22.4 C
Tirana
14-10-26
Home Economy

EU program for single market, Yzeiraj: Incentive for small and medium-sized enterprises as part of accelerated integration process

TIRANA, April 9 /ATA/ The meeting of the Parliamentary Committee for Foreign Policy was held on Tuesday under the direction of the chairperson, Mimi Kodheli. The committee reviewed the draft law “On the ratification of the international agreement, between the Council of Ministers of the Republic of Albania and the European Union, for Albania’s participation in the European Union program “Single market program, for the period 2021-2027.”

The bill in question was presented by the Deputy Minister of Economy, Culture and Innovation, Endrit Yzeiraj, who stated that the program aims to further forge cooperation and synergy between businesses, especially in their cross-border cooperation to address non-tariff barriers.

“Due to the accelerated integration process that benefited Albania from last year, this program has opened to other candidate countries such as Albania. The program is more than 4 billion euros. Albania is applying for one of the pillars, the promotion of small and medium-sized enterprises, more than 1 billion euros. This program allows NGOs and Albanian enterprises to apply to various calls that will be launched until the end of 2027. Albanian enterprises can benefit from training, cooperation with other European businesses in their fields or support in various forms. The program addresses Albania’s strategic priorities as part of chapter 20 for small businesses and industrial policies. The program in question increases the profitability of the market in Albania,” said Yzeiraj.

The rapporteur of the case, Petro Koçi, said that this agreement helps small and medium –sized enterprises, public or private. “This is one of the pillars of the single market program for the period 2021-2027. The benefits are significant. I believe that it goes without saying that this initiative should be supported in a consensual manner,” said Koçi.

The MP of the opposition, Tritan Shehu, in his remarks before the members of the committee, also concurred with this legal initiative. After questions and deliberation, the committee approved in principle, article by article and in its entirety the draft law in question.
/sm/

Previous articleBalla: A unique address register to be up and running
Next articleBoA: Non-performing loan decreased to 4.69% in February 2024