EUR/ EXTERNAL INVESTMENT PLAN: HELPING THE NEIGHBORHOOD REGION ACHIEVE SUSTAINABLE GROWTH
Published on: 03-10-2016
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The plan aims to leverage more than EUR 40 billion in investments in the broader neighbourhood.
“That is more than the EU currently invests on aid worldwide. This amount could be doubled if our
member states match the EU contribution,” underlined the EU officials. They explained that the
European Fund for Sustainable Development will guarantee private investors against the risk they
face when they start a business in developing countries. “This guarantee will not only promote
single projects but also larger “investment windows” in strategic regions or sectors.”...(link)
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