This agreement covering all regions of the country defines the strategy to be

implemented for the optimal use of Structural Funds and European investment, up
to 23 billion euro in total. These investments increased since 2007-2013, which put
Romania on the path to employment and growth for the next ten years include the
financing of European territorial cooperation and the allocation for the initiative for
youth employment, under the cohesion Policy for 2014-2020. Romania, the first
country to have established contractual relations with the EU European countries,
also receives 8 billion euro for rural development and 168 million euro for the
shipping industry and fishing in particular through the EAFRD and EMFF.
The main objectives of these investments are focused on the fight against
unemployment, the development of a green economy in the effective use of
resources and the promotion of entrepreneurship. These funds will also be used to
boost competitiveness and promote economic growth by supporting innovation,
education and training in cities of all sizes and rural areas and to combat social
exclusion.
This strategy is based on the significant commitment brought by Romania to help
the EU achieve the objectives of the 2020 Strategy efficiently, in smart and
sustainable growth, social inclusion and climate change mitigation. In return, these
investments will develop the competitiveness of the country, in urban and rural
areas, in growth sectors such as ICT, energy, engineering, nanotechnology and bioeconomy, ensuring benefits for the economy Romania and its citizens.