The EU programme of cooperation supports Sri Lanka's development strategy.
Assistance from the EU Budget is managed by the European Commission (EC), through the EU Delegation to Sri Lanka and Maldives in Colombo. Based on the EU Development Cooperation instrument (DCI) and in line with government priorities, Multiannual Indicative Programmes (MIPs) are drafted in consultation with the relevant national entities and formally agreed with the Government. MIPs are implemented through Annual Action Programmes (AAPs) and subsequently through Financing Agreements signed between Government and the EU, which set out the technical aspects and implementation modalities of specific actions.
The current MIP defined EU interventions in one focal sector – integrated rural development. In addition to receiving bilateral assistance, Sri Lanka is the recipient of EU funds under regional programmes for Asia, in particular Aid for Uprooted People, as well as thematic programmes such as Non-State Actors, CSO-LAs, the European Instrument for Democracy and Human Rights and the Instrument contributing to Stability and Peace.