The Executive has approved two decisions to start negotiations and approving the signing of financing agreements, under the European Neighbourhood Policy, concluded between the Government, European Commission and Ministry of Regional Development and Public Administration in Romania.

The first agreement provides a grant worth of 49 million euros to finance activities that will be implemented by the beneficiaries from Moldova and other seven countries (Romania, Ukraine, Georgia, Armenia, Bulgaria, Greece, Turkey).

The several projects aim to improve the living standards of people according to the document. Actions eligible under the program related to the promotion of business and entrepreneurship, promoting an environmental policy coordination.

The second agreement, worth 89.1 million euros, is also in the form of a grant that provides funding for activities to be implemented by beneficiaries in Moldova and Romania for development projects in border regions between the two countries. These will include joint activities in education, conservation and protection of historical heritage and border security.

In both cases, the financing agreements provide for co-financing activities envisioned in projects from beneficiaries amounting to 10% each.

The agreements will be signed on December 12th by the Government of the Republic of Moldova, and will be ratified by the Parliament afterwards.