development Fund. It does not deal with pre-accession aid programmes (Phare, Ispa and Sapard), humanitarian activities, macro-financial assistance, the Common Foreign and Security Policy (CFSP) or the Rapid Reaction Facility.

The Office is responsible for all phases of the project cycle (identification and appraisal of projects and programmes, preparation of financing decisions, implementation and monitoring, evaluation of projects and programmes) which ensures the achievement of the objectives of the programmes established by the Directorates-General for External Relations and Development and approved by the Commission.

In a wider context EuropeAid manages funds as part of the Commission's external assistance. External assistance is central to the EU's role in the world. By pooling their resources in the EC budget for this common purpose, EU Member States have shown their commitment to a Union defined by the values of external assistance. In turn, the Commission strives to reinforce the impact of such assistance, by increasing the coherence between the EU's external assistance and its other policies.

EuropeAid ensures that Community aid is implemented effectively, whilst providing high standards of quality and speed in the design and implementation of projects. It is responsible for setting up mechanisms to promote sound financial management, consistency and transparency in the contract award procedures while continuing to simplify and rationalise external aid management procedures.


IED - ASEAN