PART FIVE

THE UNION'S EXTERNAL ACTION
TITLE III

COOPERATION WITH THIRD COUNTRIES AND HUMANITARIAN AID
CHAPTER 1

DEVELOPMENT COOPERATION

(ex Article 179 TEC)
Article 209
1
The European Parliament and the Council, acting in accordance with the ordinary legislative procedure, shall adopt the measures necessary for the implementation of development cooperation policy, which may relate to multiannual cooperation programmes with developing countries or programmes with a thematic approach.
2
The Union may conclude with third countries and competent international organisations any agreement helping to achieve the objectives referred to in Article 21 of the Treaty on European Union and in Article 208 of this Treaty.
The first subparagraph shall be without prejudice to Member States' competence to negotiate in international bodies and to conclude agreements.
3
The European Investment Bank shall contribute, under the terms laid down in its Statute, to the implementation of the measures referred to in paragraph 1.
Substituted by Procès-verbal of rectification to the Treaty of Lisbon amending the Treaty on European Union and the Treaty establishing the European Community, signed at Lisbon on 13 December 2007 (Official Journal of the European Union C 306 of 17 December 2007) (2009/C 290/01)This rectification has been carried out by means of a procès-verbal of rectification signed at Rome on 27 November 2009 with the Government of the Italian Republic as depository..