The EEA Financial Mechanism

Norway and Poland signs a MoU on the implementation of the Norwegian Financial Mechanism

A Memorandum of Understanding on the implementation of the Norwegian Financial Mechanism in Poland was today signed by State Secretary Kim Traavik, Norwegian Ministry of Foreign Affairs, and his Polish counterpart Jan Truszcynski.

19/10/2004 :: Over a 5-year period, about 280 million euro will be made available for programmes and projects in Poland within areas such as the environment and health. The Norwegian contributions are connected to the enlargement of the EEA Agreement that took place 1 May this year, when the 10 new EU members also joined the EEA.

The Memorandum of Understanding was signed in connection with a large Norwegian-Polish conference in Warsaw today, with more than 350 participants from business, government, public institutions and NGOs from the two countries. State Secretary Kim Traavik stated that the financial mechanisms would – in addition to contributing to the reduction of economic and social disparities – be a contribution from Norway to the integration of the new EU members in the internal market and thereby also the EEA cooperation. Read Mr. Traavik’s speach.

Norway has through the EEA Agreement committed to contribute 1,134 billion euro altogether to social and economic cohesion in the EU, of which the big bulk will be allocated to the new EU member states.


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Kim Traavik, State Secretary, Norwegian Ministry of Foreign Affairs
Photo: Mr Traaviks speach