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Estonia Supports Development of Infrastructure in European Union Neighbour Countries

18.11.2011

No. 372-E

Estonia would like for the Neighbourhood Investment Facility Trust Fund to help strengthen the connectivity of the infrastructures of the European Union and its neighbouring countries in the transport and energy sectors, and also to help resolve common environmental problems.

Foreign Minister Urmas Paet stated that the European Union’s partner countries are interested in utilising resources from the fund. Thus far the most important neighbour funding projects have been implemented to improve the electricity transmission and distribution network infrastructure in Ukraine, Moldova and Georgia. “We plan to support the building up of the waste management system in the Southern Caucasus, as well as the relocation of the Tbilisi railway junction from the centre of the city to the outskirts, which will help to reduce noise and air pollution and ensure quicker and more effective railway transit connections,” said Paet.

The Neighbourhood Investment Facility Trust Fund unites the loans given by European public monetary authorities with the financial support from the European Community and contributions made by member states. “The sums are more effective when they are all joined together and it is possible to fund large-scale activities, ensuring that EU development co-operation will have greater visibility in our partner states,” noted the foreign minister.

The Foreign Ministry is supporting the Neighbourhood Investment Facility (NIF) with over 1 million euros from during the 2011-2013 period. This year we are contributing 400 000 euros to the fund, in 2012 there are plans to allocate 300 000 euros, and in 2013 our donation will be 300 000 euros. In the period 2008-2010 we also supported the NIF Trust Fund with a total of one million euros.

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