The European Union Commissioner for Enlargement Olli Rehn has reiterated the bloc’s support to the ongoing peace negotiations in Cyprus.
Mr. Rehn’s words came amid the adoption of the annual report for 2008 on the implementation of the aid programme yesterday.
259 million Euros in total were made available for the implementation of the aid programme over the period 2006-2011.
The programme has been aimed at facilitating the reunification of Cyprus by encouraging the economic development of the people of the North Cyprus.
Particular emphasis is on the economic integration of the island, the improvement of relations among the two peoples of Cyprus and the EU as well as the preparation for the EU’s legal order after reunification.
Funds made available under the aid programme can be used for investments in various fields such as waste water treatment, energy supply, water supply, telecommunications, village improvement projects and scholarships.
Reconciliation measures are also being supported within the framework of the EU aid programme.
By the end of May 2009, the total amount contracted under the aid programme reached 84.5 million Euros and the total amount disbursed 38.5 million Euros.
Remaining funds must be contracted before the end of this year, although implementation can follow in later years.
The money is being supplied within the framework of the Financial Aid Regulation which was prepared in appreciation of the support given to a UN Peace Plan by the people of the TRNC.
The Plan which was supported by the whole international community was rejected by the Greek Cypriots.
Their rejection blocked the way of a settlement in Cyprus.