Community policy on development co–operation is aimed at complementing the development policies pursued by the Member States. Its main objectives are the sustainable economic and social development of developing countries, in particular that of the most disadvantaged amongst them, as well as the smooth and gradual integration of developing countries into the world economy and the eradication of poverty in those countries. At the same time, Community policy on development co–operation is aimed at reinforcing democracy and the rule of law, and promoting respect for human rights and fundamental freedoms.

The Council enacts legislation in this field by qualified majority and in co–decision with the European Parliament.

The main emphasis in Community development co–operation policy is on co–operation with African, Caribbean and Pacific (ACP) States. The ACP–EC Partnership Agreement, signed at Cotonou in 2000, sets out the framework for the Community's trade relations and development co–operation with these countries.

The European Union (Community and Member States) is the world's largest provider of development aid. Community aid is administered by the Commission, and is funded either through the Community budget or through the European Development Fund, a special fund dedicated to development in the ACP States. The EU is also the leading partner of many developing countries in terms of trade and direct investments.

Development Cooperation Trio Programme (pdf)