Team Europe mobilises over €800 million to support fight against the coronavirus in the ASEAN region
To support partner countries in the fight against the coronavirus and its consequences, the European Union has mobilised a “Team Europe” package of over €800 million for the ASEAN region. Following this “Team Europe” approach, the EU combines its resources with those of EU Member States and financial institutions. The funds will support actions at country and regional level to address the immediate health crisis, strengthen health, water and sanitation systems, as well as mitigate the socio-economic impact.
EU Ambassador to ASEAN Igor Driesmans said: “We are facing an unprecedented health crisis with severe consequences in the EU and ASEAN. In the spirit of our strong cooperation, building on four decades of region-to-region partnership, we have mobilised a “Team Europe” package of over €800 million to assist ASEAN and its Member States to alleviate the economic and social impacts of the coronavirus pandemic.”
The package includes regional support to the WHO, as well as to enhance collaboration between scientific organisations. In ASEAN Member States, programmes target civil society support, budget support for economic recovery, health care facilities and testing capacities, as well as humanitarian assistance.
The EU is working with ASEAN on a regional level to exchange experiences in regional responses to the crisis. The first virtual EU-ASEAN Foreign Ministers Meeting held on 20 March 2020 agreed that both regions would work together to deal with the Coronavirus crisis and its consequences.
The European Union has launched a “Team Europe” package of almost €36 billion to support partner countries around the globe. The objective of this “Team Europe” approach is to combine resources from the EU, its Member States, and financial institutions, in particular the European Investment Bank and the European Bank for Reconstruction and Development.
On the ASEAN regional level, “Team Europe” funds will:
In individual ASEAN Member States “Team Europe” funds:
Examples of activities of EU-ASEAN development cooperation programmes:
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