The European Commission will provide an additional 71 million euros (USD90 million) to the Palestinian territories. This is on top of the 224 million euros the commission already allocated for the territories in its 2010 neighborhood and partnership funding instrument.
“The Palestinian people can count on our continued support,” said Catherine Ashton, the European Union high representative for foreign affairs and security policy, in a news release.
“The money will be used to support the social and economic development priorities of the Palestinian Authority,” she added. “Significant support will be given to improving the security and rule of law, which are key in building the Palestinian statehood.”
The funds will be coursed through PEGASE, the bloc’s assistance mechanism for the Palestinian territories. PEGASE was launched in February 2008.
Meanwhile, a Libyan aid ship bound for Gaza is now heading to Egypt, according to BBC. The vessel, sent by Libyan charity Gaddafi Foundation, was intercepted by Israel and was forced to change direction.
The Gaddafi Foundation explained that while it wanted to reach the Gaza Strip, it would not risk a violent encounter.