3 Sep 2014

EU to allocate US$650M to Pacific

9:25 pm on 3 September 2014

The European Union says it will allocate more half a billion euros, or 650 million US dollars, to the Pacific over the next seven years.

Its Ambassador to the region, Andrew Jacobs, says it is in the process of drafting its 2014 to 2020 regional plan, and is using the Small Islands Developing States Conference in Apia this week to talk to its Pacific partners about what their priorities are.

He says renewable energy, food security, and water and sanitation projects are likely to be on the agenda.

Mr Jacobs says the regional program has a budget of 166 million euros, or 217 million US dollars, and each partner country will also have a separate allocation.

"That allocation depends on population, on vulnerability, on capital income and so on. I think on the whole, we'll have in excess of half a billion euros for the Pacific."

The EU Ambassador to the Pacific, Andrew Jacobs.