PACP States Submit Two Projects For Funding

PACP States Submit Two Projects For Funding Under 10 EDF

Trade Officials from Pacific-ACP States agreed at a meeting in Nadi, Fiji on 4th May to submit an Identification Fiche comprising two projects to the European Commission for consideration for funding under the Pacific Regional Indicative Programme financed under the 10th European Development Fund.

The projects selected by Pacific-ACP States are being undertaken by the Office of the Chief Trade Advisor (OCTA) for PACER Plus and the Melanesian Spearhead Group (MSG) Secretariat.

The European Commission has not yet agreed to fund either proposal. Both proposals have been under consideration by Pacific-ACP States since early 2009 and have undergone previous technical assessments

Should the Identification Fiche be approved, the two projects will proceed to a further design stage, at the completion of which funding may be awarded. If successful, the projects may receive funding in early 2011.

These two projects are among other regional projects considered for funding under the Aid for Trade allocation under the Focal Sector 1 of the EDF 10 Regional Indicative Programme.

ENDS.

© Scoop Media