EU to allocate €40 million to Moldova and €30 million to Georgia
The EU Council, within the framework of the European Peace Fund, will support the defense sector of Moldova and Georgia. The first will receive €40 million, the second €30 million.
The head of EU diplomacy, Josep Borrell, said that the assistance will support the modernization of the potential of the armed forces of Moldova and the defense forces of Georgia. The allocated funds will help improve the operational efficiency of the armed forces of the two countries and accelerate their compliance with EU standards.
“We are helping to strengthen their (Moldova and Georgia. – Profile) defense sectors and increase their ability to participate in EU military missions and operations,” Borrell said. His words on Thursday, May 4, quotes Interfax.
This is the third package of assistance provided by the European Peace Fund to Moldova and Georgia. According to Borrell, this highlights “the EU’s unwavering commitment to security and stability in the region.”
In March, it was reported that Moldova and Georgia receive from the UK £10.5m to counter “outside interference”. Chisinau will receive £10 million to “strengthen resistance to malicious interference.” The funds are planned to be directed to economic reforms, including in the energy sector. Tbilisi will allocate £500,000 for “free and fair elections” in 2024.