EGX ends in red on August 20    Egyptian pound weakens against US dollar on August 20    Contact Reports Strong 1H-2025 on Financing, Insurance Gains    Egypt expresses 'deep dissatisfaction' to Netherlands over embassy attack    Global pressure mounts as Gaza fighting intensifies and death toll surges    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    At TICAD, Egypt's education minister signs pacts with Casio, SAPIX    Madbouly invites Japanese firms to establish industrial zone in SCZONE    Cairo, Tokyo sign LOI to expand educational cooperation, support for persons with disabilities    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Al-Sisi meets Qatar PM, Bahrain security adviser to discuss Gaza crisis, regional stability    Egypt's FM, Palestinian PM visit Rafah crossing to review Gaza aid    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



EU offers more aid to shore up democracy in its backyard

BRUSSELS: Europe in a policy sea-change Wednesday offered more funds for more reforms to fledgling democracies in its backyard, spawned by the Arab Spring or lying on its eastern flank.
Slammed in the past for propping up despots and turning a blind eye to rights abuses, the European Union offered a "top-to-toe" revamp of its neighborhood policy, linking aid, better trade, and even visas, to political and economic reform.
Despite the belt-tightening at work across the 27-state bloc, the EU is offering to pump in an extra €1.2 billion in the next two years — on top of €5.7 billion already budgeted.
Hailing winds of change, enlargement commissioner Stefan Fuele said the EU "needs to respond with determination and ambition" but warned support in the future would be linked to key benchmarks ranging from free elections to the fight against corruption and reform of law enforcement and security.
"This is not a one size fits all approach," said EU foreign policy chief Catherine Ashton. "Those countries who choose to move faster will be able to draw greater resources."
Europe's 16 neighbors include some where aid to regimes has been suspended though support to civil society continues — notably Belarus, Libya and Syria.
Others listed as EU neighbors are Algeria, Armenia, Azerbaijan, Egupt, Georgia, Israel, Jordan, Lebanon, Moldova, Morocco, the Palestinian Territories, Tunisia and Ukraine.
"The EU will uphold its policy of curtailing relations with governments engaged in violations of human rights and democracy standards," says a 40-page document outlining the policy U-turn, titled "A New Response to a Changing Neighborhood".
European help will come in a variety of ways, from direct aid for development projects to trade deals offering preferential access to EU markets, or finance from the European Investment Bank (EIB).
EIB lending to the southern Mediterranean is to increase by €1 billion while the EBRD, the European Bank for Reconstruction and Development set up to bolster former Soviet states, will extend operations to the Arab world, starting with Egypt.
The root aim of the new-look EU policy is to promote what the bloc describes as "deep democracy."
It is "the kind that lasts because the right to vote is accompanied by rights to exercise free speech, form competing political parties, receive impartial justice from independent judges, security from accountable police and army forces, access to a competent and non-corrupt civil service."
Under the new policy, the EU will track progress and "where reform has not taken place, the EU will reconsider or even reduce funding."
Revolts in Tunisia and Egypt caught the EU napping earlier this year despite billions in aid and a slew of trade deals struck during 15 years of a Euro-Mediterranean partnership.
Critics slammed the EU for regarding despots as bulwarks against extremism, and failing to enforce the very values founding the union.
"Europe bowed before these dictators, it paid no heed to repression," said Alain Deletroz, an analyst at the International Crisis Group. "Europe is bidding to open a new chapter carrying a heavy burden from the past."
European Commission president Jose Manuel Barroso said the almost €7 billion of support meant more than money.
"It is a tangible expression of our commitment to reforms in the partner countries," he said. "It shows we are serious in our desire to help those who aspire to political freedom and a better future.
"We all share one future. If we promote democracy and development, we foster stability and avoid instability," he added.


Clic here to read the story from its source.