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View Treaty - General Data

GENERAL DATA
Type of Agreement
Bilateral
Official Title
Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period 2009-2014
Place of Signature
Brussels
Date of Signature
28/07/2010
Date of Entry Into Force
01/01/2011
Duration
Definite
Objective of Agreement
The objective of the Agreement is to set up a framework for the functioning of the Norwegian Financial Mechanism.
Remarks
The Kingdom of Norway undertakes to contribute for a five year period to the reduction of economic and social disparities in the European Economic Area, and to the strengthening of its relations with the Beneficiary States, through a separate Norwegian Financial Mechanism.

The financial contributions shall be available in the following priority sectors:
(a) Carbon Capture and Storage;
(b) Green Industry Innovation;
(c) Research and Scholarship;
(d) Human and Social Development;
(e) Justice and Home Affairs;
(f) Promotion of Decent Work and Tripartite Dialogue.

The total amount of the financial contribution shall be EUR 800 million, to be made available for commitment in annual tranches of EUR 160 million over the period running from 1 May 2009 to 30 April 2014, inclusive.

OJ Number
L291
OJ Date
09/11/2010
OJ Page
10
Parties to the Agreement
European Union
Norway
Authentic Texts
Polish
Bulgarian
Slovakian
Portuguese
Romanian
English
Danish
Maltese
Swedish
French
Lithuanian
Czech
Italian
Estonian
Slovenian
Dutch
Greek
Spanish
Norwegian
German
Finnish
Hungarian
Latvian
Subject Matters
7206.911-Northern Europe
755-External Relations
Clause(s)
Management
-
Relation and Association with Other Agreements
8722-Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2009-2014