Translation of "Accord d'assistance financière " (French → English) :

Pursuant to Article 122(2) of the Treaty on the Functioning of the European Union which provides for the possibility of granting Union financial assistance to a Member State in difficulties or seriously threatened with severe difficulties caused, inter alia, by exceptional occurrences beyond its control, Council Regulation (EU) No 407/2010 established a European financial stabilisation mechanism with a view to preserving the financial stability of the Union.

Based on Article 122(2) of the Treaty on the Functioning of the European Union, which provides for the possibility of granting Union financial assistance to a Member State in difficulties or seriously threatened with severe difficulties caused by exceptional occurrences beyond its control, Council Regulation (EU) No 407/2010 of 11 May 2010 establishing a European financial stabilisation mechanism established such mechanism with a view to preserving the financial stability of the Union.

Pursuant to Article 122(2) of the Treaty on the Functioning of the European Union which provides for the possibility of granting Union financial assistance to a Member State in difficulties or seriously threatened with severe difficulties caused by exceptional occurrences beyond its control, Council Regulation (EU) No 407/2010 of 11 May 2010 establishing a European financial stabilisation mechanism established such a mechanism with a view to preserving the financial stability of the Union.

16. Recalls that, in its resolution of 21 September 2010 on poverty reduction and job creation in developing countries: the way forward, it emphasised that the EU should not hesitate to apply sanctions when countries fail to respect their governance and human rights obligations under trade agreements, asked the EU authorities to ensure scrupulous respect for the principle of conditionality, as stipulated in the Cotonou Agreement, and emphasised that the same conditionality criteria should apply to the provision of support under both the European Development Fund (EDF) and the Financing Instrument for Development Cooperation (DCI); stresses that similar conditionality criteria also should apply to EU ...[+++]assistance other than development assistance and humanitarian aid, including the macro-financial aid provided via IMF loans, as well as lending operations by the EIB and EBRD programmes, and that such assistance should be based on partnership, shared objectives and values and allegiance and should be able to fulfil the expectations of both the donor and the beneficiary; stresses, further, that the active support from the EU to beneficiary countries should be effective and results-oriented and that the EU's core values should be respected; asks the VP/HR and the Commission to pursue the objective of allegiance to the EU and its core values when shaping the architecture of EU financial assistance and in bilateral relations with countries which are beneficiaries of such assistance; believes that a process of reflection should be started at EU level on the bases of and scope for the application of conditionality criteria to EU financial assistance;

16. Recalls that, in its resolution of 21 September 2010 on poverty reduction and job creation in developing countries: the way forward, it emphasised that the EU should not hesitate to apply sanctions when countries fail to respect their governance and human rights obligations under trade agreements, asked the EU authorities to ensure scrupulous respect for the principle of conditionality, as stipulated in the Cotonou Agreement, and emphasised that the same conditionality criteria should apply to the provision of support under both the European Development Fund (EDF) and the Financing Instrument for Development Cooperation (DCI); stresses that similar conditionality criteria also should apply to EU ...[+++]assistance other than development assistance and humanitarian aid, including the macro-financial aid provided via IMF loans, as well as lending operations by the EIB and EBRD programmes, and that such assistance should be based on partnership, shared objectives and values and allegiance and should be able to fulfil the expectations of both the donor and the beneficiary; stresses, further, that the active support from the EU to beneficiary countries should be effective and results-oriented and that the EU's core values should be respected; asks the VP/HR and the Commission to pursue the objective of allegiance to the EU and its core values when shaping the architecture of EU financial assistance and in bilateral relations with countries which are beneficiaries of such assistance; believes that a process of reflection should be started at EU level on the bases of and scope for the application of conditionality criteria to EU financial assistance;

In order to achieve the objectives of this Agreement and in accordance with Articles 74, 75 and 76, the Republic of Tajikistan shall be eligible for temporary financial assistance from the Community by way of technical assistance grants.