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Agreement on Romania’s EEA accession provisionally enforced

Conferences

The provisional enforcement of the Agreement on Romania’s joining the European Economic Area (EEA) starts on Wednesday and continues until the Agreement comes into force, the Romanian Economy and Finance Ministry said in a press release.

The new tariff contingents and modified tariff contingents applicable to imports within the Community of certain fish and fishery products from Iceland and Norway are to be provisionally enacted from Sept. 1, 2007. Under the EEA Enlargement Agreement, Romania will receive roughly €99 million ($135 million) in project assistance by April 2009, when the agreement expires. The agreement should have taken force on January 1 2007, at the same time as the EU Accession Treaty, but “it was not possible, due to internal problems,” according to Mathias Brinkmann, unit chief at the European Commission’s Foreign Relations Directorate-General. The projects funded under this agreement should target environmental protection, promotion of sustainable development, energy efficiency, with emphasis on renewable energies and development of human resources, health and culture.

The European Economic Area was set up in 1994 as an area for the free movement of goods, services, capital and persons among the EU member states and three members of the European Free Trade Association (EFTA) - Iceland, Liechtenstein and Norway. (people.com.cn)

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