In June 2013, the European Union countries reached an internal agreement on the creation of the 11th EDF, including the revised allocation of contributions between them; this internal agreement has yet to be ratified. The Council`s 2013/759/EU decision establishes transitional measures for the management of the EDF until the 11th EDF comes into force. Under the new agreement, the EU can be more selective and flexible in allocating and using its development resources. Endowments are based on an assessment of a country`s needs and performance and include the ability to regularly adjust financial resources. In practice, this means that more money can be paid to “good interpreters” and that the proportion of “bad interpreters” can be reduced. Thanks to the flexibility of the Cotonou agreement, the 10th EDF allows the EU to transfer more aid (“incentive amounts”) to countries that improve their governance, including financial, fiscal and legal systems.  While some 10th EDF funds have been allocated to unforeseen needs (for example. B, humanitarian aid and emergency aid or FLEX compensation), most are scheduled in the multi-year framework 2008-2013.  The 11th EDF`s programming began in the first half of 2012, which will be attended for the first time by the European External Action Service and the European Commission for Geographical Programmes. At the beginning of 2012, most of the details of the programming process were contained in internal documents addressed to the European institutions, but an independent analysis and description of the process was provided by the Independent Foundation, the European Centre for Development Policy Management (ECDPM).  Perhaps the most radical amendment introduced by the Cotonou Agreement concerns trade cooperation.
Since the first Lomé Convention in 1975, the EU has not granted reciprocal trade preferences to ACP countries. However, under the Cotonou Agreement, this system has been replaced by the Economic Partnership Agreements (EPAs), a new regime that came into force in 2008. The new regime provides for reciprocal trade agreements, which means that not only does the EU grant duty-free access to its ACP export markets, but also that ACP countries grant duty-free access to their own markets for EU exports. Each EDF is closed for a period of several years. Since the conclusion of the first partnership agreement in 1964, EDF cycles have generally complied with partnership/convention cycles. On 9 December 2010, the Council adopted conclusions on mutual responsibility and transparency: a fourth chapter of the EU operational framework for the effectiveness of development aid. These conclusions have been added to the consolidated text of the operational framework for aid effectiveness, which confirmed the agreements reached under the Paris Declaration on the Effectiveness of Development Aid (2005), the EU Code of Conduct on Complementarity and Division of The Division of Labour in Development Policy (2007) and the EU Guidelines for the Accra Action Agenda (2008). On 14 November 2011, the Council adopted a common EU position on, among other things, ensuring EU transparency and other aspects of transparency and accountability at the fourth high-level forum on the effectiveness of development aid in Busan, South Korea, which included the final Busan document. The EU and its Member States have approved busan`s final document. On 14 May 2012, the Council adopted conclusions on increasing the impact of the EU`s development policy: a programme for change and the future approach of EU budgetary aid to third countries.
Member States have their own bilateral agreements and implement their own initiatives with developing countries that are not funded by the EDF or other EU funds.