Homepage  Homepage     Search on site  Search on site     To write the letter  To write the letter     Site map  Site map
Agro Perspectiva
We are on: 
   

Photoblog

 


Home > News

EBRD and EU boost export opportunities in Eastern Partnership countries

20.12.2019 14:08 "Agro Perspectiva" (Kyiv) EU4Business-EBRD credit line extended to Armenia, Azerbaijan and Belarus

EBRD to provide over EUR250 million in loans, complemented by EUR67.6 million in EU grants

Increased funding for small businesses to meet higher standards and increase exports

Finance to build green and competitive businesses, boost trade with EU and build more integrated economies

The EBRD and the European Union (EU) are stepping up their support for small and medium-sized enterprises (SMEs) in Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine with new financing.

The Bank will provide over EUR250 million in credit lines to local financial institutions to make businesses across the regions where the EBRD operates more competitive. The loans will help SMEs benefit from the opportunities brought about by the Deep and Comprehensive Free Trade Areas (DCFTA) as well as other EU Partnerships Agreements, such as the EU-Armenia Comprehensive and Enhanced Partnership Agreement.

Meanwhile, the EU is providing EUR67.6 million in grants to support these investments through technical assistance, which will raise awareness of green technologies with high market potential and encourage sub-borrowers to adopt them by providing investment incentives. The EU is also supporting local currency financing.

The new funds are expected to be available in all six countries of the Eastern Partnership. The EU4Business-EBRD credit line is already available in Georgia, Moldova and Ukraine, countries which have already signed the Deep and Comprehensive Free Trade Agreement with the EU.

Close trading links with the EU, the worlds largest market, come with many benefits to businesses and people. They ensure high standards of products and services for consumers. At the same time, they help build competitive and export-oriented businesses, which, in turn, boosts economic growth.

Since 2016 the EU4Business-EBRD credit line has supported more than 250 enterprises, ranging from furniture producers and agribusinesses to tourism operators and businesses active in most sectors of the economy.

«This is a flagship project for the EBRD and our key partner, the EU, in the region,» said Pierre Heilbronn, EBRD Vice President, Policy and Partnerships. «We work together to improve peoples lives and build sustainable and integrated economies. It underlines the success and positive impact of our joint work that we are now in a position to extend our credit line to more countries.»

Christian Danielsson, Director — General for Neighbourhood and Enlargement Negotiations at the European Commission, said: «The EU is proud to extend its support to SMEs across the Eastern Partnership making the region closer to the EU through trade opportunities, providing access to finance in local currency and progressing on the green agenda together with partner countries».

The EBRD is a leading institutional investor in Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine. To date, the Bank has invested close to EUR27 billion in the six countries in over 1,200 projects.

Agro Perspectiva

< Global production of wood products posts highest growth in 70 years All news for
20.12.2019
Prospects for U.S. dairy exporters have improved markedly as 2020 >

