FM, EU official seek further economic cooperation

Minister of Foreign Affairs and Expatriates Ayman Safadi along with European Union Commissioner for Neighbourhood Policy And Enlargement Negotiations, Oliver Varhelyi, held talks that focused on economic cooperation between Jordan the EU.The EU officia…

Minister of Foreign Affairs and Expatriates Ayman Safadi along with European Union Commissioner for Neighbourhood Policy And Enlargement Negotiations, Oliver Varhelyi, held talks that focused on economic cooperation between Jordan the EU.

The EU official affirmed the block’s readiness to start providing financial support within the framework of the soft loan approved by the Union as soon as a 500 million euros agreement is signed, which will be completed in the coming days.

Safadi and Varhelyi discussed cooperation programs to confront the novel coronavirus and its economic impacts.

The two sides reviewed the latest developments in the Middle East region, and the exerted efforts to solve them, as well as, achieving security and stability in the region.

Safadi highlighted the European Union's support for the Kingdom, as the EU has allocated a total of 500 million euros, approved in January, allocated to Amman within the framework of the euro macro-financial assistance (MFA) package, and another 200 million euros as a soft loan that was approved in June.

The MFA is part of the EU's wider engagement with neighbouring and enlargement countries and is intended as an exceptional EU crisis response instrument.

Source: Jordan News Agency - Petra