TIRANA, Dec 13 /ATA/ – Albanian government ratified Wednesday the financing agreement between the Republic of Albania, the Republic of Italy and the European Commission for the Interreg IPA Cross-border Cooperation Programme 6 and regional cooperation between Albania, Italy and Montenegro.
The Deputy Prime Minister Belinda Balluku, also Minister of Infrastructure and Energy, said in a press statement after a regular cabinet meeting that “the cooperation program called Interreg IPA South Adriatic 2021-2027 is funded through an EU grant.”
The funding – she went on saying – will be made available to the three states in order to boost regional cooperation through joint projects. The programme has a total budget of fund of 81 million euros, including a 15% co-funding by the three countries and 20% by Italy.
The objective is to promote a smarter, greener, more connected, more social and better governed South Adriatic and to intensify cooperation in the area, by implementing joint actions between national and regional institutional and non-profit actors and by fostering smart inclusive and sustainable development.
The Interreg IPA South Adriatic is a cross-border cooperation Programme co-funded by the European Union through the Instrument for Pre-Accession (IPA III).
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