The Azerbaijan State News Agency

POLITICS

EU to increase financing of Eastern Partnership

Baku, October 4 (AZERTAC). The European Union plans to issue an additional 150 million euros to finance the Eastern Partnership project until 2014, Polish Foreign Minister Radoslaw Sikorski said.

About 2 billion euros will be spent on realization of the project and 1.2 billion euros will be provided for bilateral cooperation, while 600 million for multilateral cooperation of Eastern Partnerhip states.

The EU is also willing to increase financing of the Eastern Partnership in 2014-2020.

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