Uzbekistan and the EU plan to implement joint projects
20/06/2018 10:23
Uzbekistan and the EU plan to implement joint projects
20/06/2018 10:23
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan and the EU intend to expand cooperation in the field of financial and technical assistance.
During the meetings of the Subcommittee on Economy, Trade and Investment and the Cooperation Committee "Uzbekistan-EU", the European side announced its firm intention to expand active cooperation in the field of financial and technical assistance with Uzbekistan.
According to the press service of the State Committee for Investments, the national program for EU assistance to Uzbekistan for 2014-2020 has a total budget of 168 million euros.
Currently, with EU assistance in Uzbekistan, 25 projects have been implemented for a total amount of more than 100 million euros. Of these, 15 national projects totaling 69.4 million euros are implemented in the areas of economic and social development, education, water management and improving the waste management system, improve living conditions in rural areas, support entrepreneurship in remote areas and develop tourism.
In addition, Uzbekistan receives EU assistance within 10 regional projects for a total of 33.6 million euros in education (Erasmus +), business and tourism development and other areas.
Based on the results of the discussions, the following agreements were reached: on the signing this year of financial agreements on grant projects "Sustainable Management of Water Resources in the Fergana Valley" in the amount of 30 million euros and "Development of the livestock sector" in the amount of 15 million euros.
EU plans to allocate 5 million euros to help Uzbekistan in its efforts to access the World Trade Organization and another 5 million euros to development of employment skills in rural areas.
With the European side, an agreement was reached on the allocation in early 2019 of a grant worth 40 million euros to support the state budget expenditures.
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