Through the European Economic Area (EEA) Agreement, Iceland, Liechtenstein and Norway are partners, in the internal market, of the Member States of the European Union. As a way of promoting a continuous and balanced strengthening of the economic and trade relations, the parties of the European Economic Area Agreement have established a Multiannual Financial Mechanism, known as the EEA Grants.
The EEA Grants have as their objectives reduce the economic and social disparities in Europe and strengthen the bilateral relations between this three countries and beneficiary countries. For the 2014-2021 period, a total contribution of € 2.8 billion was agreed for 15 beneficiary countries. Portugal will benefit from an amount of 102,7M€.
The Fund for Bilateral Relations of EEA Grants aims to strengthen the relationships between Portugal and the Donor States by funding bilateral initiatives that aim to increase strategic cooperation, networking, knowledge sharing, and the implementation of other joint initiatives.
«EEA Grants: Working together for a green, competitive and inclusive Europe»
Know more at eeagrants.gov.pt.