Press Release: Commission allocates EUR 68 million in development aid from 2004-2007 to eight Overseas Countries and Territories

Author (Corporate)
Series Title
Series Details IP/04/1008 (30.7.04)
Publication Date 30/07/2004
Content Type

The European Commission has allocated €68 million from the European Development Fund (EDF) to development aid to eight Overseas Countries and Territories (OCT): Anguilla, Falkland Islands, French Polynesia, Montserrat, New Caledonia, Pitcairn, St. Helena and dependencies, and Turks and Caicos. The main objective of the aid is to support the economic and social development of the OCTs. A strong emphasis will be put on developing the tourism sector, an important potential source of income for the local economies.

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/04/1008&format=HTML&aged=0&language=EN&guiLanguage=en
Related Links
European Commission: DG Development: Overseas Countries and Territories (OCTs) https://ec.europa.eu/europeaid/node/317

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