• 03:52
  • Friday ,19 October 2018
العربية

Egypt and the EU sign two agreements with a total value of €135 million

Amany Moussa

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00:10

Friday ,19 October 2018

Egypt and the EU sign two agreements with a total value of €135 million

Egypt and the European Union signed today two agreements for comprehensive growth and job creation to combat the challenges of migration in Egypt, with a total value of €135 million. 

The agreements were signed by Egypt s Minister of Investment Sahar Nasr and General Director of the Neighborhood Policy and EU Enlargement Christian Danielson. 
 
The minister clarified that the funding agreement for the program of EU s facility of comprehensive growth and job creation is worth €75 million. Nasr added that the agreement supporting the program to combat migration challenges in Egypt, worth €60 million, is funded by the European Emergency Fund for Africa, and includes contributions from Germany and the International Planning Organization.