EU Opens New Opportunities for Georgia, Moldova and Ukraine
EU launched a new facility for Georgia, Moldova and Ukraine, €2 billion worth investment will be available for small businesses in these countries.
At the Eastern Partnership Business Forum in Riga today, the European Commission launched the Deep and Comprehensive Free Trade Area (DCFTA) Facility for Small and Medium Enterprises (SMEs), EU official website reports.
The Facility will provide some €200 million worth of grants from the EU budget over the next 10 years. This contribution is expected to unlock new investments worth at least €2 billion for the SMEs in the three DCFTA countries: Georgia, Republic of Moldova and Ukraine.
"This is a concrete example of the EU's commitment to Eastern Partnership and of our determination to build closer economic relations with the partner countries," said Commissioner for European Neighbourhood and Enlargement Negotiations Johannes Hahn.
Other materials on this subject
- Zohrab Mnatsakanyan Participated in the Meeting of the Eastern Partnership Foreign Ministers Within the framework of the 26th OSCE Ministerial Conference in Bratislava, Foreign Minister Zohrab Mnatsakanyan participated in the meeting between the newly appointed EU High Representative for Foreign...
- INSIGHT From Yerevan: 10th Anniversary of the Eastern Partnership “Insight from Yerevan: Earth” hosted political scientist, PhD Narek Grigoryan, to discuss the 10th anniversary of the Eastern Partnership, EU policy and RA-EU relations.
- The EU EaP Future to Be Built on Dreams and Hopes Today the EU problem is not having similar agreements with the Eastern partners and moving forward with common principles, but not losing partners in the region and finding ways to deepen cooperation...
- Azerbaijan And European Union at Odds Azerbaijan does not succeed in enshrining the desired wording in its documents with the European Union.
- Armenia-EU New Agreement Outlines a Very Good Path for Future Partnership Armenia decides itself how far to go in this partnership taking into account that the country is a member of the Eurasian Economic Union.
Read also
-
Peace treaty must include provisions that guarantee the integrity of Armenia’s sovereign territory, European Parliament
-
UK’s King Charles III meets with Zelensky at Buckingham Palace (Sky News)
-
Toivo Klaar: Georgia’s role as bridge between Armenia and Azerbaijan is very important
-
Chechen leader expects special military operation to be over by yearend
-
Prospects for peace in Ukraine diminishing, says UN chief
-
EU sends rescue teams to Turkey after deadly earthquake
-
European Commission points to Kiev's deficits as part of EU acceptance process
-
EU intends to impose new anti-Russian sanctions by special op anniversary
-
17:08The regular session of the Anti-corruption Policy Council takes place in Jermuk
-
15:05The Prime Minister sends congratulatory messages to the supreme leader of Iran and the President of Iran
-
11:11Armenia sends earthquake aid to Turkey
-
10:43Commemoration of the Pontiff St. Sahak Partev
-
09:16Some roads are closed and difficult to pass in Armenia
-
19:55Phone conversation of the Foreign Minister of Armenia with the U.S. Assistant Secretary of State for European and Eurasian Affairs
-
18:30Prime Minister Pashinyan and President Khachaturyan meet
-
18:20Ararat Mirzoyan with Co-Chairman of the OSCE Minsk Group of France Brice Roquefeuil
-
17:01Humans could land on Mars within 10 years, Musk predicts
-
16:45France, US urge 'immediate' end to Nagorno Karabakh blockade
-
16:01Blockaded Nagorno Karabakh launches fundraiser to support quake-hit Syria
-
15:59Earthquake death toll in Turkey rises to 18,342
-
15:43Ararat Mirzoyan Held a Telephone Conversation with Sergey Lavrov
-
15:06French president rules out fighter jet supplies to Ukraine in near future
-
14:475 Day Weather Forecast in Armenia
-
14:44President Vahagn Khachaturyan wrote a note in the book of condolences opened in the Embassy of Syria in Armenia
-
14:20Azerbaijan’s provocations impede establishment of peace and stability – Armenian FM tells Russian Co-Chair of OSCE MG
-
12:57France representation to OSCE: Paris calls on Azerbaijan to restore freedom of movement through Lachin corridor
-
11:40Command of Kosovo forces highly appreciated preparation of Armenian peacekeepers
-
10:16The United States withdrew from sanctions against Syria for six months the provision of assistance after the earthquake
Most read
day
week
month
Weather
Yerevan
Humidity: %
Wind: km/h
0 C°
0° 0°
23.11.2024
0° 0°
24.11.2024
Poll