The projects of the African Portuguese Speaking Countries and Timor-Leste (PALOP-TL) financed by the European Union will be finalised on Thursday and Friday during technical meetings held in Praia, the capital of Cabo Verde (Cape Verde).

The ministerial meeting on Friday, which will assess the projects to be financed by the 11th European Development Fund, with the participation of the Director General for International Cooperation and Development of the European Commission, Stefano Manservisi.

The meeting’s organisers said in a statement that “the high point of the meeting will be the assessment of the projects identified for implementation in the period until 2020, which will have a budget of 30 million euros in funding from the 11th European Development Fund.”

Cooperation between the Portuguese-speaking African countries and Timor-Leste (PALOP-TL) and the European Union, which will turn 25 in 2017, falls within the framework of global partnership between the group of African, Caribbean and Pacific (ACP) countries and the European Union provided for in the Cotonou Agreement.

The programme aims to support the development efforts of Angola, Cabo Verde, Guinea-Bissau, Mozambique, Sao Tome and Principe and Timor-Leste in strengthening cooperation in areas of common interest. (macauhub)