The European Union (EU) will pump about €1.15 billion (N251.1b)
into peace, security and regional stability, including support to the Economic
Community of West African States (ECOWAS) in its regional mandates, reports NaijaAgroNet.
Other aspects of interest covered by the fund include regional economic integration and trade, the private sector, regional integration and support for infrastructure.
The assistance made possible by the 11th European
Development Fund, NaijaAgroNet
gathered, was made public during the signing of a new regional funding for
cooperation between European Commissioner for International Cooperation and
Development, Neven Mimic and representatives
of regional organizations from West Africa.
Mimica
said, “Regional integration in West Africa is already bearing impressive fruits
and today’s signing is the ambitious starting point for preparing new, concrete
projects that will benefit the region and its countries. Having almost doubled
our support from the last programming period, we will work with a wide range of
partners to tackle the challenges that remain in West Africa, such as peace and
security, economic integration and trade, as well as sustainable development,” NaijaAgroNet learnt.
The West Africa Regional Indicative Programme was co-signed by President Kadré Désiré Ouedraogo of the Economic Community of West African States (ECOWAS) and President Cheikhe Hadjibou Soumaré of the West African Economic and Monetary Union (UEMOA).
Cyriacus Nnaji/ GEE
The West Africa Regional Indicative Programme was co-signed by President Kadré Désiré Ouedraogo of the Economic Community of West African States (ECOWAS) and President Cheikhe Hadjibou Soumaré of the West African Economic and Monetary Union (UEMOA).
Cyriacus Nnaji/ GEE
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