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Central <strong>European</strong> Initiative<br />

CEI<br />

Immediately after the fall of the Berlin wall in 1989, Italy,<br />

Austria, Hungary <strong>and</strong> the former Yugoslavia established –<br />

as it is known today – the Central <strong>European</strong> Initiative<br />

(CEI). Since its inception, the CEI has taken root, grown<br />

<strong>and</strong> finally blossomed into the largest <strong>and</strong> oldest regional<br />

intergovernmental forum, committed to supporting <strong>European</strong><br />

integration. Currently counting eighteen Member<br />

States 1 , the CEI has become a recognised promoter of EU/<br />

non-EU-country partnership <strong>and</strong> regional cooperation.<br />

Moreover, its unique geographical position makes the CEI<br />

the only regional international organisation connecting<br />

the Baltic, the Danube, the Adriatic-Ionian, the Black Sea<br />

<strong>and</strong> the Alpine regions. It is the only organisation providing<br />

a peer-to-peer environment for bridging experience<br />

<strong>and</strong> synergising the new added values of the macro-regional<br />

approach to the complexity of transnational governance<br />

<strong>and</strong> programming.<br />

<strong>The</strong> CEI strategic objectives, outlined in the CEI Plan of<br />

Action, are focusing on supporting its Member States on<br />

their path towards <strong>European</strong> integration; promoting the<br />

alignment of the CEI Member States to EU st<strong>and</strong>ards; implementing<br />

small <strong>and</strong> medium-sized projects <strong>and</strong> converting<br />

constructive ideas into innovative results. In order to<br />

offer a solid contribution to <strong>European</strong> integration the CEI<br />

combines political dialogue (multilateral diplomacy) <strong>and</strong><br />

project management. Through its project-oriented working<br />

method, the CEI is also a flexible basis for regional cooperation<br />

of its Western Balkan countries <strong>and</strong> the three Eastern<br />

Partners (Belarus, Moldova <strong>and</strong> Ukraine). <strong>The</strong> CEI is<br />

paying special attention to its non-EU Member States' need<br />

for capacity building through know-how transfer <strong>and</strong><br />

exchange of experience with its EU countries, thus also<br />

providing sound evidence of the permanent validity of its<br />

A solid<br />

contribution<br />

to <strong>European</strong><br />

integration<br />

mission in these difficult times of political turbulence <strong>and</strong><br />

economic crisis.<br />

In order to meet the strategic objectives for the benefit of<br />

its Member States, the CEI makes use of a variety of Funds<br />

<strong>and</strong> Instruments for cooperation:<br />

Our 20-plus-year partnership with the <strong>European</strong> Bank<br />

for Reconstruction <strong>and</strong> Development (EBRD) is a real<br />

success-story in this regard, significantly contributing to<br />

strengthening CEI's project-oriented dimension. <strong>The</strong> CEI<br />

Fund at the EBRD, towards which the Italian Government<br />

has solely made a total contribution of €41.5 million, mainly<br />

provides grant-type assistance for specific components<br />

of Technical Cooperation (TC) projects. Since its inception,<br />

the Fund has provided more than €24 million for funding<br />

144 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 had been invested<br />

by the EBRD <strong>and</strong> other International Financial Insitutions.<br />

<strong>The</strong> Fund's main beneficiaries are the non-EU CEI<br />

Member States.<br />

Since 2004, the CEI Fund at the EBRD has also contributed<br />

a total of more than € 2.2 million to the Know-How<br />

Exchange Programme (KEP) supporting 80 projects. As of<br />

2008, the KEP has been also financed by Austria through an<br />

1 CEI Member States <strong>and</strong> accession date: Albania (1996), Austria (1989), Belarus (1996), Bosnia <strong>and</strong> Herzegovina (1992), Bulgaria (1996), Croatia (1992), Czech Republic (1993), Hungary (1989), Italy (1989),<br />

Macedonia (1993), Moldova (1996), Montenegro (2006), Pol<strong>and</strong> (1991), Romania (1996), Serbia (2000), Slovakia (1993), Slovenia (1992), Ukraine (1996)<br />

20 <strong>iconannual</strong> <strong>The</strong> <strong>European</strong> <strong>Business</strong> <strong>and</strong> Investment <strong>Magazine</strong>

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