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Laurence Meredith, the European Commission’s Director for Relations with the Eastern Neighborhood and Institution Building, names the five pillars that the EU is focused on financing in upcoming years in Georgia. According to him, Georgia will receive significant financial support from the EU in the areas of transport, digital technologies, regional development, small business promotion and the environment.
These projects are part of the € 3.9 billion financial assistance that Georgia will receive in the form of loans and grants from the European Union in the coming years. The European Union itself has introduced a multibillion-dollar funding package for the Eastern Partnership member states in the summer of 2021.
“In the course of our visit we will be launching five flagship initiatives for Georgia. The first two flagship projects concern the Black Sea and we will be looking at connectivity both in terms of transport, but also digital.”