Uruguay and the European Union (EU) signed Monday two agreements aimed at boosting the South American country's technological and social development with a total of 33.5 million euros, officials said.
The EU agreed to grant 20 million euros to Uruguay's two programs, namely Uruguay Innovates, a public-private scientific innovation project and Uruguay Integrates, which finances local health and education across the country.
The Uruguayan government also agreed to invest 13.5 million euros in the same programs.
Speaking at the signing ceremony, Uruguayan Economy and Finance Minister Danilo Astori described the agreements as "a model of productive specialization with high levels of quality," adding that "the Uruguayan government is making large-scale efforts to boost innovation, an activity that has been neglected...for so long."
William Hanna, the head of the EU mission in Uruguay, said "these programs will be a contribution from the EU to development policies defined by the Uruguayan government.
The goal of the programs is for both parties to work together to promote Uruguay's innovation and technological development, Hanna said.
Source: Xinhua
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