European Union steps up cooperation with Côte d'Ivoire

European Union steps up cooperation with Côte d'Ivoire

The European Union is providing an extra €35 million in support for reforms and for vocational training and economic development policies in Côte d’Ivoire.

Neven Mimica, the European Commissioner for International Cooperation and Development, announced the extra funds at a meeting held with Marcel Amon-Tanoh, Côte d’Ivoire’s Minister for Foreign Affairs, to coincide with the signing of the mid-term review of the National Indicative Programme.

Commissioner Mimica said: “The extra €35 million reflects the good results achieved by Côte d’Ivoire in implementing its Development Programme. We want to back the continuation of key reforms in the country, especially in the sectors of public finance management, improving the business environment and trade. This support is what Africa–Europe Alliance for Sustainable Investment and Jobs is all about.”

The new funding follows the mid-term review of Côte d’Ivoire’s National Indicative Programme. The new package comprises €29.3 million for the Good Governance and Development Contract, €5 million for the interim Economic Partnership Agreement and €700 000 for flanking measures.

Original source: European Commission 
Published on 18 January 2019