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EU official to announce 40 mln-euro support for Peru in upcoming visit

Xinhua, October 7, 2015 Adjust font size:

The European Commissioner for International Cooperation and Development Neven Mimica is to announce a 40 million-euro package to support Peru, as he started a visit to Paraguay and Peru on Wednesday.

According to a European Commission press release, the tour will take Mimica to Paraguay from Oct. 7 to 9, and then to Peru from Oct. 9 to 11, to discuss the implementation of the priorities for the countries' development.

While in Peru, Mimica was expected to sign an agreement to disburse the 40 million euros (45 million U.S. dollars) package from a total 66 million euros being allocated to Peru between 2014 and 2017, to support Peru's National Development and Social Inclusion Strategy.

This support will serve to ensure the adequate development and health of children and young adults, by providing them with access to basic services such as water, education and medical care.

In Paraguay, Mimica was expected to endorse the disbursement of 5 million euros for social protection, with the aim of ensuring basic services to the most vulnerable population and to increase economic inclusion.

Ahead of the visit, Mimica said that the EU looked at Paraguay and Peru as important and constructive partners in Latin America.

According to the European Commission, for the period 2014-2020, the EU is financially supporting Paraguay with 168 million euros and Peru with 66 million euros. Both countries' priorities have been identified together with national governments. Endit