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BRIEF

The World Bank and European Union Institutions

February 24, 2014

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The World Bank in Brussels manages relations between the World Bank Group and different European Union (EU) institutions. These institutions include the European Commission (EC), European External Action Service (EEAS)Council of the European Union and European Parliament, and the European Investment Bank. The Brussels office is mandated to handle bilateral relations with Belgium and Luxembourg as well as NATO and works to leverage developing country representations, including the Secretariat of African, Caribbean and Pacific Countries (ACP). The Europe and Central Asia Vice Presidency, the International Finance Corporation (IFC) and the Global Fund for Disaster Risk Reduction have operational teams and conduct operational work in the office.

The World Bank office in Brussels works to foster dialogue with European institutions on thematic issues that are key to development where the EC and the EEAS play a leading role on behalf of EU member states - both in terms of policy orientation and implementation. In financial terms, the EC is an important co-financer of World Bank projects and programs through parallel financing and  trust fund contributions. 

In addition, the World Bank also organizes numerous events, conferences, consultation events, expert roundtables, flagship report launches, and media interviews with large numbers of Brussels-based ‘policy-makers’, lobbyists, think-tanks, journalists and others interested in development.