EU to fund Myanmar's programs
Updated: 2014-11-25 11:21
(Xinhua)
|
|||||||||||
YANGON - The European Union (EU) has pledged to provide 250 million euro ($332.5 million) to Myanmar annually under a three-year strategic cooperation program (2014-16), official sources said Tuesday quoting EU Ambassador to Myanmar Roland Kobia.
The financial support will be rendered in view of Myanmar's remarkable progress achieved in its reform process, Kobia said, adding that the strategic cooperation will boost six major plans.
According to Myanmar Minister at the President's Office U Soe Thein, the 250 million euro, provided by the EU annually, will be mainly used for peace making efforts, parliamentary affairs, rule of law, 2015 general election, judiciary affairs and census-taking projects.
The rest of the fund will be allotted for rural development, health, education, economic development, human rights issues, civil societies and environmental conservation.
Myanmar and the EU have agreed to build strong partnership and voiced commitment to push reform in Myanmar since the two sides began to improve their relations.
Related Stories
China seizes 31 trafficking suspects holding Myanmar women 2014-11-24 20:39
US pledges support for Myanmar's continued reform 2014-11-15 09:46
China, Myanmar pledge to boost friendship 2014-11-15 09:11
Energy tops list of deals with Myanmar 2014-11-15 08:18
Pessimism about China-Myanmar ties unfounded 2014-11-14 16:32
Lijiang to connect China-Myanmar gas pipeline by end of 2014 2014-11-13 17:08
Today's Top News
Sanctions, falling oil price cost Russia $140b yearly
Ukraine to hold referendum on joining NATO
UN calls for more sex ed in country
PBOC surprise powers equities
Chinese FM visits Vienna for Iranian nuclear issue
80% of China's rich aspire to overseas education
5 dead, 54 injured in Southwest China quake
Gay-dating app finds financial boost
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Blue skies ready to greet APEC |
Growth pangs |
Sea change |
'Old newcomers' |
General aviation hub reaches for the sky |
Endangered species threatens livelihoods |