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Cultural Exchange Fund

Description



CULTURAL EXCHANGE FUND

Under Article 8 and Annex C of the Memorandum of Understanding on the implementation of the Norwegian Financial Mechanism 2004-2009 (the NFM was established in accordance with the Agreement dated 14th October 2003 between the Kingdom of Norway and the European Community on the Norwegian Financial Mechanism for 2004-2009), entered into between the Kingdom of Norway and the Republic of Poland, as well as Article 8 and Annex C of the Memorandum of Understanding on the implementation of the EEA Financial Mechanism for 2004-2009, entered into between the Republic of Iceland, the Principality of Liechtenstein, the Kingdom of Norway and the Republic of Poland, the Parties have decided to create a Scholarship and Training Fund.

Under the proposal of Donor States dated 23rd November 2006, a separate component was established within the Scholarship and Training Fund - a Cultural Exchange Fund that is devoted to the cooperation between Poland and Donor States in the field of culture, including music, acting and literature.

In compliance with The Scholarship and Training Fund as well as The Cultural Exchange Fund - scope and implementation basis accepted by European Committee of the Council of Ministers on 17th April 2007, the Fund Operator shall be the Ministry of Culture and National Heritage.