European Union Approves EUR 20 Million Aid for Georgia

| News, Economy, Georgia

As part of the European Peace Facility, the Council of the European Union approved another financial aid package for Georgia in 20 million euros. As part of the Common Defense and Security Policy, the aid is intended to advance Georgia's collaboration with the EU and boost the country's defense capabilities (CSDP).

According to a press statement from the Georgian Defense Ministry on December 9, for the first time, the new assistance will help Georgia in cyber security. The aid package will improve Georgia's transport, military engineering, and medical capacities. Georgia has already received twice financial support from the EU for defense and security objectives.

According to the Ministry, the decision to increase aid once again demonstrates that Georgia is, for the European Union, the most important and reliable partner in the region, and both sides have a strong interest in deepening cooperation in the field of defense and security, including to increase resilience to various hybrid threats.

Earlier, Caucasus Watch reported that the European Union would allocate up to EUR 2 billion to Azerbaijan to contribute to the state's efforts to diversify the economy further, create jobs within the country, and promote inclusive rural development.

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