The Republic of Marshall Islands (RMI) joined the African Caribbean Pacific group in 2000. Under the Cotonou Agreement, about €11.45m have been provided under the 9th and 10th European Development Fund (EDF) - almost entirely for sustainable energy, but also for disaster preparedness.
The EU's political dialogue with the Marshall Islands focuses on:
The EU and the Marshall Islands are discussing how to collaborate more closely in multilateral fora on these and other issues.
Under the 10th EDF (2008–13), RMI and the European Union signed a new Country Strategy Paper with a total budget of €5.8m. The main focus areas for EU assistance and cooperation are:
outer-island development – improving infrastructure and secure access to energy and clean water
The EU acknowledges the serious threat climate change poses to RMI in view of its low-lying terrain and encourages the country's efforts to conserve its environment. In addition, the EU is ready to assist RMI to become eligible for Budget Support as a possible financing option.