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European Union with EUR 22 million grant to Sri Lanka

The European Union (EU) said that it was granting a Euro 22 million to tackle the outbreak of the coronavirus pandemic and mitigate the effects of the crisis and mitigate the effects of the crisis.

This includes improving the preparedness for and response to the outbreak, and funding research to support the development of coronavirus vaccines and medication to help those affected.

‘Sri Lanka’s very low number of confirmed cases of COVID-19 so far is impressive. To support Sri Lankan efforts further, the European Union is targeting three sectors: health, agriculture and tourism’- statement from EU said, announcing the grant.

EU will be providing EUR 2 million for equipment and medical supplies to be procured by the World Health Organisation and to strengthen laboratory networks in the country. Sri Lanka’s agricultural sector will benefit from EUR 16.5 million funding.

‘This funding will take into account the impact of Covid-19 by mobilising more private capital in rural areas and by assisting small businesses and workers in the Uva and Central Provinces’, the statement said.

The European Union will also support the Sri Lankan tourism industry with a EUR 3.5 million grant, in particular the smaller operators and their employees. Some of the assistance is to be provided immediately and the rest will be delivered later in the year and will continue thereafter.

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