EU supports Jordan with 3b euros over three years

His Majesty King Abdullah meets with EU foreign policy chief Catherine Ashton (3rd left) on the sidelines of a Jordan-EU meeting on the shores of the Dead Sea on Wednesday (Photo by Yousef Allan)

Focus will be on economic growth, SMEs

by Hani Hazaimeh | Feb 22,2012 | JORDAN TIMES

AMMAN — Jordan will receive a financial assistance package of around 3 billion euros over the next three years, of which 1.2 billion from the EU member states will be available in the coming 12 months, the EU announced on Wednesday.

EU High Representative for Foreign Affairs and Security Policy and Vice President of the European Commission Catherine Ashton made the announcement at a press conference held jointly with Prime Minister Awn Khasawneh at the end of the Jordan-EU Task Force meeting held yesterday on the shores of the Dead Sea.

Khasawneh, who described the discussions as “very successful”, expressed the Kingdom’s appreciation for the EU’s support for Jordan’s reform efforts aimed at boosting the country’s democratic process.

“The meeting sessions were very fruitful as we exchanged ideas and views on the democratic discourse we have been undertaking and we briefed our European partners on the economic challenges and legislative changes that have started” as part of the political reform process, the premier said.

In response to a question about the ongoing demonstrations calling for reform, the premier said: “We do not underestimate the magnitude of the challenges that we face and we have to put things in perspective. Since the so-called Arab Spring started, successive governments have managed this popular traffic with utmost sense of responsibility via responding to the demands of the people without the use of force.”

READ MORE HERE:
http://jordantimes.com/eu-supports-jordan-with-3b-euros-over-three-years

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