Eastern Partnership will bring Armenia more than 140 million euros

Eastern Partnership will bring Armenia more than 140 million euros

 

Eastern Partnership will bring Armenia more than 140 million euro Armenia and the European Commission today signed a memorandum of understanding for the establishment of Single Support Framework, the EC said in a statement, reports RIA Novosti.This document provides for the allocation to the country between 140 to 170 million euro  within the framework of Eastern Partnership.These funds will be used to carry out reforms, including those of public institutions and civil society, as well as the private sector and justice system.. Until the end of this year, Armenia will receive 19 million euro for the development of small business and human rights protection system. 

 

Armenia and the European Commission today signed a memorandum of understanding for the establishment of the Single Support Framework, the EC said in a statement, RIA Novosti reports.


This document provides for the allocation to the country of between 140 to 170 million euros within the framework of the Eastern Partnership.


These funds will be used to carry out reforms, including those of public institutions and civil society, as well as the private sector and justice system.


By the end of this year Armenia will have received 19 million euros for the development of small business and a human rights protection system. 

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