Division 2 Timeline

Shortly after its appointment, the Wise Persons Group shall present its work programme to Coreper. Within three months of its establishment, the Wise Persons Group shall inform Coreper of the state of play of its work. The relevant Council bodies, including the Working Party of Financial Counsellors, the Working Party on Development Cooperation and the Ad Hoc Working Party on the Neighbourhood, Development and International Cooperation Instrument, shall be regularly updated by the Wise Persons Group upon request.

The Wise Persons Group shall deliver the final report to the Council six months after its appointment. The purpose of the report and any recommendations made in fulfilling its mandate shall be to inform and assist the Council in its discussions and possible decision-making. Under no circumstances shall the report or any recommendations be construed as the position of the Council, including in respect of ongoing legislative procedures. The Council shall decide on the follow-up to the report. The involvement and cooperation of the Economic and Financial Affairs Council and the Foreign Affairs Council (Development) shall be ensured.