Spain allocates $75m for cooperation with African countries – FM
Foreign News

Spain allocates $75m for cooperation with African countries – FM

The Spanish government will allocate $75 million (70 million euros) for cooperation with the African countries.

This is part of a “new phase” in relations, the country’s foreign ministry said on Wednesday.
“Spanish Minister of Foreign Affairs, European Union and Cooperation, Jose Manuel Albares, announced this on  Wednesday.
Albares said this is a new phase of relations with the African continent, “under which Spain will allocate 70 million euros for cooperation projects”.
“With this decision, Spain intends to contribute to the stability and prosperity of the continent, because of its role in solving global problems.
“This role, nowadays, is a reality that the international community must recognise,” the ministry said in a statement.
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These funds will be allocated towards the realisation of initiatives under the “Africa 2063” development blueprint.
This cooperation will be of particular importance for the development of food security in the region.
The statement also indicated that, together with the African Union, Spain contributed to the world summit.
The summit announced the commitment of  $257 million (236 million euros) to African countries.
In addition, the ministry noted that Spain has pledged to facilitate a high-level EU-Africa meeting on investment, job creation, student mobility and cultural ties.
Spain hopes to assume the rotating presidency of the Council of the European Union in July. (Sputnik)
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