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EU Presidency Declaration on launching of International Compact with Iraq

Summary: EU Presidency Declaration on launching of International Compact with Iraq (3 May 2007: Brussels)

The European Union warmly welcomes the launching of the International Compact with Iraq in Sharm El Sheikh on 3 May 2007. It reaffirms its strong support for the democratically-elected Government of Iraq and the Iraqi people in the challenging circumstances facing the country, and for their efforts to bring peace, security, stability and prosperity to an independent, unified, democratic, federal and sovereign Iraq founded on the principles of freedom and equality. It encourages the Iraqi Government to continue its efforts to promote national reconciliation, rule of law and restoration of public order, and reiterates its support for these efforts. It notes the responsibility of the international community, and in particular the States in the region, to support and promote these efforts.

It commends the Iraqi Government for the ambitious commitments it has made in this Compact for promoting reforms in political, security, economic and social fields and underlines its appreciation for the assistance by the UN to Iraq in the Compact process. The implementation of these commitments will be central in developing cooperation between Iraq and all its international partners. Progress towards these targets will help to further enhance the EU's engagement with Iraq. The EU reaffirms its strong support for a central role of the UN in Iraq.

The EU is ready to continue to develop a close co-operation and partnership with Iraq in accordance with the priorities indicated in the International Compact and Iraq's National Development Strategy. Our main objective is to help Iraq implement the ambitious programme set out in the Compact and ensure that all Iraqis can benefit from Iraq's resources. The EU underlines the importance it attaches to Iraqi leadership, ownership and inclusiveness of the Compact process, and to the broad involvement of the international community, including the active participation of Iraq's neighbours and partners in the region.

The EU warmly welcomes the opening of negotiations on a Trade and Cooperation Agreement between the EU and Iraq and looks forward to timely continuation of these negotiations and the establishment of a close contractual relationship.

With reference to the Compact priorities the EU intends to:

The overall financial assistance by the European Community and EU Member States since 2003 has amounted to 14.2 billion euros (including grants, debt relief and loans). European financial assistance in 2007 is anticipated to reach 1.8 billion euros (including grants, debt relief and loans).

The EU looks forward to close cooperation with the Iraqi Government and its international partners in advancing the Government’s programme based on the commitments made.

  • Ref: CL07-116EN
  • EU source: Council
  • UN forum: 
  • Date: 3/5/2007

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European Union Member States