EU leaders are also set to assist with the production of fertilisers in Africa, according to the latest draft conclusions of their regular summit later this week. — Reuters pic
Tuesday, 21 Jun 2022 7:49 PM MYT
BRUSSELS, June 21 —The European Commission proposed today to disburse unused funds initially destined for development projects in Africa to support African countries most exposed to the global food crisis caused by the war in Ukraine.
Millions of tonnes of grains are stuck in Ukraine, a crucial supplier to many poorer nations, because the country’s ports are blockaded because of Russia’s invasion.
The Commission’s proposal, if agreed by EU governments, would allow the disbursement of €600 million (RM2.8 billion) to boost support to countries most affected by the food emergency in Africa, the Caribbean and Pacific islands, a Commission statement said.
The move, which confirms what Reuters had first reported in May, is part of the EU’s efforts to win hearts and minds in Africa, and convince African partners that EU sanctions are not to blame for shortages of food and the high price of fertilisers.
EU leaders are also set to assist with the production of fertilisers in Africa, according to the latest draft conclusions of their regular summit later this week.
They will push for initiatives “to support the development of manufacturing capacity in developing countries of inputs, in particular sustainable fertilisers”, the draft text says.
It was tweaked to drop implicit support for production of chemical fertilisers that may not be sustainable, after criticism from the Commission.
The EU largely channels development aid to African, Caribbean and Pacific countries through the European Development Fund (EDF), a facility financed directly by EU governments. Some of these funds usually go to support agriculture in poorer nations.
However, committed resources are not always used in full. If not used, they are sent back to EU governments.
The EU was already providing emergency financial support to some of its most vulnerable neighbours.
It announced in April 225 million euros in aid to North Africa and the Middle East. — Reuters