'Young European Ambassadors' kick off Eastern Partnership's 10th anniversary celebrations

Published in World
Thursday, 14 February 2019 17:22

100 Young European Ambassadors from the European Union and its six Eastern partner countries (Armenia, Azerbaijan, Belarus, Georgia, Republic of Moldova, Ukraine) are gathering this week in Brussels to celebrate the achievements of the Eastern Partnership (EaP) in the past decade.

 "Young people are at the heart of our cooperation with our partners. The Young European Ambassadors is a unique initiative providing a platform to listen to and discuss ideas, which have a direct impact on the lives of young people across the region," said Lawrence Meredith, Director Neighbourhood East, European Commission.

 The 10-year-old Partnership has resulted in over 30.000 young people participating in Erasmus+ volunteering, exchanges and youth mobility projects, and over 6.000 young people benefiting from the opportunities provided by the EU4Youth since 2018. Bright young students from the EaP region now also have the opportunity to attend the first European School outside of EU borders, which officially opened its doors in Tbilisi in September 2018.

 The group of Young European Ambassadors, that are joined by a number of social media influencers from across the six countries, are meeting EU officials to discuss the achievements of the Partnership and its future goals. They are also participating in a large flash mob on Thursday 15 February at the heart of the EU quarter in Brussels which will feature national dances and costumes. 

 Geno Kutashvili, Young European Ambassador from Georgia stated “I can boldly say that the Eastern Partnership totally changed my life (not only mine, but that of every single Georgian). This joint initiative is the best project ever because it gives me and my country a lot of opportunities. I have a better life now than 10 years ago. We are stronger together!

 Close to five hundred young people from the EU and its eastern neighbourhood currently act as ‘Young European Ambassadors’ (YEAs). These Ambassadors regularly organise local community events in their countries and participate in international fora to spread the word about the initiative.

 The event is organised by the EU Neighbours East project in collaboration with EU institutions. A series of other events are planned throughout the year to celebrate the Anniversary of the Eastern Partnership. Find out more on the dedicated website: www.eap10.eu

Background:

Launched in 2009 as a joint policy initiative, the Eastern Partnership aims to deepen and strengthen relations between the European Union, its Member States and its six Eastern neighbours: Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova and Ukraine. Over the past ten years, collective efforts have brought considerable benefits to the citizens of these countries including more trade, mobility, increased economic development and better quality of life. 

Visa Announces Fintech Fast-Track Program in Central & Eastern Europe, Middle East and Africa

Published in Economics
Wednesday, 13 February 2019 17:28

Regional fintechs will be able to connect to Visa’s payment network in as little as four weeks Sub-Saharan prepaid issuing provider, GTP, signs on as regional partner

Dubai, 13 February 2019 — Visa (NYSE: V) today announced it is expanding its Fintech Fast-Track Program in the Central and Eastern Europe, Middle East and Africa (CEMEA) region as part of its efforts in developing the next generation of digital payment solutions. Already rolled out in Europe, Latin America and Asia Pacific, the program provides innovative fintechs with a faster and easier integration process with VisaNet, Visa’s global network, in addition to a suite of tailored digital solutions and growth capabilities.

With the Visa Fast-Track program, fintechs based in CEMEA can now onboard to Visa’s global network in as little as four weeks. The program has been tailored to the needs of fintechs, adapting to their realities and providing them with processes that are faster, which include reducing the number of onboarding conditions. The program also links fintechs to platforms that are already certified by Visa and connects fintechs to sponsoring banks, providing fintechs with scaling opportunities through Visa’s global network.

Andrew Torre, Regional President, CEMEA, Visa, said, “The payments ecosystem is evolving at an unprecedented pace with some of the most exciting innovations coming from our region. We are actively engaged with passionate, entrepreneurial communities to understand where synergies exist in order to foster and bring new experiences to life in a secure and scalable manner in our pursuit of a digital future. Our aim is to connect new players and ideas with our network partners, so that we can deliver intuitive and relevant payment, banking and retail experiences to customers and merchants.”

The Fintech Fast-Track program provides a new commercial framework that includes access to Visa’s payment capabilities, reduced fees and streamlined processes. After successful launches in Europe, Latin America and Asia Pacific in the second half of 2018, the program is now available to fintechs in CEMEA.  Visa is inviting all innovative fintechs in the region to apply to the program by registering online through the program website – www.visa.com/fintechcemea.  

