A total of €84 million in EU funds are being offered to Maltese companies and organisations for projects that will benefit the European Neighbourhood Policy.

The rationale behind the proposals is to strengthen relations between the EU member states and neighbouring Mediterranean countries, the government said. 

Aaron Farrugia, the parliamentary secretary for EU funds, explained that the funds may be used by SMEs for the enhancement of Euro-Mediterranean value chains and clusters.

The funds may also be used for education, research, technological development and innovation, promotion of social inclusion and the fight against poverty, environmental protection, climate change adaptation and conservation of coastal areas. 

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