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Law No. 163 Of 30 July 1998 On The Ratification Of The Memorandum Of Understanding On Economic Cooperation Program Between The Romanian Government And The Government Of The Netherlands, Signed At The Hague On 5 March 1998

Original Language Title:  LEGE nr. 163 din 30 iulie 1998 pentru ratificarea Memorandumului de înţelegere-Program de cooperare economică dintre Guvernul României şi Guvernul Olandei, semnat la Haga la 5 martie 1998

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LEGE no. 163 163 of 30 July 1998 for the ratification of the Memorandum of Understanding-Economic Cooperation Programme between the Government of Romania and the Government of the Netherlands, signed in The Hague on 5 March 1998
ISSUER PARLIAMENT
Published in OFFICIAL MONITOR no. 289 289 of 6 August 1998



The Romanian Parliament adopts this law + Article UNIC The Memorandum of Understanding is ratified-Economic Cooperation Program between the Government of Romania and the Government of the Netherlands, signed in The Hague on March 5, 1998. This law was adopted by the Senate at the meeting of June 29, 1998, in compliance with the provisions of art 74 74 para. (2) of the Romanian Constitution. p. SENATE PRESIDENT CRISTIAN DUMITRESCU This law was adopted by the Chamber of Deputies at its meeting on July 9, 1998, in compliance with the provisions of 74 74 para. (2) of the Romanian Constitution. p. CHAMBER OF DEPUTIES PRESIDENT PAULA IVANESCU + MEMORANDUM OF UNDERSTANDING-ECONOMIC COOPERATION PROGRAMME between the Romanian Government and the Netherlands Government On November 11, 1997, meetings between representatives of the Department for European Integration of the Romanian Government and the Ministry of Economic Affairs of the Netherlands took place in Bucharest, in order to discuss the The Netherlands with Romania, as part of the Netherlands Assistance Program for Central and Eastern Europe (PSO). This program is a non-refundable assistance program. The Dutch cooperation programme aims to support Romania's transition to a viable market economy. Within the PSO projects, the Government of the Netherlands finances projects entrusted to Dutch firms, in order to transfer knowledge, and expertise. Projects under the programme may contain elements contributing to Romania's pre-accession strategy to become a member of the European Union. In Annex no. 1 this Memorandum of Understanding specifies the areas of cooperation under the programme in 1998. The cooperation topics after 1998 will be specified in the following annexes. Projects under this programme can be directed towards supporting firms or their business climate through the specific Dutch expertise. These projects may include the transfer of knowledge and expertise, as well as the necessary works, goods and services. The provisions of this memorandum of understanding will apply to all projects that will be executed under this program. In addition to this bilateral assistance program, the Government of the Netherlands also contributes to the programs of the World Bank, the B.E.R.D. and other international organizations, especially in the field of energy, the financial sector and privatization. In addition, the Government of the Netherlands finances an economic technical assistance program, MATRA, which aims to support the process of social transformation in Romania. Projects within MATRA can be developed as much in the public and non-governmental sectors, in areas such as: mass communication, culture, human rights, environment, legal, health and housing. The goods imported under the Economic Cooperation Program between the Government of Romania and the Government of the Netherlands will be exempt from the payment of customs duties, value added tax or other taxes due to the state budget. SENTER, the agency of the Ministry of Economic Affairs of the Netherlands, will develop the terms of reference and the hiring procedures for the concrete projects that will be carried out within the provisions of 1 1 to this memorandum of understanding. Beneficiaries in Romania, as well as the Department for European Integration, as coordinator of this program in Romania, will be informed and consulted about the terms of reference to be elaborated. In addition to the Netherlands Assistance Programme for the Centre and Eastern Europe, the Government of the Netherlands is laying off separate funds to further strengthen the bilateral economic relations between Romania and the Netherlands and to stimulate and development of a free and viable market economy in Romania. This program can be used to identify potential PSO projects. In Annex no. 2 to this Memorandum of Understanding reference is made to the specific elements. Programme for Economic Cooperation Projects (PESP). This Memorandum of Understanding shall enter into force on the date of the last notification confirming that the Parties have fulfilled the requirements of the internal laws