Talks on Cooperation for the Development between Albanian and German Governments

Talks on Cooperation for the Development between the Government of the Republic of Albania and the Government of the Federal Republic of Germany were finalized today, chaired by Minister of Finance Arben Ahmetaj and Dirk Schattschneider. The protocol summarizes the financing commitments of the German government in the form of financial cooperation (loans and grants from KfW) as well as technical cooperation (GIZ) in a total of about 168.4 million Euros, with Euro 147.9 million being financial cooperation and Euro 20.5 million technical cooperation allocated in the fields of energy, sustainable economic development and water supply / sewage / solid waste.At the end of the talks, the parties signed the Protocol on Cooperation for Development.In the press release after the conclusion of the negotiations, the Minister of Finance and Economy, Arben Ahmetaj stressed the fact that this year marks the 30th anniversary of the successful partnership and cooperation between Albania and Germany and praised Germany’s support for over 30 years with more than one billion Euros both directly and indirectly.”The commitment of the Government of the Federal Republic of Germany with the total of Euro 168.4 million will be essential in deepening the process of Albanian social and institutional transformation towards achieving our ultimate goal and aspiration for EU membership”, said Minister Ahmetaj.The Ambassador of Germany in Tirana, Sussane Schütz expressed her satisfaction that the government talks on co-operation in the next two years between Albania and Germany were successfully concluded.For his part, the head of the German Federal Government delegation said that this jubilee year of the 30th anniversary of Albanian-German development cooperation has marked a record figure of nearly 170 million Euro financial promises, adding that KFW is also releasing Ministry of Finance in Albania a loan worth 100 million Euros through which the energy sector will be fundamentally reformed, and will improve the water supply of the whole population.

/Klara Ruci/