The Fast-Track program is one of several Visa initiatives designed to support fintech and startup companies. These include:

  • Investment: Visa continuously evaluates and invests in companies that have the potential to advance digital payments for our clients and their customers. Recent fintech investments globally have included Klarna, Paidy, Marqeta and PayStack in Nigeria.
  • Partnership: Many payment platforms and fintechs are already collaborating with Visa globally to create new consumer and merchant experiences, including YellowPepper, NovoPayment, Stripe, Conductor, Flutterwave and Revolut.
  • Engagement: Visa’s Everywhere Initiative, a global innovation program that tasks startups with solving some of the most challenging issues in payments and commerce, has been running in CEMEA since 2017.

In Sub-Saharan Africa, Visa will work with Global Technology Partners (GTP), to design and enable turnkey end-to-end packaged solutions jointly for the Visa Fintech Fast Track program. The enterprise solution will include bin sponsorship, issuer processing services, acquirer QR code processing services and program management services.

Rich Bialek, CEO of GTP, said, “GTP is excited to work with Visa to bring new digital products to our banks and cardholders.  Fintech companies in the CEMEA region are developing innovative solutions to meet the needs of this rapidly growing consumer base.  By expanding the fast-track program to CEMEA, Visa and GTP will enable these companies to rapidly deliver new technologies and services to consumers, improving and expanding how commerce works in this dynamic market.”

# # #

About Visa Inc.

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of connected commerce on any device, and a driving force behind the dream of a cashless future for everyone, everywhere.  As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit www.corporate.visa.com, www.visasoutheasteurope.com, https://www.facebook.com/VisaGeorgiaGE, www.visanewscissee.com

About Global Technology Partners

Global Technology Partners is headquartered in Tulsa, Oklahoma USA.  The company was founded in 2003 and began processing its first Visa prepaid debit card in Burkina Faso in 2007.  Since then, GTP has expanded into over 30 African countries, with more in development.  GTP designed its system specifically for prepaid programs, and now offers industry-leading prepaid and mobile processing solutions. 

EU4Energy to support Eastern Partner countries to improve energy infrastructure planning

Published in Economics
Friday, 02 November 2018 10:49

The Energy Community Secretariat under the EU4Energy Governance Project organised a two-day workshop in Kyiv, Ukraine, on 30-31 October. The aim is to help the six Eastern Partner countries – Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova and Ukraine – to improve their energy infrastructure planning. The event brought together representatives of all six countries, including from regulatory agencies, ministries and transmission system operators.

The Energy Community experts presented best practices in infrastructure planning, including the identification of priority projects, the role of regulators in investment planning, risk assessment and tariff setting, as well as long-term infrastructure plans based on the EU’s experience of Ten-Year Network Development Plans under the Third Energy Package.

The participants also discussed the methodology for the identification of so-called ‘Projects of Eastern Partnership Interest’ (PEPIs). The methodology, developed under EU4Energy technical assistance, covers projects of cross-border relevance in Eastern Partner countries that are not members of the Energy Community (Armenia, Azerbaijan and Belarus), and projects connecting Energy Community Contracting Parties with Eastern Partner countries (e.g. Ukraine with Belarus and Georgia with Armenia). Derived from Regulation 347/2013 on guidelines for trans-European energy infrastructure, the PEPI methodology was adapted to fit the specific circumstances and needs of these countries.

Study on gender equality in creative industries in the Eastern Neighbourhood

Published in World
Wednesday, 29 August 2018 20:16

A new report summarising a study on gender equality within creative industries in four Eastern Neighbourhood countries (Armenia, Azerbaijan, Georgia and Ukraine) was recently presented by the British Council at the HeForShe conference in the Ukrainian capital of Kyiv.

The study ‘Gender equality and empowerment of women and men in cultural and creative industries’ is the result of the work of a team of nine experts who organised focus groups, conducted online polls and interviewed opinion leaders in each of the four countries.

In total, around 500 men and women were interviewed to understand why women in some industries get lower salaries, why it is necessary to defy stereotypes even if they are not very noticeable and why men in some countries are fearful of taking up certain professions.

According to the report, creative industries make up 4% of Ukraine’s Gross Domestic Product. Similar findings were also demonstrated in the other countries of the study. The experts aimed to illustrate the situation in creative disciplines with respect to gender and to understand how this information could be used in future programmes that will work with creative industries in the region.

Journalists from the Eastern Partners countries discover Moldova’s experience in transition to green energy

Published in Society
Friday, 01 June 2018 16:27

Twelve journalists from Ukraine, Belarus, Armenia, Georgia and Azerbaijan visited the Republic of Moldova on 21-24 may to learn about the results of the Energy and Biomass Project, funded by the European Union and implemented by the United Nations Development Programme. The visit took place in the framework of the EU4Energy Initiative.

The journalists visited a kindergarten in the town of Nisporeni, where 270 children have hot water thanks to solar panels installed with the help of the Energy and Biomass Project. During winter, the entire surface of the kindergarten is heated with green energy produced in the Republic of Moldova.

