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European Commission - Press release

More than €1 billion pledged in support for fresh start of Guinea-Bissau

Brussels, 26 March 2015

Pledges amounting to over €1 billion were announced at the International Conference in support of Guinea-Bissau in Brussels, which the European Union hosted on Wednesday together with the Government of Guinea-Bissau and the UN Development Programme (UNDP). The pledges, finalised last night, came from more than 70 delegations from all over the world. They include €160 million that will be provided by the EU.

"This significant pledge shows that the international community is committed to help Guinea-Bissau make a fresh start. I hope that the massive support will encourage the government to pursue its ambitions for reform and deliver on its strategic vision Horizon 2025 - for the sake of the people of the country and the stability of the whole region," said Neven Mimica, the European Commissioner for International Cooperation and Development.

On the basis of the priorities identified in the government's plan "Terra Ranka" for the coming five years, partners agreed to strengthen sectors including education, health, infrastructure, agriculture, governance and rule of law.

The participants in Wednesday's conference unanimously praised the progress made by the democratically elected authorities and paid tribute to their determination to consolidate democracy, the rule of law, economic recovery and poverty alleviation. They welcomed the fact that several partners have resumed full cooperation with Guinea-Bissau, including the EU which has just lifted Article 96 measures.

More information

IP/15/4663: A fresh start for Guinea-Bissau: EU to resume cooperation and provide new support

Guinea-Bissau: EU lifts restrictions on cooperation

The EU's relations with Guinea-Bissau

IP/15/4703

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