Council of the European Union and European Parliament 24 October 2006, Regulation (EC) No 1638/2006 of the European Parliament and of the Council of 24 October 2006 laying down general provisions establishing a European Neighbourhood and Partnership Instrument

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Regulation (EC) No 1638/2006 establishes the European Neighbourhood and Partnership Instrument to enhance cooperation and economic integration between the European Union and its partner countries, promoting shared values such as democracy and human rights. Key provisions include support for political dialogue, economic development, and cross-border cooperation, while ensuring compliance with international agreements. The regulation outlines a financial framework for the period 2007 to 2013, emphasizing the importance of coherent and coordinated assistance efforts across the EU and its neighboring regions.AI