The Standing Committee and the EEA Joint Committee met in Brussels on 31 May. At the Joint Committee meeting, 20 joint committee decisions (JCDs) were adopted incorporating 40 EU legal acts into the EEA Agreement, including a package of 22 level 2 acts related to the European Market Infrastructure Regulation (EMIR) that was incorporated into the Agreement in 2017.
The incorporation of the EMIR package is the result of extensive efforts over recent months by both the EFTA and EU sides to reduce the high number of legal acts awaiting incorporation in the field of financial services.
The EEA EFTA Chair, Ambassador Bergdís Ellertsdóttir said the following:
“We continue to see a reduction in the backlog. This is of course positive, and we aim at sustaining this trend. What is particularly noteworthy as mentioned in the EEA Council last week, is that since last summer we have seen a 30% reduction of acts outside the field of financial services. Financial services still constitute more than half of all pending acts. It is therefore essential to continue the good dialogue and collaboration we have established among us on these issues. Today we are particularly pleased that we have finally been able to incorporate the package on EMIR constituting 22 acts into the EEA Agreement.”
#EEA Joint Committee meets @eu_eeas incorporating 40 legal acts into the #EEAagreement, incl. 22 of the EMIR package.. @BEllertsdottir @sletnes @MFA_LI @IcelandMission @NorwayEU @BenteAngellH @eftasurv pic.twitter.com/sisrMdPVbB— EFTA Secretariat (@EFTAsecretariat) May 31, 2018
During the EEA Joint Committee meeting, Mr Jérémie Viailly, Budget Officer in the MFF unit in DG Budget, European Commission, provided a briefing on the new proposal for the Multiannual Financial Framework for 2021-2027.
The proposal suggests doubling the size of the Erasmus+ programme, in addition to increasing investment in research and innovation by 50 %, including the flagship programme Horizon Europe, in which the EEA EFTA States currently participates.
Influencing EEA legislation
During the Standing Committee meeting, discussions on decision shaping took place, as the Secretariat will organise a workshop on how to influence EEA legislation on 14 June 2018. Decision shaping is the phase of preparatory work undertaken by the European Commission to draw up new legislative proposals. The EEA Agreement contains provisions for input from the EEA EFTA side at various stages before new legislation is adopted. One of the ways in which the EEA EFTA States participate in shaping EU legislation is by submitting comments on important policy issues.
The internal workshop will give an opportunity for EFTA experts to share experiences and have a dialogue with external speakers from the European Commission, European Parliament, European External Action Service in addition to people experienced in advocacy.
The EEA Joint Committee is responsible for the day-to-day management of the EEA Agreement. It provides a forum for the EEA EFTA States and the EU to exchange views and take decisions by consensus to incorporate EU legislation into the EEA Agreement.
Find high resolution photos from the meetings here.
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