EU reaffirms Mercosur commitment with E200 million aid
This article was originally published in Clinica
The countries of the Latin American trading bloc Mercosur are to receive European Union development assistance aid totalling E200m ($196m). The investment will support a co-operation strategy programme in each of the four countries of the Mercosur bloc. During the period 2002-06, Argentina will receive E65.7m, Brazil will get E64m, Paraguay E51.7m and Uruguay E18.6m, to help develop infrastructure, promote social and economic regeneration and trade investment, among other things.
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