The aid will support the cooperation of the two countries on projects in the areas of energy, transportation, environmental protection, climate change, public works and infrastructure, the government said in a press release.
The financial assistance will also support Moldovan small and medium-sized enterprises (SMEs), media independence, public administration reform, health, education, culture, research and tourism.
A similar agreement that expired at the end of March 2021 helped support projects such as the rehabilitation and modernization of over 1,000 kindergartens and schools in Moldova and the development of the Iasi-Chisinau gas pipeline.
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