EU to fund Myanmar's programs
Updated: 2014-11-25 11:21
(Xinhua)
|
|||||||||
YANGON - The European Union (EU) has pledged to provide 250 million euro ($332.5 million) to Myanmar annually under a three-year strategic cooperation program (2014-16), official sources said Tuesday quoting EU Ambassador to Myanmar Roland Kobia.
The financial support will be rendered in view of Myanmar's remarkable progress achieved in its reform process, Kobia said, adding that the strategic cooperation will boost six major plans.
According to Myanmar Minister at the President's Office U Soe Thein, the 250 million euro, provided by the EU annually, will be mainly used for peace making efforts, parliamentary affairs, rule of law, 2015 general election, judiciary affairs and census-taking projects.
The rest of the fund will be allotted for rural development, health, education, economic development, human rights issues, civil societies and environmental conservation.
Myanmar and the EU have agreed to build strong partnership and voiced commitment to push reform in Myanmar since the two sides began to improve their relations.
- Ferguson grand jury has reached decision
- Top 7 affects of rate cut on people's life
- 42nd International Emmy Awards held in New York
- People visit Christmas market in Berlin
- Forbidden City more welcoming
- Olympic champ Sun Yang failed doping test in May
- Top 10 kinds of foreigners in China
- Trending: Hangzhou man licks out painting
Most Viewed
Editor's Picks
World Internet Conference |
Drug abuse blamed for big increase in violence |
A commuter's last train |
Stock Connect unites HK, Shanghai |
Air force plans to modify pilot selection process |
Koalas steal the show at G20 in Brisbane |
Today's Top News
Hagel move won't affect China-US ties: experts
China's nuclear power bid saluted
No indictment of officer in fatal Missouri shooting
Chinese real estate stocks continue rise on rate cut
Women entrepreneurs get financial tips
Wealthy want kids to study abroad
Breast cancer study receives $1.5 million grant
SAT scores canceled for some test-takers in China, Korea
US Weekly
Geared to go |
The place to be |