March 30, 2011 - 20:52 AMT
EU initiates East Invest program to support of M&S businesses in Eastern Partnership states

EU initiated the East Invest new regional program for the development of trade and investment with Eastern Partnership states through support of medium & small businesses. The program presentation is due on March 31 in Brussels.

As the EU Commissioner for enlargement and European neighbourhood policy Stefan Fule stated, the program aims to support European Partnership states on the way to economic reforms towards EU integration.

EU allocated Euro 8,75 million to the project, APA reported.