The three institutions recognise the importance of ensuring that each institution can exercise its rights and fulfil its treaty obligations, as interpreted by the European Court of Justice, with regard to the negotiation and conclusion of international agreements. After the adoption of the Commission`s work programme and on it, will the three institutions exchange information on the initiatives for the coming year and agree on a joint declaration of annual inter-institutional programming (“joint declaration”) to be signed by the presidents of the three institutions. The Joint Declaration sets out general objectives and priorities for the following year and identifies important points of political importance that, without prejudice to treaty powers, should be treated as a priority in the legislative process. In accordance with the principles of sincere cooperation and institutional balance, the Commission, when it intends to withdraw a legislative proposal, whether or not it is followed by a revised proposal, will indicate the reasons for this withdrawal and, if necessary, the indication of the next steps envisaged, accompanied by a precise timetable, and will carry out appropriate inter-institutional consultations on that basis. The Commission will take due account of and respond to the views of the co-legislators. The new manager of inter-institutional agreements is now available via the Erasmus dashboard platform, which allows EIS to develop, negotiate and update inter-institutional agreements in digital form. This is a beta version that will be tested in March and April, so development will continue, but from May it should be ready to support the effective extension of your agreements. The inter-institutional agreement is based on the Treaty on the European Union (EU) and the Treaty on the Functioning of the European Union (TFUE). The Council, Parliament and the Commission agree on inter-institutional agreements. The Commission is responsible for taking the initiative. This agreement complements the following “better law” agreements and declarations, to which the three institutions remain fully committed: the European Parliament and the Council, as co-legislators, agree on the importance of maintaining close contacts before inter-institutional negotiations in order to achieve a better mutual understanding of their respective positions.