The EU Economic and Investment Plan for the Eastern Partnership Countries: Prospects and Challenges
The EU Economic and Investment Plan for the Eastern Partnership Countries: Prospects and Challenges

Author(s): Elżbieta Kaca
Subject(s): Politics, Supranational / Global Economy, Economic policy, International relations/trade, EU-Accession / EU-DEvelopment
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: EU; economy; investment plan; EaP; foreign policy;
Summary/Abstract: The economy of the Eastern Partnership (EaP) countries has been strongly affected by the COVID-19 pandemic, and the low level of vaccination of their populations hampers its recovery. Before the upcoming EaP summit in December this year, the EU has proposed the Economic and Investment Plan (EIP) to help its partners. The plan has the potential to develop the digital economy and support enterprises, but infrastructure investments may be limited by prevalent corruption in the region. Its success also will depend on the acceleration of vaccination, which could be facilitated by an increase in the vaccine supply from the EU.

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