Kovač: Law on cohesion policy management confirms Serbia's European path

The President of the Committee on European Integration of the Serbian Parliament, Elvira Kovač, stated today that the Serbian Parliament and Government, by adopting the law on the establishment and functioning of the system for managing cohesion policy, are proving that the country is firmly on the European path.

Kovač: Law on cohesion policy management confirms Serbia's European path

TL;DR

  • Serbia's adoption of the law on cohesion policy management signifies its commitment to the European Union.
  • The law establishes a legal framework for the effective management of cohesion policy funds.
  • This proactive measure aims to ensure Serbia is prepared to absorb EU funds upon membership, avoiding delays faced by other nations.
  • The legislation is seen as a crucial step towards the closing of Negotiating Chapter 22.
  • The process of developing the law was inclusive, involving EU representatives and receiving approval from the European Commission.
  • Provisions for pre-financing support for local self-governments are included to aid regional development, particularly in rural areas.