Today, the European Commission is setting out a strategic approach for achieving sustainable development in Europe and around the world. A first Communication on the next steps for a sustainable European future explains how the Commission's 10 political priorities contribute to implementing the UN 2030 Agenda for Sustainable Development and how the EU will meet the Sustainable Development Goals (SDGs) in the future. A second Communication on a new European Consensus on Development proposes a shared vision and framework for development cooperation for the EU and its Member States, aligned with the 2030 Agenda.
The sugar industry is widely recognised as making a significant socio-economic contribution to many African, Caribbean and Pacific (ACP) Group of States, particularly in generating export earnings and creating employment in rural areas. Nevertheless, it is important to note that many ACP countries have been diversifying to reduce their reliance on the sugar industry. This means that, in some countries, sugar is not as important as it was in the past. The ACP sugar group is diverse. It includes some of the world’s lowest cost sugar producers where production has been growing over time (Malawi, Swaziland, Zambia).
The African Caribbean and Pacific (ACP) Sugar Group says it welcomes the new study on the sugar industry undertaken by the European Union. The “Study on Current and Forecast Market Developments for ACP Sugar Suppliers to the EU Market” sets out a comprehensive assessment of the risks for ACP/EBA sugar producers as a result of changes to the EU sugar regime and it contains a series of helpful tips. The study was undertaken by United Kingdom-based Cardno/LMC International and funded by the European Union. Chairman of the ACP Sugar Group, Samuel Chandler, who is also the Barbados Ambassador to the EU, said the ACP will actively pursue the implementation of the recommendations.
Boost Africa Initiative, a unique partnership in support of innovation and entrepreneurship across Africa has been launched today in Abidjan by the European Investment Bank (EIB) and the African Development Bank (AfDB) in partnership with the European Commission. The launch ceremony took place at the Headquarters of the AfDB in Abidjan in presence of EIB President Werner Hoyer, AfDB President Akinwumi Adesina, EIB Vice-President Ambroise Fayolle and Stefano Manservisi, Director-General for International Cooperation and Development at the European Commission.
The government of Rwanda and the European Union signed a $21 million financing agreement to support accountable economic governance. The grant signed by Rwanda's Minister of Finance, Claver Gatete and Head of EU Delegation to Rwanda, Michael Ryan is expected to help improve the governance of public funds.