Namibian govt and EU sign NIP agreement worth N.dollars 920 million (Euro 68 million) towards education, skills development and agriculture in Namibia

WINDHOEK: The Namibian government and European Union (EU) yesterday signed the National Indicative Program (NIP) agreement worth about N.dollars 920 million (Euro 68 million) towards education, skills development and agriculture in Namibia.

Minister in the Presidency in charge of Economic Planning and Director-General of the National Planning Commission (NPC), Tom Alweendo and the Head of the European Union (EU) Delegation to Namibia, Ambassador Raul Fuentes Milani signed the NIP for the period 2015-2020 on behalf of the two parties.

Namibia received more than N.dollars 1 billion from the EU under the NIP over the period of 2008-2013.

Speaking at the signing ceremony in the capital, Milani said due to the maturity of Namibia in leading its development, the EU is of the opinion that there is no need to write a separate country strategy as was done in the past.

He said they have instead chosen to align the EU support to the fourth National Development Plan (NDP4), which with its focus on economic growth, employment and fight against inequality is perfectly aligned with our own vision on development.

The partnership between the European Union and Namibia is based on the ACP-EU Cotonou Partnership Agreement, which is a landmark for EU willingness to make a significant contribution to sustainable development and the gradual, regional and global integration of African Caribbean and Pacific countries into the world economy.

SOURCE: Nampa