Council of Ministers approves reached agreements with Korea and Switzerland
Council of Ministers took several decisions in the last meeting on February 25, by approving several articles pursuant to “For the establishment of treaties and international relations” law by the proposal of Ministers of Energy, Finances and Transport.
With the proposal of Minister of Energy and Industry and Minister of Finances, Council of Ministers decided the approval in principal of the agreement reached between the Albanian Council of Ministers and Swiss Confederation government for “The establishment of capacities in developing gas infrastructure in Albania, II” project assistance grant, at the amount of 6.6 ml EUR.
With the proposal of Minister of Transport and Infrastructure and Minister of Finances, Council of Ministers decides the approval of loan agreement reached between the Albanian government and International Bank of Reconstruction and Development for “Project for the maintenance and road safety based in results” project, a 65.9 ml EUR loan.
Pursuant to article 1000 of Constitution and articles 5 and 7, of law number 8371, date 9.7.1998, “For the establishment of treaties and international agreements”, with the proposal of Minister of Economic Development, Trade, Entrepreneurship and Tourism, the Council of Ministers decided the approval of the agreement reached between Albania and the Republic of Korea for economic cooperation.
News source/photo credits: Invest in Albania