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Additional Aid

Volume 205: debated on Monday 16 March 1992

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To ask the Secretary of State for Foreign and Commnwealth Affairs what proposals have been made by the European Community for additional subsidies, grants and loans to north African countries and Jordan; and if he will state the amounts involved.

As part of the Community's new Mediterranean policy, European Community Foreign Ministers agreed in 1991 to the following new series of financial protocols for 1992–96;

Grants and risk capitalLoans
ecus million£ millionecus million£ million
1 Approximate.
The above countries and others are also eligible for 300 million ecu—£210 million—in grants in support of structural adjustment; and for 230 million ecu—£161 million—in grants and 1,800 million ecu—£1,260 million —in loans for horizontal co-operation—projects benefiting more than one country in the region.