Projects proposed by authorities in Moldova, Ukraine might be financed by Romania

Romanian President, Klaus Iohannis has signed the law promulgation decree regarding local public finance and administration. 

Accordingly, the Romanian local public administration authorities might approve finance of project proposed by authorities from Moldova and Ukraine, based on twinning/ cooperation agreement concluded under the terms of law for investment objectives of administrative - territorial units in Moldova and Ukraine. 

""The local public administration authorities in Romania can conclude twinning / cooperation agreements with the local public administration authorities in Moldova and Ukraine for realizing and financing the investment objectives of administrative - territorial units in Moldova and Ukraine, common cultural, sport, youth and educational programs, training courses and other actions contributed to relation development", quoted in the normative act. 



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