EU to invest €20m on road linking Eritrea, Ethiopia

2019-02-10 11:55:38

European Union (EU) International Cooperation and Development disclosed yesterday that it is injecting €20 million to road reconstruction project linking Ethiopia and Eritrean ports.

Neven Mimica, European Commissioner for International Cooperation and Development, said that the EU is determined to support the two countries, as reported by Ethiopian Broadcasting Corporation (EBC)

The project is believed to foster trade relation between the two countries, create employment opportunities and strengthen peace and stability in the region.

Ethiopia and Eritrea ended two decades of no peace-no war relation in June 2018 after Prime Minister Abiy Ahmed’s administration rapprochement policy by accepting the boundary commission’s decision of the Algeris Peace Agreement.