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EU ADOPTS Â~B¬10 MILLION PROGRAM TO SUPPORT SMALL BUSINESS IN EASTERN PARTNERSHIP COURTIERS
July 03, 2013 | 02:04
The European Commission has adopted a â~B¬10 million program to
support Small and Medium Sized enterprises and trade opportunities
in the Eastern Partnership (EaP) countries.
"Our Eastern neighbors have been hit hard by the economic crisis.
Small and medium sized enterprises can play a key role in generating
jobs and economic growth because they respond quickly to opportunities
created by the market. It is therefore our crucial task to support
small businesses in the Eastern Partnership region," press release
quoted EU Commissioner for Enlargement and Neighborhood Policy Å tefan
Fule as saying.
The new program covers support to partner countries' institutions to
put in place and implement policy and legislative reforms in support
of small and medium sized enterprises; extension of the East-Invest
project, which supports Business Support organizations in the Eastern
Partnership countries and promotes trade opportunities between European
and Eastern Partnership companies; strengthening auditing and reporting
capacity of small and medium sized enterprises to improve their access
to financing in the Eastern Partnership countries.
Eastern Partnership includes Armenia, Azerbaijan, Belarus, Georgia,
Moldova and Ukraine.
News from Armenia - NEWS.am
From: Baghdasarian
July 03, 2013 | 02:04
The European Commission has adopted a â~B¬10 million program to
support Small and Medium Sized enterprises and trade opportunities
in the Eastern Partnership (EaP) countries.
"Our Eastern neighbors have been hit hard by the economic crisis.
Small and medium sized enterprises can play a key role in generating
jobs and economic growth because they respond quickly to opportunities
created by the market. It is therefore our crucial task to support
small businesses in the Eastern Partnership region," press release
quoted EU Commissioner for Enlargement and Neighborhood Policy Å tefan
Fule as saying.
The new program covers support to partner countries' institutions to
put in place and implement policy and legislative reforms in support
of small and medium sized enterprises; extension of the East-Invest
project, which supports Business Support organizations in the Eastern
Partnership countries and promotes trade opportunities between European
and Eastern Partnership companies; strengthening auditing and reporting
capacity of small and medium sized enterprises to improve their access
to financing in the Eastern Partnership countries.
Eastern Partnership includes Armenia, Azerbaijan, Belarus, Georgia,
Moldova and Ukraine.
News from Armenia - NEWS.am
From: Baghdasarian