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Tuesday, 11 January 2011

Eritrea and the EU signed cooperation programmes worth over 50 Mio €

The Government of the State of Eritrea and the European Union have signed five projects under 10th European Development Fund (EDF), collectively financed by the twenty seven Member States of the EU for a total amount of 52.4 Mio € (1018 Mio Nakfa). A sixth project "Support to the National Confederation of Eritrean Workers (NCEW) for the strengthening of the social dialogue in Eritrea"worth 1.3 Mio € was signed by the NCEW and the EU in March 2010 and its implementation has already started. This project aims at strengthening social dialogue and tripartite cooperation between the Government, Trade Unions and Employers in Eritrea, generating opportunities for economic and social development. With the overall aim of supporting the Eritrean people in their fight against poverty and their pursuit of economic and social progress, the EU has allocated a total amount of 122 Mio € for development programmes in the country for the period 2009-2013: the five projects signed focus on the key areas of food security, governance as well as preservation of national heritage.

Source: European Union