June 22, 2022
1 min read

EU to disburse 600 mn euros to counter world food crisis

This comes on top of an existing package of the EU’s 3 billion euros ($3.16 billion) for global food security, tweeted von der Leyen…reports Asian Lite News

The European Commission proposes to disburse 600 million euros ($633 million) on top of existing EU support to help regions hit by the current food crisis, said European Commission President Ursula von der Leyen.

“To help our partners we will mobilise an additional 600 million euros ($633 million) to avoid a food crisis and an economic shock,” she added on Tuesday at the 2022 European Development Days.

The money will come from the European Development Fund, and will be used to support African, Caribbean and Pacific countries to counter the looming food crisis, Xinhua news agency reported.

The countries will receive 150 million euros ($158 million) for humanitarian assistance, 350 million euros ($369 million) for sustainable production and resilience of food systems, and 100 million euros ($105 million) in macro-economic support.

This comes on top of an existing package of the EU’s 3 billion euros ($3.16 billion) for global food security, tweeted von der Leyen.

Investments in food production and resilience of food systems are especially important, von der Leyen added.

ALSO READ-‘We can’t allow unions to win over rail strikes’

Previous Story

First batch of Haj pilgrims from Telangana departs

Next Story

SPECIAL: Why the Covid menace dogs China?

Latest from -Top News

UK Govt Outlines New Approach at G20

UK is resetting its relationship with countries in the Global South and helping countries exit the need for aid The UK is resetting its relationship with countries in the Global South and

Cumbria project finalist in global river awards

Cumbrian River Restoration Partnership Programme selected as finalist in the Thiess International Riverprize Awards. Winner announced in Brisbane in September…reports Asian Lite News The Cumbrian River Restoration Partnership Programme has been named

AUKUS treaty deepens UK-Australia defence ties

Foreign Secretary and Defence Secretary in Australia alongside UK’s Carrier Strike Group – demonstrating government’s commitment to a free and open Indo-Pacific…reports Asian Lite News A new 50 year AUKUS treaty will

US Eyes Plan B for Gaza Ceasefire

The US negotiating team is returning home from Qatar for consultations upon Hamas’ latest response which he called “selfish”…reports Asian Lite News US Special Envoy to the Middle East, Steve Witkoff, has

Modi Lands in Malé for Big Day

PM Modi is visiting the Maldives at the invitation of President Muizzu to participate as the Guest of Honour at the country’s 60th Independence Day celebrations…reports Asian Lite News Prime Minister Narendra
Go toTop

Don't Miss

UAE to supply camel milk to EU Countries

European Commission approves UAE camel milk for continued export to

Celebrate X’mas with special crinkle cookies

Ingredients Method ALSO READ-Simple winter snack recipes