EU gives $3m for shipping security
The European Union is scaling up its financial support to the EAC to fight maritime crime
EU gives $3m for shipping security
ARUSHA, Tanzania – The European Union is scaling up its financial support to the EAC to fight maritime crime in the Indian Ocean.
In a deal signed in Arusha last week, the EU is providing euro 2.3 million (about $3 million) to improve maritime security and create a favourable environment for economic development in the region.
The EU is supporting EAC efforts to fight piracy, drugs and human trafficking, arms smuggling, illegal fishing and maritime pollution. These are considered serious threats that can undermine peace and stability, deplete the natural resources, and increase the cost of doing business in the EAC region.
The EU Ambassador to Tanzania and EAC, Filiberto Sebregondi, said, “Improving maritime security is key to create favourable conditions for economic growth and social development. The Maritime Security (MASE) Programme will support the EAC in taking part in global and regional efforts towards a safer Eastern Africa.”
The Maritime Security (MASE) Programme is part of a euro 37.5 million package to four regional organisations of Eastern and Southern Africa.
They include the East African Community (EAC), the Common Market for Eastern and Southern Africa (COMESA), the Inter-Governmental Authority on Development (IGAD), and the Indian Ocean Commission (IOC).
The programme is expected to strengthen regional capacities to implement the Regional Strategy and Action Plan against Piracy and for Maritime Security adopted in 2010.
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Source: busiweek.com
