At the first formal meeting of the Council of Ministers for Youth on 6 June 1994 in Luxembourg, a common position was reached on the third phase of the Community's "Youth for Europe" programme (1995-1999). The common position will be formally adopted at a future Council session and transmitted to the European Parliament in accordance with the co-decision procedure. "Youth for Europe" is designed to enable 400,000 young people, between the ages of 15 and 25, to benefit from the shared experience of visiting and learning about life in another European country. The programme also enables youth organizers to benefit from vocational training abroad. The third phase of the programme (Youth for Europe III) will enlarge the sphere of Community action, by expanding the scope of activities, by promoting access to the activities for young people from disadvantaged backgrounds (almost one third of the budget is reserved for them) and by supporting exchanges between young people from the Community and young people from third countries. During the Council meeting, the following points were agreed: - The programme will be allocated ECU 105 million; - The committee responsible for implementing the programme with the Commission will have both a consultation and management function; - Exchanges with third countries can only be carried out with third countries which have cooperation agreements with the European Union.