EC will provide 2.5 billion euros to Latin America between 2014 and 2020
Posted On 24 Mar 2014
The European Commission (EC) announced on Monday that € 2.5 billion will be granted to Latin America between 2014 and 2020 in concept of cooperation to the development of the region. It will focus on areas such as security, good governance, responsibility and social equity, economic growth, environmental sustainability, climate change, education and training programs for young people in the framework of Erasmus +. There is also a subregional program for Central America.
This provision will be discussed Monday at the EUROsocial Conference, which meets in Brussels politicians and representatives of high level of the European Union (EU) and Latin America.
The countries which may benefit from regional funds are: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela.
Between 2007 and 2013, the EU provided 556 million euros for regional programming in Latin America, aimed at the field of social cohesion, the water management, the development of the private sector, higher education and the information society