Agreement on Romania’s EEA accession provisionally enforced
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)
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.