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European Union: European Union first 2014-2020 funds to neighboring nations

2014/09/09

The European Union has set aside 5.5 billion euros in funds for the next few years for cooperation with neighboring nations, inclunding nine bilateral cooperation accords.

Morocco will thus far be receiving the highest all: between 728,000 and 890,000 euros for the 2014-2017 period. This aid aims particularly to provide equitable access to basic social services (30%), support for democratic government, policy of law and mobility (25%), and increase and employment (25%). Jordan will be getting the second major all in the same period, between 312,000 and 382,000 euros, to use for policy of law (25%), employment and private sector improvment(30%), and renewable energy and energy efficiency (30%).

Tunisia will be getting between 202,000 and 246,000 euros for 2014-2015, for socio-economic reforms and increase (40%), local and regional sustainable improvment(30%) and democracy strengthening (15%). Following are Lebanon (between 130,000 and 159,000 for 2014-2016), Armenia (140,00-170,000 for 2014-2017), Algeria (121,000-148,000 for 2014-2017), Azerbaijan (77,000-94,000 for 2014-2017), Byelorussia (between 71,000 and 89,000 for 2014-2017) and Libya (between 36,000 and 44,000 for 2014-2015).

The all allocated for the three-year regional cooperation project in the east is between 418,000 and 511,000 euros, while for regional cooperation for southern neighbors is between 371,000 and 453,000 euros. Programs for all EU 'neighborhood policy area' for 2014-2017, for democratic development and mobility - such as Erasmus+ - will be getting between 1.675 billion and 1.876 billion euros.

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