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France backs poverty eradication efforts

France and Burundi have signed an agreement within the framework of the ongoing Arusha peace process under which the French will contribute financial support of some 10 million French francs (just over one billion Fbu) to Bujumbura for poverty eradication activities. The money would go specifically towards the purchase of medicines, and agricultural and veterinary products, a French press release stated. French aid to Burundi was restarted in 1998 in recognition of the political partnership inside the country and the start of the Arusha peace talks in Tanzania, and this year will total some four billion Burundian francs (Fbu). Meanwhile, Finance Minister Charles Nihangaza, who has just returned from a visit to Libya, announced agreement in principle on a credit from Libya to Uganda, and on a trade agreement under which Uganda is expected to import mainly fuel, and to export fish and agricultural products, particularly live animals, Agence France Presse (AFP) reported.

This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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