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May 12, 2021
ECONOMY FINANCE&BANKING

DevMin Shhaideh: Romania can design joint development initiatives under solid Swiss partnerships

Swiss financial support opportunities for Romania and cooperation projects between Romania and Switzerland were discussed by Romania’s Minister of Regional Development, Public Administration and European Funds and Swiss ambassador to Bucharest Urs Herren at a meeting on Thursday in Bucharest.

The Development Ministry said Thursday in a press statement that talks focused on the latest developments in cooperation between Romania’s Ministry of Regional Development, Public Administration and European Funds and Switzerland under projects funded under the Swiss-Romanian Cooperation Programme.

“Switzerland is an important partner to Romania. Under a solid partnership, we can design initiatives of common interest for the sustainable development of Romania by bridging the economic and social gaps separating Romania from more developed European Union member states, by bridging the gaps separating the dynamic urban centres from peripheral, poorly developed areas,” Shhaideh is quoted as saying in the statement.

She also commended Romania and Switzerland for their excellent cooperation ties and the Swiss financial support for improving the environment, suggesting measures to speed up accession of the non-repayable funds involved. Talks also mentioned readiness to continue cooperation after 2019 in the area of non-repayable funds contributed by Switzerland to reduce the economic and social gaps inside the enlarged Europea Union.

The Swiss-Romanian Cooperation Programme to bridge economic and social gaps inside the extended European Union is provided for in a framework agreement between Romania’s Government and the Federal Government of Switzerland signed on September 7, 2010 in Berne and approved under Government Decision 1065/2010.

On December 7, 2009, the Swiss Parliament approved 181 million Swiss francs in financial grants to Romania to be disbursed over five years (2009-2014)- and paid up over up to ten years (2009-2019) counting from the date the funds are approved by the Swiss Parliament.

Funded under the programme are projects promoting economic growth and supporting the business community, improving work conditions, advancing sustainable management of energy, improving public safety and security, education, research, civil society support.

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