| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/14/275 (17.03.14) |
| Publication Date | 17/03/2014 |
| Content Type | News |
|
On 17 March 2014, European Commissioners Andris Piebalgs, for Development policy, and Karel De Gucht, for Trade policy, welcomed Foreign Affairs Council conclusions confirming new EU support of at least €6.5 billion for the Economic Partnership Agreement Development Program (PAPED) for West Africa during the period 2015-2020. The funds will greatly enhance trade and investment flows to West African countries, thus contributing to their development, sustainable growth and poverty reduction. The PAPED is an essential element of the Economic Partnership Agreement (EPA) negotiated with West Africa, and will provide funding for projects linked to trade, industry, transport and energy infrastructure in the region, as well as through support to civil society. The region of West Africa includes Benin, Burkina Faso, Cap Verde, Côte d'Ivoire, Gambia, Ghana, Guinea, Guinea Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, Togo and Mauritania. |
|
| Source Link | http://europa.eu/rapid/press-release_IP-14-275_en.htm |
| Subject Categories | Politics and International Relations |
| Countries / Regions | Africa, Europe |
