23 Aug 2018
EUROPEAN COMMISSION DAILY NEWS – 23 AUGUSTBrussels Daily
European Commission adopts support package for Iran, with a focus on the private sector
The Commission today adopted a first package of €18 million for projects in support of sustainable economic and social development in the Islamic Republic of Iran, including €8 million assistance to the private sector.
Today’s projects are the first of a wider package of €50 million for Iran, aiming to support the country to address key economic and social challenges. They are part of the renewed cooperation and engagement between the European Union and Iran following the conclusion of the Joint Comprehensive Plan of Action (JCPOA).
High Representative/Vice-President Federica Mogherini said: “Since the renewal of the EU-Iran relations as a result of the Iran nuclear deal, cooperation has developed in many sectors. We are committed to sustain it and this new package will widen economic and sectoral relations in areas that are of direct benefit to our citizens”. More information here