EU to provide 200 million euros to boost South Caucasus connectivity, von der Leyen says
AI Summary
The European Union will allocate up to €200 million in grants to enhance transport, energy, and digital infrastructure links in the South Caucasus region. This funding aims to improve regional connectivity, supporting economic development and integration.
BAKU, July 1 - The European Union will provide up to €200 million ($228 million) in grant funding to boost transport, energy and digital links across the South Caucasus, European Commission President Ursula von der Leyen said during a visit to Baku on Wednesday.