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Wednesday, 28 October 2015

EU Commissioner: economic recovery & development of Mali

Neven Mimica gave the opening speech at the "Building an emerging Mali" conference organised by the Organisation for Economic Cooperation and Development (OECD) in Paris. The Conference follows up on the international donor conference on Mali held in May 2013, and the signature of the Peace and Reconciliation Accord of June 2015 in Mali. This peace accord was instrumental in forging a long-term strategic dialogue between the Malian government and its partners and marked a turning point towards stability and the improvement of living conditions of the people in Mali. The conference will aim in particular at providing a platform for the Malian government to present the immediate steps it is taking to implement the Accord.

Commissioner Mimica said: "The peace deal alone will not bring peace, security or development. Even more difficult than signing peace is maintain peace. Now is the time to accelerate reforms so that people can quickly see the peace dividends that will prevent any step backward. The EU stands ready to assist Mali in this respect." Under the 11th European Development Fund (EDF), €615 million have been agreed upon for the period 2014-2020. This funding will focus on state reform, rural development, education and infrastructure. The European Union has also deployed two missions (EU Training Mission to Mali and EUCAP Sahel Mali) to assist with the reform of the security sector. In addition, the recently announced EU's Emergency Trust Fund for Africa will contribute to development in the Sahel and Lake Chad region by funding actions to support job creation, resilience and good governance.

Source: europa.eu