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EU and AU bet on closer cooperation ties

Security and protection, employment and growth, as well as migration, will be other topics to address, detailed the AU.


Devdiscourse News Desk 18 May 2018, 12:43 AM
  • The aim of the EU to strengthen its position in the African region, in the opinion of experts, is to launch an investment plan. (Image Credit: Twitter)
The African Union (AU) is studying mechanisms to strengthen cooperation with the European Union (EU) on infrastructure promotion, in order to reduce poverty, promote sustainable development and inclusive growth.
 
From now on, conversations will be held in this regard between the continental blocs, although it was not specified when. 

The pan-African entity revealed that the EU will allocate 20 percent of its entire development portfolio to projects to deal with climate change and will support the 2030 Agenda through the incorporation of sectoral actions, especially in transport, new technologies, energy, urban planning, and resources water 

During these meetings, in particular, the challenges related to resilience, adaptation, and mitigation of the consequences of natural disasters will be addressed, as per Prensa Latina.

Security and protection, employment and growth, as well as migration, will be other topics to address, detailed the AU.

According to the reports issued, both organizations maintain close collaboration, through various frameworks, such as the Cotonou Agreement and the Strategic Partnership. 

In addition to these agreements, relations also take place through formal dialogues, such as the European Union-Africa Summits. 

The aim of the EU to strengthen its position in the African region, in the opinion of experts, is to launch an investment plan with which they intend to mobilize 44 billion euros, mainly from private hands. 

In this sense, analysts warn that projects should have among their purposes, the creation of jobs, particularly women and youth because 60 percent of the population in the continent is less than 25 years. 

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