29 August 2014

East Africa: EU Allocates 85 Million Euros to EAC

press release

Arusha — The European Union (EU) through the European Development Fund (EDF 11) has allocated the East African Community 85 million Euros for the period 2016 to 2020. The funds will focus on three main priorities namely; peace and security (€15 million), regional economic integration (€45 million), and natural resources (€25 million).

This development came to light yesterday when the Secretary General of the East African Community, Amb. Dr. Richard Sezibera met in Dar es Salaam the EU Head of Delegation and Ambassador to the United Republic of Tanzania, Filiberto Ceriani Sebregondi.

Out of the €45 million meant for regional economic integration, €15 million will be for the implementation of key Protocols namely; the Customs Union, the Common Market, and the East African Monetary Union, while €30 million will be accessed by Partner States to support trade related activities.

In another development, the Secretary General, Amb. Dr. Richard Sezibera met and held discussions today in Dar es Salaam, with the Indian High Commissioner to the United Republic of Tanzania, Amb. Debnath Shaw.

The two discussed the outcome of the recent India-Africa Summit that took place in New Delhi, India. They outlined critical areas that need follow up including; a proposed meeting between India and EAC later in September 2014 to agree on key areas for support; training opportunities by the government of India; how to link the East African Business Council (EABC) with the Confederation of Indian Industries; and finally the need to review and update of the current MoU between EAC and India.

The Head of Resources Mobilization Unit at the EAC Secretariat, Dr. James Njagu accompanied the Secretary General while meeting the two Envoys.

Owora Richard Othieno,

Head of Department;

Corporate Communications and Public Affairs

Tel: +256 754 473 574, +255 784 835021;

Ads by Google

Copyright © 2014 East African Community. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.