The Government of Eritrea and the European Union concluded a 200-million Euro cooperation agreement focusing mainly on the development of renewable energy on 28th of January 2016.
Asmara, 31 January 2016 – The Government of Eritrea and the European Union concluded a 200-million Euro cooperation agreement focusing mainly on the development of renewable energy on 28th of January 2016.
According to the agreement, out of the 200 million Euro of the European Development Fund, a share of 175 million Euros will be directed to energy, 20 million Euros on capacity building and 5 million Euros for technical assistance.
The Minister of National Development, Dr. Giorgis Teklemikael, and Mr. Christian Manahl, EU Ambassador to Eritrea, signed the accord.
Present on the occasion were Foreign Minister Osman Saleh, Gen. Sebhat Ephrem, Minister of Energy and Mines, and Mr. Koen Doens, EU Director for Eastern and Southern Africa.
Speaking on the occasion, Dr. Giorgis, noted the existing cooperation between Eritrea and the EU in different sectors, and explained that the latest agreement attests to the prevailing close cooperation between Eritrea and the European Union.
Ambassador Christian Manahl, on his part, stated that the Eritrean Government’s judicious utilization of resources will be decisive in strengthening partnership.
Meanwhile, Dr. Giorgis and Mr. Koen Doens conducted discussion focusing on the cooperation agreement and its implementation.