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Team Europe response to coronavirus in ASEAN

21/07/2020 - 04:00
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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.

 

Team Europe

 

In Europe and in the world, all minds are focused on actions to tackle the outbreak of COVID-19 and mitigate the effects of the crisis. The European Union (EU) works on all fronts to support these efforts.

The EU has launched its “Team Europe” package to support partner countries in the fight against the coronavirus pandemic and its consequences. The objective of the “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.

To date, the overall figure of the “Team Europe” package reaches almost 36 billion euros.

The support of the EU focuses on:

  • responding to the immediate health crisis and the resulting humanitarian needs;
  • strengthening health, water and sanitation systems, as well as partner countries’ capacities and preparedness to deal with the pandemic;
  • mitigating the immediate social and economic consequences, including support to the private sector with a focus on Small and Medium-sized Enterprises, and government reforms to reduce poverty.

 

Team Europe response to coronavirus in ASEAN

To support partner countries in the fight against the coronavirus and its consequences, the EU has launched the “Team Europe” approach. The objective of the "Team Europe" approach is to combine resources from the EU, its Member States and European financial institutions. "Team Europe" has mobilised over €800 million for the ASEAN region.

Download the factsheet HERE and see links below for more info.