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European Union says Philippines declines new EU grants

AP  |  Manila 

The European Union says the sent notice it will no longer accept assistance from the 28-nation bloc, putting at stake 250 million euros (USD 278.7 million) in new grants.

There was no immediate explanation for Manila's position. But President Rodrigo Duterte had earlier challenged the to stop its assistance after the 28-nation bloc had warned that the risks losing tariff-free to because of the thousands killed in the war on drugs launched by Duterte.



The delegation in Manila said yesterday that the Philippine informed it about its decision this week. Ambassador Franz Jessen said 250 million euros (USD 278.7 million) worth of grants was at stake.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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European Union says Philippines declines new EU grants

The European Union says the Philippines sent notice it will no longer accept assistance from the 28-nation bloc, putting at stake 250 million euros (USD 278.7 million) in new EU grants. There was no immediate explanation for Manila's position. But President Rodrigo Duterte had earlier challenged the EU to stop its assistance after the 28-nation bloc had warned that the Philippines risks losing tariff-free exports to Europe because of the thousands killed in the war on drugs launched by Duterte. The EU delegation in Manila said yesterday that the Philippine government informed it about its decision this week. EU Ambassador Franz Jessen said 250 million euros (USD 278.7 million) worth of grants was at stake. The European Union says the sent notice it will no longer accept assistance from the 28-nation bloc, putting at stake 250 million euros (USD 278.7 million) in new grants.

There was no immediate explanation for Manila's position. But President Rodrigo Duterte had earlier challenged the to stop its assistance after the 28-nation bloc had warned that the risks losing tariff-free to because of the thousands killed in the war on drugs launched by Duterte.

The delegation in Manila said yesterday that the Philippine informed it about its decision this week. Ambassador Franz Jessen said 250 million euros (USD 278.7 million) worth of grants was at stake.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Business Standard
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European Union says Philippines declines new EU grants

The European Union says the sent notice it will no longer accept assistance from the 28-nation bloc, putting at stake 250 million euros (USD 278.7 million) in new grants.

There was no immediate explanation for Manila's position. But President Rodrigo Duterte had earlier challenged the to stop its assistance after the 28-nation bloc had warned that the risks losing tariff-free to because of the thousands killed in the war on drugs launched by Duterte.

The delegation in Manila said yesterday that the Philippine informed it about its decision this week. Ambassador Franz Jessen said 250 million euros (USD 278.7 million) worth of grants was at stake.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22