The European Neighbourhood Policy (ENP) is the newest foreign policy tool and the key geo-political project of the European Union (EU) after enlargement. The ENP aims to develop a privileged partnership with the old Southern and the new Eastern neighbours of the enlarged Union which is based on economic integration and security and political cooperation short of EU membership. Central to this new relationship is the neighbours’ commitment to shared liberal values and core EU foreign policy and security objectives. Even though the ENP has drawn on the methodology of EU enlargement, it emerges as a new strategy of Europeanization without accession. The lack of strict conditionality, weaker incentives and internal tensions of the ENP, however, raises doubts about the Union’s ability to spur reforms and transition in wider Europe. The ENP carries the risk of generating a new “capability-expectation gap” in the international relations of the EU.
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