EU to discuss future priorities for development cooperation with the Caribbean
The EU Commissioner for Development, Andris Piebalgs, will take part tomorrow in a seminar in Guyana to discuss future development cooperation under the 11th European Development Fund (EDF) (which will run from 2014-2020) for the Caribbean region.
During the event, which takes place on 19 – 20 September, the Commissioner is expected to confirm that the EU is ready to provide €1 billion under the next EDF in grants for the most vulnerable people in the Caribbean region.
Commissioner Piebalgs said: "Our renewed commitment demonstrates the need to arrange development cooperation resources to better suit the specific needs of the countries in the region. The new approach, as set out in the Agenda for Change, will target those regions that are still struggling to achieve Millennium Development Goals, helping to ensure that every euro we spend reaches those who need it most." Haiti, as the only Least Developed Country in the region, will receive more than 40% of these funds to further support its struggle towards reconstruction and the fight against poverty.
For more information: http://europa.eu/rapid/press-release_IP-13-839_en.htm