Press Release: European Commission adopts EUR 27.3 million cooperation programme for Comoros

The European Commission approved a Country Strategy Paper (CSP) and an Indicative Programme for Comoros on 13 August 2002, outlining its cooperation with the country for the next five years (2002-2007). The main aim of this programme is to support the efforts by Comoros to reduce poverty and support economic and social development. It provides €20 million to support projects on education and decentralised co-operation. An additional sum of €7.3 million may be drawn on for unforeseen needs such as emergency assistance, debt relief and compensation for loss of export earnings.