The duration of FP7 is longer than FP6 and it has a much larger budget. It also has a different structure, introduces the European Research Council to oversee the funding of basic research, and includes the new Joint Technology Initiatives (JTI) funding instrument. Another change is that the international dimension is integrated into the various programmes of FP7. The duration of the Framework Programme has been extended from four to seven years; FP7 runs from 2007 to 2013, while FP6 ran from 2002 to 2006. The overall budget has increased significantly for FP7.