The
European
Union and Ukraine on Monday signed a cooperation agreement that will
allocate €12 million ($17 million) from EU funds for the next for
years. The Joint Co-operation Initiative for Crimea Financing Agreement
will support economic development and contribute to reducing disparities
affecting certain regions in Ukraine. Under the terms of the deal, the
EU will allocate €12 million ($17 million) for the next four years. The
funds
will be particularly used in two sectors: tourism and attracting foreign
investment.
