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Donors Raise A10.8 Million To Promote Peace In South Ossetia

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  • Donors Raise A10.8 Million To Promote Peace In South Ossetia

    DONORS RAISE A10.8 MILLION TO PROMOTE PEACE IN SOUTH OSSETIA

    AP Worldstream
    Jun 14, 2006

    International donors raised A10.8 million (US$13.6 million) Wednesday
    to promote peace and reconciliation in Georgia's breakaway South
    Ossetia region.

    The money will be used in social projects to bring together the
    region's Ossetian and Georgian communities, said Peter Semneby,
    the European Union's top envoy to the South Caucasus region.

    "We are looking forward to the EU's engagement in conflict resolution,"
    in the region said Georgia's Prime Minister Zurab Nogaideli who
    attended talks in Brussels with donor nations and EU officials.

    The EU and its member states will contribute about two-thirds of the
    amount, with Russia and the United States making up the rest.

    Semneby was optimistic that the EU could wrap up agreements to improve
    political, economic and security ties with Georgia and its neighbors
    Armenia and Azerbaijan within a few months to guide the three Caucasus
    republics into the EU's "neighborhood policy."

    The EU hopes such talks will help resolve territorial disputes in
    the region.
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