The Government of Liberia has signed a new Economic Cooperation Agreement with the European Union (EU), under the theme, “Moving Liberia Forward.” According to the Executive Mansion, the signing of the new Economic Cooperation Agreement is a direct dividend of President Weah’s trip to the European Union while participating in this year’s European Development Days (EDD) Summit.
At the Summit, the Executive Mansion says President George Manneh Weah assured the European Union and other International Partners that every dime invested in Liberia will be accounted.
President Weah says projects will be delivered for the benefit of the Liberian people. In keeping with the Agreement, the EU has given an initial 27 million Euros towards direct budget support for the 2018/2019 fiscal year, the Mansion adds.
The Agreement notes that the funds will be made available effective within the shortest possible time as of the signing. It says it is the first of many contributions to be made to Liberia under the “Moving Liberia Forward Europe-Liberia Partnership Agreement”.
Liberia’s Finance and Development Planning Minister Samuel D. Tweah signed on behalf of the Government of Liberia, while the EU Commissioner for International Cooperation and Development Neven Mimica signed on behalf of the European Union.
The EU is one of Liberia’s dependable partners that have over the years made enormous contributions toward peace, security and the overall development and reconstruction of the country.–Press release