The government approved on Thursday, through a memorandum, Romania's participation in the EastInvest facility and the signing of the Declaration of Intent on supporting EU eastern border regions through this financing instrument, scheduled for February 26, 2026.
According to a government release, the memorandum sets out Romania's participation in EastInvest via the Investment and Development Bank and grants its legal representative the mandate to sign the Declaration of Intent.
"The EastInvest platform will be established at EU level and aims to strengthen the resilience of regions along the Union's eastern border, both in terms of security and economic development. EastInvest will operate through a website hosted by the European Commission, providing potential beneficiaries with information on lending conditions and redirecting them to the participating financial institutions," the statement notes.
The platform will be launched on February 26, 2026, bringing together the European Investment Bank Group (EIB), the European Bank for Reconstruction and Development (EBRD), the Council of Europe Development Bank, the Nordic Investment Bank (NIB), as well as national and regional promotional and development banks.
After the government meeting, Minister of European Investments and Projects Dragos Pislaru said that Romania's participation "positions the country firmly on the map of financial instruments and represents a step toward the new 2028 - 2034 multiannual financial framework".
"This declaration of intent brings together national promotional banks from several eastern-border states, alongside the EIB, the EBRD, the Council of Europe Development Bank and the Nordic Investment Bank, effectively creating a financing community for the instruments we are targeting. Romania is taking an important step. This memorandum, signed together with the Ministry of Finance, which oversees the Investment and Development Bank, is not only symbolic of our proactive policy - also visible in the Ministry of Foreign Affairs' efforts - but crucial for securing as many resources as possible under the next multiannual financial framework, beyond the allocations under the national and regional partnership plan," Pislaru explained.
The minister added that the initiative complements a recently launched project by the Ministry of European Investments and Projects and the World Bank to support the three border regions - northwest, northeast and southeast - in preparing strategies to capitalize on opportunities linked to Ukraine's reconstruction and Romania's strategic positioning.
"We are moving in the right direction. This time, we did not miss the opportunity and have even achieved an important diplomatic success, ensuring that Romania's role will be formally recognized next week," Pislaru said.
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