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EU to allocate 16 million euros in assistance to Georgia

Georgia Materials 11 July 2013 18:31 (UTC +04:00)
The EU will allocate 16 million euros worth of assistance to Georgia as part of the "more for more" principle.
EU to allocate 16 million euros in assistance to Georgia

Georgia, Tbilisi, July 11 /Trend, N. Kirtzkhalia /

The EU will allocate 16 million euros worth of assistance to Georgia as part of the "more for more" principle.

A financial agreement will be signed by the Georgian State Minister for European and Euro-Atlantic Integration Alexi Petriashvili and European Commissioner for Enlargement and European Neighbourhood policy Stefan Fule in Batumi, where the conference "Georgia's European Way: The EU's Eastern European Partners - Towards the Vilnius Summit" takes place on Thursday.

"We hope and believe that there will be an initialing of agreement on association at the Vilnius summit," Petriashvili said.

He also expressed his hope in carrying out discussion on the current events taking place in Georgia and importance of EU assistance in terms of irreversibility of reforms and building of democratic institutions in Georgia during the summit.

"Together with Stefan Fule, I will sign a financial agreement on allocation of 16 million euros," Petriashvili added.

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