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TACIS

 

TACIS

TACIS is an abbreviation of "Technical Aid to CIS" program, an institutional restructuring program implemented by the European Commission to help the newly independent states that once comprised the USSR, on their transition to market-oriented economy.

To implement TACIS, the European Commission, the government of the Russian Federation, as well as governments of Hungary, Yugoslavia, Czech Republic, Slovakia, Slovenia, Poland, Romania, Bulgaria (countries of Central and Eastern Europe) established the European Bank for Reconstruction and Development.

PHARE is a similar program outside of the Commonwealth of Independent States.


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