EC Launches New Development Initiatives With Pacific Island States

by Ulrika Lomas, for LawAndTaax-News.com, Brussels

22 October 2007

It was announced on Thursday that the European Commission has signed Country Strategy Papers with 13 Pacific States at the 38th Pacific Island Forum in Tonga.

The Pacific States are the first to sign the country strategy papers in the framework of the 10th European Development Fund - allocating them EUR267 million for the period 2008-2013.

Three priorities have been set: good governance, sustainable management of natural resources and growth.

Louis Michel, the European Commissioner for Development and Humanitarian Aid, observed that:

"With this signing, the Pacific Islands will be that little bit closer to Europe. I am delighted to see that agreed strategies are on the way now for concrete projects for the benefit of the peoples of the Pacific Region".

The 13 Pacific States in question are: Cook Islands, Kiribati, Marshall Islands, Federated States of Micronesia, Nauru, Niue, Palau, Papua New Guinea, Samoa, Solomon Islands, Tonga, Tuvalu and Vanuatu.

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