2007 Onwards

2007 Onwards

From 2007 onwards, EU is channeling its pre-accession funding through one single instrument called the Instrument for Pre-Accession Assistance (IPA).

This new instrument is drawn from the European Commission's experience with previous enlargements and the needs of candidate and potential candidate countries.

IPA's aim is to be a bridge between external assistance and internal policies.

IPA objectives are the following:

  • Support Turkey in its bid for membership, including the necessary economic, political and social reforms
  • Help prepare the country for the management of structural funds

As a consequence IPA also:

  • Readies Turkey for multi-annual planning
  • Supports Turkey in sound financial management of EU funds

IPA will provide countries seeking EU membership with a total amount of  € 11.5  billion in the seven-year term from 2007 onwards.

The preliminary EC draft budget for 2007 envisages that Turkey could get over € 2 billion for the first four years of IPA (2007-2010).

IPA's five components are:

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