EU Says it has Mobilized over €2.1B in Financial Support to Jordan Since 2011

Business

October 28th, 10:12am

Brussels - Abdullah Mustafa

FILE PHOTO: An EU flag flutters. Reuters

Since 2011 and up to April 2019, the European Union mobilized over €2.1 billion in financial support to Jordan, including almost €1.3 billion to help the country cope with the consequences of the Syrian crisis, the EU said in a report this week. The report on the partnership between the EU and Jordan for the period between June 2018 and April 2019 illustrates the excellent cooperation that the two sides maintained during that period and highlights progress in the key areas as defined in the EU-Jordan Partnership Priorities adopted in November 2016. During the reporting period, specific actions under the policies launched by the new government aim at improving education and health, promoting investment and trade, empowering the judiciary and developing active citizenship, closely reflecting EU-Jordan partnership priorities, it said. EU-Jordan cooperation also continued on foreign and security policy, private sector development and business environment, energy and resources management, transport and expanded on education, research and innovation and culture programs. Over the past year, the EU has been striving to maintain a balance between supporting Jordan politically and financially. The EU remains committed to support a secure, democratic and economically strong Jordan, said the report. “Over the last year, we have stood by Jordan in addressing the country's economic and social situation and in facing the repercussions of the neighboring conflicts in Syria, Iraq and the Middle East. Despite those challenges, Jordan managed to maintain internal stability and continued to play a wise, stabilizing and moderating role in the region," said the EU's top foreign policy official, Federica Mogherini. "The EU is convinced that the 5-year reform Matrix and the Renaissance/Nahda Plan for the years 2019-2020 will create more jobs and will develop an attractive environment for socio-economic actors, especially by investing in future generations,” said Commissioner for European Neighborhood Policy and Enlargement Negotiations Johannes Hahn.

from Asharq AL-awsat https://aawsat.com/english/home/article/1964936/eu-says-it-has-mobilized-over-%E2%82%AC21b-financial-support-jordan-2011