Commission presents External Investment Plan

16.09.2016

Commission presents External Investment Plan

Following the announcement in the State of the Union, the European Commission yesterday introduced the External Investment Plan, with the objective of boosting investments in Africa and EU Neighbourhood countries. EU’s High Representative Federica Mogherini spoke of the ‘huge potential’ of countries in the Middle East and Africa and stated that “the new External Investment Plan will support our partners' economies and societies, as well as our strategic foreign policy goals, from security to global development”.The proposed External Investment Plan aims to create a large framework for cooperation and contribute to improving the global management of migration and development, and is based on the European Fund for Strategic Investment or 'Juncker Plan'. 

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