03:03 GMT +325 November 2017
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    European Commission to Allocate $75 Mln for Development Projects in Mali

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    According to press release, EU Commissioner for International Cooperation and Development Neven Mimica will sign development projects worth 67 million euros ($75.1 million) as part of his visit to Mali on Thursday.

    MOSCOW (Sputnik) EU Commissioner for International Cooperation and Development Neven Mimica will sign development projects worth 67 million euros ($75.1 million) as part of his visit to Mali on Thursday, a EU press release revealed.

    "These projects are mainly financed by the EU Emergency Trust Fund for Africa and will directly contribute to long-term peace and development in Mali. They will focus on improving food security, local development and security, resilience of the most vulnerable people, as well as on improving access to education. These projects will support the implementation of the Peace Agreement signed in June 2015," the EU Commission said in the press release.

    According to Mimica, EU support to Mali for the period between 2014 and 2018 amounts to more than 1.7 billion euros.

    The EU Emergency Trust Fund for Africa, launched in November 2015, aims to foster stability and to contribute to better migration management through the protection, return and reintegration of migrants. Mali is one of the main beneficiaries of the trust fund, under which 91.5 million euros have already been approved for the country.

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