Developing countries that support Russia or Iran could lose EU aid, while European companies may receive preferential treatment in procurement financing in the future, EU foreign policy chief Kaja Kallas said on Monday, UNN reports, citing Euractiv.
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Speaking ahead of a meeting of EU development ministers in Brussels, Kallas said the bloc must become "more strategic" in how it finances foreign aid in an era of intensifying geopolitical rivalry and conflict.
"If a partner supports Russia or Iran, then we must be flexible so that we can refocus our engagement in that case,"
Kallas said.
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