Page 154 - SEVEN STEPS for COMPREHENDING the EUROPEAN UNION
P. 154

153



            EU bilateral assistance to Georgia

            The priority areas of the Multiannual National Indicative Program for
            Georgia 2021-2027 reflect the structure of the EU-Georgia Association
                                                                124
                           123
            Agenda 2021-2027 , which in turn is built on the five priorities  that
            have been endorsed by the EU and the Eastern Partnership political
            leaders in June 2020. The Program  includes EU bilateral assistance,
            technical assistance and grants.
                Since 2007, the EU multiannual assistance to Georgia amounted to:
            2007-2010: EUR 120.4 million; 2011-2013: EUR 180 million; 2014 - 2016: EUR
            350 million; 2017 - 2020: EUR 450 million euros.
                For  the  period  of  2021-2024,  some  EUR  340  million  has  been
            allocated  for the  above-mentioned  five priority areas:  1:  Resilient,
            sustainable and integrated economy EUR 119 million, 2: Accountable
            institutions, the rule of law and security EUR 51 million, 3: Environmental
            and climate resilience EUR 68 million, 4: Resilient digital transformation
            EUR 34 million, 5: Resilient, gender-equal, fair and inclusive society EUR
                                                125
            51 million, Support measures EUR 17 million .
                Since 2021, Georgia has also been benefiting from the EU Economic
                             126 127
            and Investment Plan ,  - the EU mobilized over EUR 1.9 billion in public
                                128
            and private investments , including for flagships jointly identified with
            the Georgian authorities. The five flagship initiatives for Georgia are: 
                1.   Black Sea connectivity — improving data and energy
                    connections with the EU – Euro 25 million.

            123  https://mfa.gov.ge/pfiles/files/2021-2027-EU-Georgia-Association-Agenda-EN.pdf
              On 18 March 2020, the European Commission adopted the joint communication “Eastern
            124
              Partnership policy beyond 2020: Reinforcing Resilience – an Eastern Partnership that
              delivers for all”.
            125  https://neighbourhood-enlargement.ec.europa.eu/system/files/2022-08/C_2022_5658_
              F1_ANNEX_EN_V2_P1_2019350.PDF
            126
               https://neighbourhood-enlargement.ec.europa.eu/news/georgia-eu-annual-
              report-notes-some-progress-association-agreement-implementation-while-
              highlighting-2022-08-13_en
            127   https://neighbourhood-enlargement.ec.europa.eu/european-neighbourhood-policy/
              countries-region/georgia_en
            128
               For comparative outlook - In 2020, the Economic and Investment Plan (EIP) for the
              Western Balkans until 2027 mobilized up to Euro 30 billion. For Montenegro, the EU
              allocated Euro 1 billion in investments, out of which €295 million in grants.
   149   150   151   152   153   154   155   156   157   158   159