The project on “Strengthening measures to prevent and combat economic crime in the Eastern Partnership region” is one of the six projects which constitute the third phase of the European Union and the Council of Europe (EU/CoE) Partnership for Good Governance (PGG) programme interventions to support the Eastern Partnership countries (Armenia, Azerbaijan, Georgia, Republic of Moldova and Ukraine) to counter economic crime.

The third phase of the project will build on the results achieved through the first and second phases of this Programme, both of which have had an important contribution and impact on the anti-corruption and anti-money laundering reform processes in the region. It will remain fully aligned with the EU 2020 Deliverables for the Eastern Partnership, while delivering on the relevant targets of the post-2020 EaP priorities. 

In addition, by focusing on a set of targeted issues, the regional Project will complement bi-lateral actions and provide a springboard for identifying and addressing region-wide trends and facilitating dialogue, cooperation, and networking among institutions and officials professionals across the region, to build a community of knowledge and shared practices.  

The regional action will strive to improve the effectiveness of the prevention and fight against economic crime in the Eastern Partnership Region taking into account the international standards and good practices. As several emerging issues are gaining attention globally and require effective and immediate solutions (such as the role of private companies in the fight against corruption, the use of new technologies, virtual assets and virtual assets service providers), the project aims to address these aspects through the regional component.