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Seychelles: EU agrees to provide an envelope 760.000 euros to the Archipelago




The European Union has officially recorded last week the release of a budget of 760,000 euros to the Seychelles authorities. This substantial assistance will support the development of the archipelago.
 
The funding would be injected in the public and private sectors to liberalize trade including the Seychelles and consolidate access to Seychelles economic market.
 
The member countries of the euro area are major trading partners of the Seychelles, with 66 % of exports from countries that are moving towards the European Union. The EU also accounts for 33 % of imports of the archipelago.



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