Wednesday, February 20, 2019

Iraq signs finance agreement with EU

Basra/ Iraq TradeLink: Iraqi Planning Minister Nouri Sabah al-Dulaimi signed with the European Union ambassador to Baghdad Ramon Blecua a finance agreement for economic and social projects with the amount of 41.5 million Euros.

The agreement shall be implemented by the UNDP in Iraq in collaboration with the central and local governments.

The signature was attended by Basra Governor As’ad al-Idani, according to a ministerial statement.

The statement added that ministry will initiate a number of vital projects in different Iraqi provinces, particularly in Basra and Nineveh provinces.

The agreement will have three parts; the first shall be implemented by the UNESCO to rehabilitate historical and cultural sites, as well economic aspects in Basra and Nineveh province.

The second part will be done by FAO to revive economic activities in Nineveh villages, the voluntary return of refugees and better services.

The third part will be made through international and local cooperation to provide technical and financial support for youth projects.