Palestine and European Union sign financing agreement under Interreg NEXT MED Programme

The agreement, countersigned by the Region of Sardinia in its capacity as Managing Authority, allows public and private organizations from Palestine to receive EU funds in the framework of Interreg NEXT MED.

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Palestine, through the Prime Minister’s Office, has signed the financing agreement with the European Union under the Interreg NEXT MED Programme. The document was countersigned by Ms. Alessandra Todde, president of the Autonomous Region of Sardinia, the hosting institution of the Programme’s Managing Authority.

Thanks to the financing agreement, beneficiaries from Palestine are now fully eligible to receive EU funds in the context of Interreg NEXT MED Programme.

Palestine is the fourth country to finalize a financing agreement, following Türkiye, Jordan and Tunisia.

The remaining 4 agreements with Algeria, Egypt, Israel and Lebanon are under negotiation or under finalization and their signing will be announced on this website. As set out in the Interreg Regulation, Partner Countries have the possibility to sign until 30 June 2024: without this commitment the beneficiaries from a Partner Country cannot participate in the Interreg NEXT MED programme.

Financing agreements are indispensable tool for the implementation of the Interreg NEXT MED and its projects: thanks to this instrument, all concerned stakeholders from Member States and Partner Countries can work together within a common EU legal framework. The type of provisions included in the financing agreements are related to programme and project implementation, such as the identification and role of the programme bodies and national authorities, the audit and checks to the projects, the budget allocated to the programme, the commitment on prevention, detection and correction of irregularities and fraud, recoveries, or rules for procurement by project beneficiaries.

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