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Cooperation with Latin American and Asian developing countries (1991-95)

On 20 December 1990 the Commission submitted a proposal for a Council Decision (COM(90) 654) concerning general guidelines for financial and technical cooperation with developing countries in Asia and Latin America (ALA) during 1991-95. Cooperation should primarily improve liv...

On 20 December 1990 the Commission submitted a proposal for a Council Decision (COM(90) 654) concerning general guidelines for financial and technical cooperation with developing countries in Asia and Latin America (ALA) during 1991-95. Cooperation should primarily improve living standards in the neediest sections and have a catalytic effect in those strategic areas where resources are hard to mobilize. Financial and technical cooperation is designed to transfer funds and targeted know how to specific projects or programmes, or to aid pilot schemes in the development of new strategies. Fields of action include: The rural sector; the environment and natural resources (at least 10% of funds will be set aside for environmental considerations and used for education, information and management/technical training); regional cooperation; structural development; rehabilitation and reconstruction after natural disasters plus their prevention.