EU resumes cooperation with Guinea, releases aid funding

by Reuters
Monday, 27 January 2014 13:58 GMT

Soldiers stand on the remains of a house that was burnt down during pre-election communal violence in the Taouyah neighbourhood of Guinea's capital Conakry, September 25, 2013. REUTERS/Tommy Trenchard/

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€140 million in aid money has been released by the European Union to Guinea

CONAKRY, Jan 27 (Reuters) - The European Union has released 140 million euros ($192 million) in aid to Guinea after resuming full cooperation with the West African nation following a successful return to civilian rule, the bloc's executive said on Monday.

The European Union, Guinea's main donor, suspended ties with the mineral-rich nation following a 2008 military coup. It conditioned the resumption of cooperation on a return to civilian rule.

After the election of President Alpha Conde in 2010, a parliamentary vote needed to complete the process was repeatedly delayed as opposition parties and Conde's ruling coalition argued over the organisation of the poll.

The European Commission, the bloc's executive arm, said in a statement that the 140 million euros - left over from a suspended five-year development programme - will be used to finance projects in the transport, justice and security sectors.

"The European Union is committed to supporting the Guinean government's efforts in finding its way back to sustainable and fair growth," EU Development Commissioner Andris Piebalgs said in a statement. ($1 = 0.7307 euros) (Writing by Bate Felix; Editing by Daniel Flynn)

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