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EU allocates 22 mln euros for Eastern neighbourhood’s transport and environment

Business Materials 3 August 2012 15:47
The European Commission earmarked 22 million euros for improving transport and Environment in Eastern neighbourhood within the first part of 2012 Regional Action Programme, ENPI Info Center reported.
EU allocates 22 mln euros for Eastern neighbourhood’s transport and environment

Azerbaijan, Baku, August 3 / Trend A. Badalova /

The European Commission earmarked 22 million euros for improving transport and Environment in Eastern neighbourhood within the first part of 2012 Regional Action Programme, ENPI Info Center reported.

According to the report, the programme will encourage partner countries to move towards green economies by promoting sustainable production and consumption processes by supporting cleaner techniques and the efficient use of resources in the manufacturing, agriculture, construction and agro-industry sectors, as well as promoting green financing and green procurement.

The programme will also help enhance forest protection in the region by supporting forest law enforcement and governance.

The funding comes from the European Neighbourhood and Partnership Instrument (ENPI), which is the main financial and cooperation instrument of EU assistance to Russia and the European Neighbourhood Policy (ENP) countries.

The Eastern Partnership Program is a Polish-Swedish initiative under the EU Neighbourhood Policy aimed at improving EU relations with six former Soviet countries Azerbaijan, Georgia, Moldova, Belarus, Ukraine and Armenia. The programme envisages the allocation of 600 million euro to these countries until 2013 to strengthen state institutions, control borders and help small companies.

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