April 14 (SeeNews) - The European Union plans to invest 1 billion euro ($1.05 billion) over the next five years in developing and interconnecting transport and energy infrastructure in the Western Balkans region, the EU delegation to Bosnia and Herzegovina said on Tuesday.
In order to be able to use these funds, the countries of the region need to agree on the Core Network of transport infrastructures for the region, the delegation said in a statement.
A principled agreement was reached at the Pristina ministerial meeting, and it is to be formally confirmed by prime ministers of the region on April 21 in Brussels.
The next step will be to agree on the specific investment priorities in the areas of both transport and energy.
($=0.948 euro)