To heat its rooms, the kindergarten, together with the city hall, buys pellets produced in Moldova, meaning the money it spends on energy remains in the country.

Another stop on the tour was the briquette production line in the city of Balti. Ludmila Abramciuc and Ivan Damaschin are beneficiaries of the Energy and Biomass Project grant programme, thanks to which they were able to buy, and repay in instalments, the necessary equipment for biofuel production.

The journalists also attended a lesson on renewable energy at a school in Chiscareni village, Sangerei district. Together with the students of “Nicolae Casso” school, they answered questions on the green energy sector, as well as making a parabolic solar collector. Professor Nicolae Spanu guided the team through this.

The school in Chiscareni village is also the first public institution in the Republic of Moldova to have switched to biomass heating. In 2005, thanks to a project funded by the World Bank, a biomass power plant using straw bales was installed at the school. To this day, the institution continues to benefit from clean energy.

Meanwhile, the community has connected other public institutions to green energy. The kindergarten in the village has electricity produced by photovoltaic panels and hot water from solar collectors. Next winter, the city hall will replace its stoves with a biomass heating system, installed with the help of European funds through the Energy and Biomass Project.

The EU-funded and UNDP-implemented Energy and Biomass Project in Moldova is part of the EU4Energy Initiative and aims to contribute to the reliable, competitive and sustainable production of energy from biomass, which is the most viable and available source of renewable energy in the Republic of Moldova.

EU4Energy covers all EU support to improve energy supply, security and connectivity, as well as to promote energy efficiency and the use of renewables in the Eastern Partner countries (Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova and Ukraine). It does this by financing projects and programmes that help to reform energy markets and to reduce national energy dependence and consumption. Over the long term, this makes energy supply more reliable, transparent and affordable, thus reducing energy poverty and energy bills for both citizens and the private sector.

Visa names Andrew Torre Regional President for Central and Eastern Europe, Middle East and Africa Region

Published in World
Thursday, 25 January 2018 12:51

Torre will also sit on Visa’s global Operating Committee in San Francisco

Currently serves as Visa President Sub-Saharan Africa and sits on U.S. President’s Council for Africa

Tbilisi – January 23, 2018 – Visa Inc. (NYSE:  V) has announced the appointment of Andrew Torre as Regional President for its Central and Eastern Europe, Middle East and Africa (CEMEA) region, based in Dubai. Torre, who previously led Visa’s Sub-Saharan Africa business, will now oversee all of Visa’s operations in more than 90 countries across CEMEA and report to Visa’s global president, Ryan McInerney. Torre will also sit on Visa’s global Operating Committee.

Torre is a Visa and payments industry veteran, with deep experience across the markets that comprise Visa’s CEMEA region. Having previously worked with the World Bank in Kiev, Moscow and CIS territories, Torre has been with Visa since 2002, holding global roles in product, strategy and pricing, as well as general manager roles in Russia and Sub-Saharan Africa.

“Andrew’s deep experience, which touches every part of our CEMEA region, has prepared him well for his new role. It provides him with a phenomenal understanding of both Visa’s global operations, as well as the markets that make up this fascinating and complex region. This will not only benefit Visa and our financial institution clients, but also add tremendous value to our merchant and government partners as we strive together to bring the benefits of connected, digital commerce to more people in the region” says Ryan McInerney, President, Visa Inc.

He adds; “We are doubly proud and excited that the world-class executive we needed to bring into this role came from our own in-market ranks. This is testament to the value we place on hiring the best people, and helping them develop into the best they can be.” 

Visa’s mission is to connect the world through the most innovative, reliable and secure digital payment network that enables individuals, businesses and economies to thrive.

“Nowhere is our mission more important to economic growth and prosperity than in the CEMEA region,” says Torre. “By 2020, we estimate that around 25 percent of the world’s population will live in this region, and those consumers will be young, technology savvy, and hungry for financial services that are more relevant and accessible to them. This opens up exciting opportunities for us to service those future consumers through innovative, mobile technologies that Visa is deploying, right now, in market, in anticipation of future consumer needs.

He continues, “What is even more exciting is that there is a huge amount of home-grown innovation happening in markets around this region, led by local developers. We are enabling this innovation through the deployment of our APIs (application programming interfaces) to help developers access the Visa network, and then backing it up by creating innovation spaces, like our Center in Dubai and forthcoming Studio in Moscow, for them to co-create with us. These are hugely exciting times for the industry and for Visa, and I am honored to have been chosen to lead our efforts at this important moment in Visa’s history.”

About Visa Inc.

