New agreement on EEA financial mechanisms signed today

Norway and the EU have reached agreement on a financial contribution of close to NOK 15 billion for the period 2009–2014. “We are pleased that the new agreement on EEA financial mechanisms can finally be signed. This is a substantial contribution to reducing social and economic disparities in Europe,” said Foreign Minister Jonas Gahr Støre.

Norway will now enter into a dialogue with all the beneficiary states regarding the areas to be covered in the respective countries. It is natural that the various countries have different profiles and priorities. After agreement has been reached with the individual beneficiary states on allocation of funds in the various priority sectors, the next phase will be the rollout of the programmes. Calls for proposals and programme plans are expected to be issued beginning in 2011.

“The new EEA financial mechanisms give us a historic opportunity to strengthen our cooperation with the newest EU member states. Many of these countries are struggling with high unemployment and a difficult economic situation. It is in Norway’s interests to promote economic and social development in these countries,” said Foreign Minister Jonas Gahr Støre.

Norway will provide nearly NOK 3 billion (EUR 347 million) per year to reduce social and economic disparities and promote cooperation in Europe in the period 2009–2014. The EEA Grants will be available to the 12 most recent EU members plus Portugal, Greece and Spain.

“The funding from Norway is targeted at areas where we can make a difference and that are in line with Norwegian and European interests,” said Mr Støre, and he encouraged Norwegian actors to become involved in projects with partners in beneficiary countries.

The funds are to be used to support projects in the fields of environmental protection and climate change, green industry innovation, health, research and scholarship, cultural heritage, decent work and civil society, and justice and home affairs. An important new element in the agreement is the focus on decent work and tripartite dialogue.

Agreement has also been reached with the EU on further improving market access for fish in the period 2009–2014. Norway and the EU will sign a separate agreement on this today.

More information about the EEA and Norway Grants can be found at: www.europaportalen.no and www.eeagrants.org

Related news

Latest news

Jotne Subsea Gas Lift for Balder Field

In April 2015, Jotne E&P was awarded an EPC contract to build the subsea gas lift manifold for Exxon Mobil on the Balder Field.

Jotne Awarded Contract for Subsea Protection Structure

In January 2016, Jotne E&P was awarded a contract for the delivery of a subsea protection structure and GRP cover for a Xmas tree at Balder field. The contract was awarded by Ocean Installer.

UiB and CMR in high-tech collaboration

Students from UiB last month joined an experiment with an ultra-high-speed camera. This was a part of the troubleshooting of the Field Kelvin Probe currently under development.

Hatteland Display at International Workboat Show 2016

Hatteland Display are highlighting its diverse portfolio of maritime displays and panel computers on its booth (#1658) at the International Workboat Show 2016 (IWBS 2016) this week.

Servogear Announces Upcoming Events

Servogear announces a busy end of November, beginning of December. They will be participating at important international exhibitions.

Teamtec and ANDRITZ Cooperation

ANDRITZ and TeamTec have signed a cooperation agreement for worldwide marketing of the SeaSOx exhaust gas cleaning system for the maritime industry. 

Export Credit Norway looking for Norway's Best Exporter

Export Credit Norway  has now opened the nomination process for the 2017 Export Award, searching the Norwegian exporter of the year. 

Global Economic Outlook

7 December, Oslo Chamber of Commerce invites to a session with insightful updates on the Norwegian and international economy.

Rebuilding for Hydrogen

M/Y “Che Guevara”, previously owned by Gaddafi, will be converted to run on hydrogen. Greenstat will lead the project and are seeking partners.