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Monday, 16 August 2010

Pacific ACP leaders conclude meeting on EU assistance and trade

The 8th meeting of the Pacific ACP Leaders was held in Port Vila, Republic of Vanuatu Tuesday 3rd August to discuss the progress of European Union assistance through the European Development Fund (EDF) to the region as well as trade issues.
Leaders from the Cook Islands, Federated States of Micronesia, Kiribati, Palau, Samoa, Tonga, Vanuatu and representatives of the Republic of Marshall Islands, Solomon Islands, Timor Lester and Tuvalu attended the meeting chaired by the Prime Minister of Vanuatu, Hon. Edward Natapei.The PACP Leaders expressed deep appreciation for the signing of three Financing Agreements early this year under the European Union’s 10th EDF Pacific Regional Indicative Programme for a total value of 21.9 million EUROs.

The three projects are:
-Deep Sea Minerals – 4.7million EUROS to be implemented by the Pacific Islands Applied Geo-science Commission (SOPAC) and the Secretariat of the Pacific Community (SPC);
-Scientific Support for Management of Coastal and Oceanic Fisheries – 9 million EUROs to be implemented by SPC; and
-Development Tuna Fisheries in the Pacific Phase II – 8.2 million EUROs to be implemented by the Forum Fisheries Agency (FFA) and SPC.

Source: Pacific Scoop