EU Financial Cooperation with Jordan
The EU dedicates considerable financial resources to support Jordan's National Agenda and to ensure the best results for its partnership with Jordan, in terms of political, economic and overall social and legal reform.
The EU also works closely with Jordanian authorities and civil society organizations in Jordan to ensure the efficiency and effectiveness of technical and financial cooperation with Jordan. Since 1995, assistance provided by the EU has mounted to over €500 million. Main priorities include:
- Support to Jordan's reform in the area of democracy, human rights, media and justice
- Trade, enterprise and investment development
- Sustainability of the growth process, including human resource development and the development of new or alternative energy sources.
The European Neighbourhood and Partnership Instrument (ENPI) 2007-2010 currently forms the basis of the Union's financial cooperation with Jordan, which focuses on political reform and good governance, trade and investment development, sustainability of the development process, and institution building, financial stability and support to regulatory approximation.
For the period 2011-2013, the EU proposed to allocate €223 million under the ENPI bilateral envelope. This is an average of €74.33 million a year, which represents an increase of over 12% from the ENPI for the period 2007-2010.
"Advanced status" partnership means closer cooperation in a large number of areas, and opens the way for further negotiations in relation to financial cooperation.