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Innovation & Cooperation<br />
Foto: CEI<br />
1 st MEETING of CEI National Coordinators –<br />
CNC, Budapest, 22 Jan. 2013<br />
Foto: Giovanni Montenero<br />
MEETING of the CEI Ministers of Foreign<br />
Affairs, Trieste, 13 June 2012<br />
Funds, Instruments & Figures:<br />
strategic approach to regional cooperation<br />
<strong>The</strong> CEI is a well-functioning intergovernmental machinery,<br />
our strong operational character <strong>and</strong> project-oriented<br />
approach, our manifold activities in various areas<br />
<strong>and</strong> initiatives to create a good business environment as<br />
well as our investment in a knowledge-based economy<br />
have served <strong>and</strong> are going to continue serving to increase<br />
the economic, social <strong>and</strong> territorial cohesion within<br />
our regional scope. In order to meet the strategic objectives<br />
for the benefit of its Member States, the CEI makes<br />
use of a variety of Funds <strong>and</strong> Instruments covering ten<br />
main areas of cooperation:<br />
Our 20-plus-year partnership with the <strong>European</strong><br />
Bank for Reconstruction <strong>and</strong> Development (EBRD) is a<br />
real success-story in this regard, significantly contributing<br />
to strengthening CEI’s project-oriented dimension.<br />
<strong>The</strong> CEI Fund at the EBRD, towards which the Italian<br />
Government has solely made a total contribution of<br />
€38.5 million, mainly provides grant-type assistance<br />
for specific components of Technical Cooperation (TC)<br />
projects. Since its inception in 1992, the Fund has provided<br />
more than €23 million for funding more than 130<br />
TC assignments, mobilising €4.8 billion of international<br />
investments in the countries of operations. For one euro<br />
spent on CEI Technical Cooperation, €215 were invested<br />
by the EBRD, other IFIs <strong>and</strong> clients.<br />
Since 2004, the CEI Fund at the EBRD has also contributed<br />
a total of more than €2.1 million to the Know-How<br />
Exchange Programme (KEP) supporting 75 projects. >><br />
<strong>The</strong> <strong>European</strong> <strong>Business</strong> <strong>and</strong> <strong>Investment</strong> <strong>Magazine</strong> <strong>iconannual</strong> 69