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of connected commerce on any device, and a driving force behind the dream of a cashless future for everyone, everywhere.  As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit www.corporate.visa.com, www.visasoutheasteurope.com, https://www.facebook.com/VisaGeorgiaGE, www.visanewscissee.com

 

EU programme shares useful tools and resources with cultural and creative organisations in Eastern Neighbourhood

Published in Culture
Tuesday, 23 January 2018 10:55

The EU-Eastern Partnership Culture and Creativity programme, which is ending in January 2018, has created a list of useful resources with tools and ideas for solving various daily issues for organisations working in the cultural field.

The list provides links to publications and useful self-learning sources for organisations working in the six Eastern Neighbourhood countries: Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova and Ukraine.

The list can be accessed here.

The Culture and Creativity Programme supported the cultural and creative sectors’ contribution to sustainable humanitarian, social and economic development in the six Eastern Neighbourhood countries between February 2015 and January 2018. The programme covered topics such as cultural leadership, cultural and statistical research, audience development, cultural journalism, advocacy and fundraising.

Find out more

More on the results of Culture and Creativity Programme in Eastern Partner countries

List of opportunities from the programme

EU-EaP Culture and Creativity Programme - website

Tackling the challenges for independent media in the Eastern Partnership countries

Published in World
Thursday, 14 September 2017 15:47

More than 350 media professionals and donors from the Eastern Partnership and the EU gather in Kyiv on 13 September for the 2nd Eastern Partnership Media Conference, which aims to shine a spotlight on the growing challenges facing journalists in the EU’s Eastern partner countries.

Bringing together participants from Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova, Ukraine as well as EU Member States, the conference offers a unique platform to identify obstacles to a healthy media environment, discuss ways of addressing them, and examine how the EU and other donors can best support independent journalism in these countries.

In his message to the participants, European Neighbourhood Commissioner Johannes Hahn stressed that ''Freedom of expression is one of the very foundations on which our Union is built. We believe that a strong, independent press is fundamental to successful societies everywhere. Today's conference clearly shows the importance of closer engagement of the EU with partner countries on the issues of plurality and independence of media.''

Over the past decade, the European Union has spent and earmarked about €30 million in support of media initiatives in Eastern partner countries, €14 million of which on current projects.

The conference will look at the pressures experienced by media workers in the Eastern neighbourhood, discuss solutions to achieve economic sustainability in news and story production, as well as difficulties in reforming public broadcasting sectors.

Participants will also discuss methods to make media outlets more sustainable and to help journalists continue to grow professionally. The challenges posed by disinformation campaigns and efforts to spread biased or misleading information on social media will also be on the agenda, with a focus on how media can help increase critical thinking in society.

The 2nd Eastern Partnership Media Conference is held in preparation for the 5th Eastern Partnership Summit, to be held in Brussels in November 2017. The discussions and practical findings of the conference will provide a basis for further considerations at the Summit.

Latest opportunities from the Eastern Neighbourhood

Published in Politics
Monday, 20 March 2017 10:15
EU NEIGHBOURS east has selected exclusive new opportunities for citizens of the Eastern Neighbourhood countries: Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine. New scholarship and fellowship programmes are available for students, including the Alpbach Scholarship Programme in Austria, the Scholarship programme to support Ukrainian students in Slovakia and the Marie Skłodowska-Curie Individual Fellowships 2017 Competition. In addition, don’t forget to apply to the Annual Assembly 2017 of the Eastern Partnership Civil Society Forum (EaP CSF) if you are active in civil society organisations (closing date: 20 March 2017)! If you are interested in more jobs, internships, scholarships, competitions, conferences and events, make sure to review the list below to not miss your chance!

Business News

Silk Road Tbilisi Forum 2015 has started

Silk Road Tbilisi Forum 2015 has started

Silk Road Tbilisi 2015 forum started today. Following the success of the inaugural Routes Silk Road...

Agreement between SES and GEE

Agreement between SES and GEE

A new multi-year agreement was signed between worldwide satellite operator SES and Global Eagle Ente...

Visa free regime to impose for 15 February

Visa free regime to impose for 15 February

The visa regime imposed by Georgia to Iran has been cancelled for 15 February,” -the Deputy Ambassad...

Session of Economic Council was held under the leadership of Prime Minister

Session of Economic Council was held under the leadership of Prime Minister

Plan of acceleration of infrastructural projects, financial support scheme for startups and activiti...

MOST READ

« August 2022 »
Mon Tue Wed Thu Fri Sat Sun
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31        

About

The News Agency,
NEWSDAY.GE is
a part of STARVISION
Media Group.
It made its first
appearance on the Internet..More

 

Contact

NEWSDAY Ltd.
Lechkhumi street.43

Georgia,Tbilisi

Phone: (+995 32) 257 91 11
E-mail: avtandil@yahoo.com

 

 

 

Social Media