What is the Stability Pact?

The Pact is a political initiative to encourage and strengthen co-operation between the countries of South Eastern Europe as well as to streamline existing efforts for assisting South Eastern Europe¡¦s political, economic and security integration in Europe. The Pact does not implement the projects, which were placed under its auspices during the First regional Funding Conference of March 2000. It is an instrument to co-ordinate and possibly accelerate the projects of all its partners, such as the European Commission, NATO and OSCE, the International Financial Institutions, the member states of the European Union, other Stability Pact partners such as the United States, Russia, Hungary, Canada, Norway and Switzerland as well as all the countries of south eastern Europe. (FRY joined October 26 2000). The Stability Pact has 3 Working Tables with about 200 projects under the Quick Start Programme (start of projects between March 2000 and March 2001) with an overall financial engagement of 2.4 bio Euro for the region as a whole. Working Table I is dealing with Democratisation & Human Rights, Working Table II with Economic Reconstruction, Development and Co-operation, Working Table III with Security (one Sub-table Security and Defence, one Sub-table Justice and Home Affairs). Stability Pact activities in Romania Stability Pact Projects in Romania, including regional projects with Romanian participation (see Annexes for details) Working Table I 19 projects in the fields of Education, Media, Parliamentary Co-operation, Minorities, Gender approx. 14 Mio Euro Working Table II (Infrastructure) 3 projects (+1): „X Bucharest Cernavoda Road 270 Mio Euro QSP (of total 340 Mio) „X Bucharest Giurgiu Expressway 66 Mio Euro „X Trade and Transport Facilitation Program for Southeast Europe 103 Mio US$ total for 6 countries (share of Romania 27 Mio US$) „X Vidin Calafat Bridge between Romania and Bulgaria Financing with Bulgaria Working Table III 6 projects Approx. 12 Mio Euro