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Foreign Minister Urmas Paet to Discuss New European Union Financial Framework With Colleagues

25.06.2012

No. 181-E

Foreign Minister Urmas Paet will discuss the EU’s new financial framework with his colleagues during a meeting of the foreign and European affairs ministers of the European Union in Luxembourg.

The EU ministers of foreign and European affairs will discuss the EU’s next financial framework for the last time prior to the European Council taking place from 28-29 June, where the topic will be discussed by the heads of state and government for the first time. The current European Union presidency Denmark drafted the negotiating box. “The negotiating box contains various choices and alternatives that the member states must agree on in order for the financial framework to be accepted,” explained Foreign Minister Urmas Paet. “Estonia is in favour of adding the topics of equalising direct agricultural supports more quickly and the eligibility of non-refunded VAT to the box. It is also essential for Estonia that in cohesion policy we achieve an exception to the 2.5% cap on the percentage of GDP that can be received in cohesion policy funds,” he added.

The ministers will also discuss opening accession negotiations with Montenegro and establishing a deadline for negotiations. Foreign Minister Urmas Paet said that Estonia supports opening accession negotiations with Montenegro. “Montenegro has fulfilled the necessary criteria for it and the countries that have made progress should be allowed to move forward with integration,” said Paet.

Tonight Foreign Minister Urmas Paet will participate in a meeting of the foreign ministers of the European Union and Persian Gulf Co-operation Council countries, where topics of discussion will be relations among the countries and issues related to piracy. The members of the Persian Gulf Co-operation Council are Saudi Arabia, Oman, Bahrain, Kuwait, Qatar, and the United Arab Emirates.

Additional information:
Helen Ennok, press spokesperson, Estonia’s Permanent Representation to the EU
+32 474 98 16 57

SPOKESPERSON’S OFFICE
+372 637 7654
pressitalitus@mfa.ee
www.vm.ee

 

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