CONNECTING EUROPE & ASIA THE EU STRATEGY
SUSTAINABLE, COMPREHENSIVE AND RULES-BASED CONNECTIVITY WILL CONTRIBUTE TO THE ENHANCED PROSPERITY, SAFETY AND RESILIENCE OF PEOPLE AND SOCIETIES IN EUROPE AND ASIA
WHAT IS CONNECTIVITY?
TRANSPORT ENERGY DIGITAL HUMAN DIMENSION Diversified trade and travel More interconnected Increased access to digital Advanced cooperation routes linking existing and regional energy platforms, services while maintaining in education, research, future transport networks, modern energy systems and a high level of protection innovation, culture and shorter transit times environmentally friendly of consumer and personal tourism. and simplified customs solutions. data. procedures.
WHY DO WE NEED BETTER CONNECTIVITY FOR EUROPE & ASIA?
€1.5 TRILLION IN ANNUAL TRADE WE HAVE A JOINT RESPONSIBILITY TO BETWEEN EUROPE AND ASIA PROTECT OUR ENVIRONMENT
CROSS-BORDER RULES AND EUROPE AND ASIA ACCOUNT FOR OVER REGULATIONS MEAN FAIR 60% OF THE WORLD’S GDP COMPETITION FOR BUSINESSES SINCE 2015, OVER 18,000 STUDENTS FISCAL AND FINANCIALLY STABILITY AND ACADEMIC STAFF HAVE TRAVELLED REQUIRES LONG-TERM PLANNING BETWEEN OUR TWO REGIONS
HOW WILL THE EU ENHANCE CONNECTIVITY?
CONTRIBUTING TO EFFICIENT CROSS-BORDER CONNECTIONS AND TRANSPORT, ENERGY, 1 DIGITAL AND HUMAN NETWORKS
STRENGTHENING BILATERAL, REGIONAL AND INTERNATIONAL PARTNERSHIPS BASED ON 2 COMMONLY AGREED RULES AND STANDARDS
3 LEVERAGING SUSTAINABLE FINANCING FOR INVESTMENTS The EU has a strong track record of financing connectivity internally and externally through combining innovative financing initiatives and creating opportunities for private sector participation.
INSIDE THE EU OUTSIDE THE EU European Structural and Investment Investment Facility for Central Asia, Funds (ESIF), and The European Fund for Asian Investment Facility and the Strategic Investments (EFSI) support European Fund for Sustainable integrated investment programmes. Development (EFSD) provide financing Connecting Europe Facility mobilises to catalyse additional public and private investments in cross-border infrastructures capital. for transport, energy and digital networks.
WHAT IS THE EU DOING TO CONNECT EUROPE & ASIA?
CONSTRUCTION OF INFRASTRUCTURE DATA TRANSFERS
The EU has invested €35 million in the The EU and Japan construction of the agreed to adopt a Žeželj Bridge in Novi mutual data adequacy Sad, Serbia as part decision before the of the extension of end of 2018 creating the Trans-European the world’s largest Transport Network area of safe data (TEN-T). transfers based on a high level of protection of personal data, 5 EXAMPLES laying the ground for OF CONNECTIVITY innovative commercial applications and new PROJECTS business models.
COMMUNITY INTEGRATION
The EU has agreed €85 million of support, aiming at the ELECTRICITY consolidation of ASEAN TRANSMISSION SYSTEM Community, including fostering single market, trade facilitation and The EIB is contributing €70 million reducing non-tariff to enable Central Asian countries barriers to trade. to sell their electricity surplus during summer months to deficient countries in South Asia, improving the electricity access and expand markets in a sustainable way.
STUDENT EXCHANGES & STAFF MOBILITY
5,300 Indian students received Erasmus Scholarships and 1,800 Indian researches have been granted Marie Skłodowska- Curie Scolarship since 2004.