17.02.2020  
17:02 Casein export prices remained stable during the week
16.02.2020  
18:56 Ukrainian crude sunoil quotes
16:51 Black sea wheat prices fell again
10:43 Prices for Ukrainian whey decreased
13.02.2020  
21:55 DP World entering Ukraine via buying controlling stake in TIS Container Terminal Ukraine
21:05 IMF notes active dialogue with Ukraine on new program, finds it difficult to name possible term for its approval
12.02.2020  
23:45 Taiwan: Taiwan Requires New Dairy Certificates Effective May 1, 2020
23:00 Cabinet Establishes State Debt Management Agency
22:35 Foreign Sorghum Exports Lowest Since 2005/2006
11.02.2020  
21:00 Palm Oil Exports Constrained By Lower Exportable Supplies
15:15 Rada suspends debate on land market until next week
15:10 India: 2020-21 Budget Raises Tariffs on Several Agricultural Products
15:05 American Chamber of Commerce urges president to veto bill with regulation of cigarettes trade margin
07.02.2020  
17:20 EBRD provides EUR15 million to Piraeus Bank Ukraine
03.02.2020  
12:30 FAO appeals for urgent support to fight worsening Desert Locust upsurge in the Horn of Africa
02.02.2020  
12:45 Overfishing of the worlds major tuna stocks going down, bycatch and pollution reduced and 18 new areas protecting vulnerable marine ecosystems established
29.01.2020  
17:00 Indonesias Ministry of Agriculture released updated oil palm area data, significantly increasing overall plantation hectares
16:40 Alarm over Desert Locusts increases as new generation of the destructive pests starts breeding in Horn of Africa
27.01.2020  
11:15 Global orange production for 2019/2020 is forecast to fall to 47.5 million metric tons
23.01.2020  
16:25 MHP EU certified poultry production facilities have ceased exports to the EU countries
15:57 Over 11 percent of agricultural farmland in Denmark is used for organic production
22.01.2020  
12:20 Groundbreaking ceremony marks start of a new BASF production hub for crop protection in Singapore
11:25 Tetra Pak launches first virtual marketplace for food and beverage manufacturers
16.01.2020  
17:35 Worlds first registration for BASF insecticide Broflanilide in Australia
11:25 China Lowers Applied MFN Tariff Rates on Selected Agricultural Products
14.01.2020  
13:20 Ukrzaliznytsia pays around $24 mln on eurobonds
13.01.2020  
12:55 Chicken Meat production in China is estimated at 14,8 MMT in 2020 - report of the USDA
11.01.2020  
16:10 Pork production in China is estimated at 36 MMT in 2020 - report of the USDA
12:35 Thailand Rice Exports Plunge Amid Production Declines, Global Competition
10.01.2020  
11:15 World food prices continue rising in December
09.01.2020  
14:25 MY 2018/19 corn production in Brazil is estimated at a record 101 MMT
08.01.2020  
16:15 ChemChina and Sinochem announced that they are consolidating their agricultural assets into a new holding company Syngenta Group
13:10 Japan Prepares to Allow Preventative ASF Culls in Case of Outbreak
11:35 Cargill reports fiscal 2020 second-quarter results
03.01.2020  
11:45 Summer drought in the EU caused poor pasture conditions and led to forage shortages
26.12.2019  
11:25 The 2019 milk output forecast for Australia is revised down by 2 percent to 8.8 million tons
24.12.2019  
18:55 Rice export prices increased around 1 percent due to the strengthening of the Thai baht
11:40 Prospects for U.S. dairy exporters have improved markedly
21.12.2019  
10:30 In 2019/20, China wheat imports are forecast at 3.2 million tons
20.12.2019  
16:35 Prospects for U.S. dairy exporters have improved markedly as 2020
14:08 EBRD and EU boost export opportunities in Eastern Partnership countries
10:05 Global production of wood products posts highest growth in 70 years
09:55 Ukraine's Statistics Service revises GDP growth forecast in Q3 downwards: to 4.1% from 4.2%
09:30 World coffee production for 2019/20 is forecast 5.3 million bags
18.12.2019  
17:55 European Union provides 82 million for an FAO-led initiative targeting rural communities in Papua New Guinea
17:08 Ukrainian pet food producer Kormotech expands to Lithuania
10:05 FAO and the Chinese Academy of Fishery Sciences strengthen efforts to build sustainability in fisheries and aquaculture
09:00 Global 2019/20 oilseed production is forecast at 574.6 million tons
14.12.2019  
21:30 Germany launches 20 million programme with FAO and UNDP to boost the agriculture sectors role in addressing climate change
13.12.2019  
17:00 Greater innovation needed to fight climate change, poverty and hunger

Also available: 

Agrarian Week in digital



READ ON-LINE




NewsNews - News - News - News - News - News
BriefWeekly Reports - Free article
SubscriptionTariff - News&Reports
AdvertisingMagazine - Site
ConferencesForum AGRO-2013 - DAIRY WORLD-2008 - FERTILIZERS-2010
Statistics
For our clientsAgroNewsDaily - Ukrainian Grain&Oilseed Market - Fertilizers - Milk Monthly - Milk Weekly
About usAbout project - Contact
.      1991 . .      1991 .
2002 -2020 © Agrarika, ltd.
tel.: +38 (044) 486-9171, 486-8119
fax: +38 (044) 486-8830, 494-4889
e-mail: info@agroperspectiva.com