26.7 C
Tuesday 3 August 2021
HomeAfricaMauritius gets 1.3m Euro to support regional integration

Mauritius gets 1.3m Euro to support regional integration

Mauritius Tuesday obtained 1.3 million Euros, representing the first tranche disbursed under the COMESA-led Regional Integration Support Mechanism (RISM) programme – under the 9th European Development Fund bankrolled by the European Union (EU).

The EU Delegation said in a statement that the specific objective of the programme was to support member-countries to participate more fully in the COMESA, East African Community (EAC) and Tripartite Free Trade Areas, as well as COMESA and EAC customs unions with minimum disruptions to public expenditure commitments, while enabling them to implement economic reform programmes in the context of regional integration.

EU’s Ambassador to Mauritius Alessandro Mariani said the Island nation had always shown a very strong commitment to regional integration.

”This provides Mauritius with the maximum flexibility in the use of these financial resources, based on the country’s priorities,” he said.


Please enter your comment!
Please enter your name here

- Advertisement -