Combating poverty and integrating ACP countries into the global economy are core objectives of the Cotonou Agreement, promoted by the establishment of the Investment Facility (IF), a EUR 2 037 million risk-bearing instrument whose remit is to be prepared to invest in situations where the private sector’s central role in the promotion of sustainable growth is itself a determinant factor in reducing poverty.
Regional cooperation and integration are high on the agenda for accomplishing some of the core MDGs and the IF recognises the need to support regional projects, whilst acknowledging the difficulties in developing regional initiatives.
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