European Union

DESCRIPTION

Established in its current form by the Maastricht Treaty in 1993, the European Union is a supranational political and economic union of 27 member states headquartered in Brussels. Through its external action instruments, notably NDICI-Global Europe and the Directorate-General for Neighbourhood and Enlargement Negotiations, it funds cooperation programmes with partner countries, including cluster and innovation initiatives across the Southern Mediterranean.

Key figures

79.5 billion EUR budget of the NDICI-Global Europe external action instrument for 2021 to 2027.
27 member states.
7.7 M EUR EU co-funded budget of Euromed Clusters Forward, the programme framing the cooperation.