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Newsletter 517

Video guest: Josephine Mwangi

October 2018
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Friday, 19 October 2018

The European Union says it will consult with sugar industry stakeholders its plans to support farmers who will be affected when preferential quota access of Fiji sugar to the European market ends in October next year. Responding to questions raised by the National Farmers Union about the involvement of sugarcane growers in the planning and implementing of aid projects, the EU said consultations with growers representative organisation was part of the process. The NFU was referring to an article which appeared in this newspaper on October 21 where EU Ambassador to the Pacific Andrew Jacobs outlined plans to release $67.5 million in direct budget support to the Fijian Government to aid the agriculture and sugar sectors.

The EU faces a substantial drop in its development resources following Brexit. Still, the amount will depend on how “hard” that exit is, and the UK’s ongoing involvement in voluntary EU-level arrangements. Here we assess the potential size of the Overseas Development Assistance (ODA) funding drop that EU institutions could face. At the UN General Assembly, Theresa May already confirmed that the UK will continue to “honour its commitment” to spend 0.7 percent of national income on development. However, following Brexit, this aid may be spent very differently, particularly the 9.8 percent of UK aid spent via EU institutions in 2014.

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