13:51 22.03.2017

Rada ratifies agreement with Norway on technical and financial cooperation

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Rada ratifies agreement with Norway on technical and financial cooperation

The Verkhovna Rada of Ukraine has ratified an agreement between the Cabinet of Ministers of Ukraine and the government of the Kingdom of Norway on technical and financial cooperation. Some 233 people's deputies voted for relevant law No. 0127 on Wednesday.

As reported in an explanatory note to the law, the agreement was signed on October 18, 2016 in Oslo. The purpose of the agreement is to create legal norms and procedures for supporting and simplifying the implementation of programs and projects that fall within the scope of this agreement.

The agreement extends to all programs and projects of technical and/or financial assistance that are implemented in Ukraine and are financed in whole or in part from the Norwegian side. This concerns the existing programs and projects, which are being prepared and promising ones.

Technical assistance, in accordance with the agreement, includes the transfer of know-how, trainings, consultations, the supply of equipment and materials, assistance related to the introduction of new technologies necessary for the successful implementation of programs and projects.

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