FINANCING INSTRUMENT FOR DEVELOPMENT COOPERATION
(DCI)
Letter from the Chairman to Rt Hon Hilary
Benn MP, Secretary of State for International Development, Department
for International Development
Thank you for your explanatory memorandum dated
6 October 2006 which Sub-Committee C considered at its meeting
on 12 October. The Sub-Committee recommended that the document
be cleared from scrutiny and the document was cleared by myself
this afternoon.
The final text of this regulation was only received
by your department at a late stage, therefore we recognise that
little time was available for scrutiny. However, we stress that
we are often prepared to scrutinise draft texts, if necessary
with further updates should the text of documents change significantly
during the course of negotiations.
We would also like to empathise the need for
careful preparation of explanatory memoranda, noting that paragraph
seven of your explanatory memorandum refers to figures in millions
of euros when they should be given in billions.
12 October 2006
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