Ethiopia and the European Union ink a Cooperation Agreement of 650 million Euro

 Ethiopia and the European Union (EU) have signed a cooperation agreement worth 650 million euros ($680 million) to better the relations and assist Ethiopia in post-war recovery and reform of it's economy. 

There are certain conditions set for the provision of aid. Any direct assistance fiscally to the government of the country will not be forwarded till the political conditions are understood and met with clarity.

The EU needs assistance for the peace agreement through transitional justice, accountability, and national dialogue. The EU has made it clear that reforming relations with Ethiopia would be possible only when the culprits of the Tigray massacre, and other perpetrators are brought to light and punished. 


The United Nations has stressed the importance of independent investigations in the human rights' violations in Ethiopia in the background and urged that this is necessary to prevent any further tragedies or incidents that may deteriorate the peace process. 

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