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EU Urges Members To Provide More Aid To Ex-Soviet Nations

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  • EU Urges Members To Provide More Aid To Ex-Soviet Nations

    EU URGES MEMBERS TO PROVIDE MORE AID TO EX-SOVIET NATIONS

    Deutsche Welle
    Feb 23 2009
    Germany

    The EU Commission has called on EU nations to provide more aid
    for Ukraine and four other ex-Soviet states as part of a proposed
    "Eastern Partnership" program aimed at making the bloc's Eastern
    doorstep more stable.

    EU External Relations Commissioner Benita Ferrero-Waldner said on
    Monday, Feb. 23, that the European Union has a "crucial strategic
    interest" in Armenia, Azerbaijan, Georgia, Moldova and Ukraine.

    Unveiled by the European Commission last December, the "Eastern
    Partnership" foresees granting some 350 million euros ($448 million)
    in extra help between now and 2013 to the EU's ex-Soviet neighbors.

    Speaking on the sidelines of a meeting of EU foreign ministers in
    Brussels on Monday, Ferrero-Waldner said the bloc's so-called "Eastern
    Partnership" had gained urgency in the wake of the August conflict
    between Georgia and Russia and January's gas standoff between Russia
    and Ukraine.

    "The 'Eastern Partnership' is a very timely initiative that needs
    to be implemented," Ferrero-Waldner said, adding that problems in
    Eastern Europe "affect us directly."

    Eastern Europe has been hard hit by the global slowdown with many
    countries facing rising popular anger as cash-strapped governments
    cut spending.

    Ukraine, which received billions in aid from the International
    Monetary Fund last year, has seen widespread demonstrations as its
    economy crumbles and savers rush to pull out money from banks.

    Democratic progress

    The plan aims to promote economic and political stability in the
    countries and reduce Russia's influence in the region. It includes
    free trade agreements, visa waivers, financial aid and economic
    integration with the EU.

    In return, the eastern neighbors are expected to step up progress
    toward economic modernization, democracy, the rule of law and human
    rights.

    The "Eastern partnership" scheme is to be approved at an EU summit
    next month and launched in May.

    But some EU member states have expressed reservations about the
    proposal.

    France, which pushed the EU's Mediterranean Union project last year,
    is reported to fear that increasing funding to the bloc's eastern
    neighbors would shift the EU's strategic focus away from North Africa
    and the Middle East.
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