Micronesia | European Union |
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Federated States of Micronesia–European Union relations are the foreign relations between the country of theFederated States of Micronesia and theEuropean Union. Cooperation between Micronesia and European Union was initiated in 2000 when the country joined theOrganisation of African, Caribbean and Pacific States and is developed in the framework ofCotonou Agreement within the widerACP–EU development cooperation.[1] Two sides formalized their direct diplomatic relations on 18 April 2002 when the European Union ambassador Frans Baan (residing in theDelegation of the European Union for the Pacific based inSuva,Fiji) attended diplomatic credential ceremony inPalikir.[2] In 2008 the designated national authorizing officer for EU programs Fabian Nimea visited several EU member countries to promote further cooperation between his country and the European Union.[3]
In its donors policy European Union acknowledges particular role of theUnited States aid in many sectors including education and health and is therefore focused on the creation of development synergies.[1]European Development Fund allocated 17 million€ for a period between 2014 and 2020 to address some of the critical consequences ofclimate change including introduction ofsustainable energy sources,emergency management andenvironmental protection.[1] Together withMarshall Islands andPalau, Micronesia cooperated with the European Union within the 2017-2020EU–North Pacific–Readiness forEl Niño (RENI) project with the budget of 4,5 million €.[4] In 2016 two parties signed the agreement on the short-stayvisa waiver.[5] Total minuscule EU imports from Micronesia amounted to about €129,000 in 2019 and with 63% of Micronesia's exports to the EU nominally eligible forGeneralized System of Preferences but with only 74% of eligible items actually using them.[6]