Through the European Economic Area (EEA) Agreement, Iceland, Liechtenstein, and Norway are partners, in the internal market, of the Member States of the European Union. As a way of promoting a continuous and balanced strengthening of the economic and trade relations, the parties of the European Economic Area Agreement have established a Multiannual Financial Mechanism, known as the EEA Grants. The EEA Grants aim to reduce the economic and social disparities in the European Economic Area and strengthen the bilateral relations between beneficiary and donor countries. For the period 2014-2021, a total contribution of 2.8 thousand million euros has been agreed to 15 beneficiary countries. Portugal will benefit from an amount of 102.7 million euros. Know more at www.eeagrants.gov.pt
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