Thursday, 28 November 2013

EU announces future commitments for development with Central Asia

Around €1 billion will be available for Central Asia in the new EU budget, it was announced on 20 November 2013. This amount includes the bilateral allocations for Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan and regional allocations and multi-country funds, to support the region’s efforts on sustainable management of natural resources, socio-economic development, including education, and regional security.

The announcement was made at a ministerial meeting between EU and Central Asia countries, and speaking about the funds, Andris Piebalgs said: “Governance and inclusive and sustainable growth for human development will be the two key pillars for the next seven years of development cooperation with Central Asia, with a particular focus on the poorest and the most fragile countries."

Read the EC Press Release here.

Source: CONCORD EU Monitoring Newsletter, 21.11.2013

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