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Visegrad Group – Western Balkans Fund became a reality

On November 12 – 13, 2015 a traditional Conference of Visegrad Group and Western Balkans countries took place in Prague. At the end of the conference an agreement on establishment of Western Balkans Fund was signed by all Western Balkans countries.

Meeting of foreign ministers was an opportunity to ensure Western Balkans countries that the Visegrad Group supports integration of the whole region into EU. „Economic development and political stability of Western Balkans are closely tied with security and prosperity of the whole Central and Eastern Europe region. In the past I learned many lessons of this truth“, minister Zaoralek quoted.  

Visegrad Group shares with Western Balkans countries its experiences from regional cooperation, and aims at establishment of deeper cooperation between both regions. Western Balkans Fund is going to function on International Visegrad Fund basis and principles. The new headquaters of the fund will be placed in Tirana. Each Western Balkans country will deposit to the fund EUR 30.000 and the Visegrad countries together will contribute EUR 80.000 to support expert assistance in launching the fund´s activities.