relating to the approval of this Memorandum of Understanding. Hague, 5 March 1998. For the Romanian Government, Alexander I. Herlea, Minister by delegation Prime Minister for European integration For the Netherlands Government, Anneke van Dok-Weele, foreign trade minister + Annex 1 to the Memorandum of Understanding-Economic Cooperation Program between the Government of Romania and the Government of the Netherlands in 1998 On November 11, 1997, meetings between representatives of the Department for European Integration of the Romanian Government and the Ministry of Economic Affairs of the Netherlands took place in Bucharest, in order to discuss the areas of cooperation in the framework of the Netherlands Cooperation Programme with Romania in 1998, as part of the Memorandum of Understanding on the Economic Cooperation Programme between the Government of Romania and the Government of the Netherlands. Both sides agreed that in the year 1998, under the PSO program, projects will be developed and implemented in the following areas: 1 1. Agro-business The objective is to strengthen the business sector in agriculture through an integrated approach. In this regard, attention will be paid to improving the primary production process in agriculture both at the level of private enterprises and related manufacturing industries, including distribution, and marketing. The ecological consequences will be taken into account. Particular attention will be paid to: -increasing the quality of production and value-added services; -transfer of know-how and introduction of technologies in the field of production, processing, distribution and marketing; -establishing cooperation between Romanian and Dutch companies in all aspects of the agricultural production chain. 2. Environment and energy conservation Projects will be implemented in the field of technology transfer and knowledge for environmental protection, taking into account legal obligations and standards, possibly as extensions of existing projects, financed by the Netherlands. The objectives of the projects can be to: introduce clean and low-energy technologies, improve energy efficiency, reduce harmful emissions, improve environmental and energy management. The governments of Romania and the Netherlands will at least establish a project to reduce greenhouse gas emissions. This project will be in line with the criteria of a joint implementation (Joint implementation), as agreed in Berlin in 1995, at the first conference of the Parties under the Climate Change Convention (CoP1). The Parties will establish the draft in line with the reporting rules of the Framework Convention on Climate Change (quality standards and monitoring of the object will also be established). After the identification of the project a letter of intent between the two governments will be signed. 3. Transport Projects can be developed or expanded in various areas of transport, such as public transport (depending on the outcome of the feasibility study financed under the PSO project in 1997, a project can be channelled on development tram lines in Bucharest) and/or telecommunications. The projects will aim to improve economic and technological cooperation and the transfer of know-how between Romanian and Dutch companies. 4. Developing the private sector Depending on the outcome of the feasibility study that is funded under the PSO 1997 Programme, a project will be possible to finance the organisation and management of an investment fund for small and medium-sized enterprises. The funds themselves will not come from PSO projects, but will be provided by the private sector (banks, investment funds and similar institutions). A certain percentage of investments will be intended to support Romanian-Dutch cooperation. Both sides agreed to meet in the autumn of 1998, with a view to monitoring the 1998 Programme and discussing the possible continuation and orientation of the Netherlands Cooperation Programme with Romania in 1999. + Annex 2 At the Memorandum of Understanding-Economic Cooperation Program between the Government of Romania and the Government of the Netherlands in 1998 Programme for economic cooperation projects In order to further strengthen the bilateral economic relations between Romania and the Netherlands and to stimulate the development of a free and viable market economy in Romania, the Government of the Netherlands is laying off separate funds to hire companies The commitments under this programme for economic cooperation projects (PEST) focus, in full, on the activities of the preliminary phase of the projects. Projects, feasibility studies, investment preparation studies and exchanges of expertise through scholarships are eligible under the PESP. For each contract, the Government of the Netherlands will allocate a maximum of two thirds of the project's total estimated budget, but no more than NLG 450,000 (four hundred and fifty thousand Dutch guldans) for an allocation. --------------------