NATO-FINANCED INVESTMENT PROJECTS IN ROMANIA
NATO-FINANCED INVESTMENT PROJECTS IN ROMANIA

Author(s): Marius-Cristian Apostol
Subject(s): Economic policy, Military policy, Geopolitics
Published by: Carol I National Defence University Publishing House
Keywords: NSIP; definition; Legislation; Scrolling mechanism; Projects; Conclusions;
Summary/Abstract: NATO Security Investment Program has existed at NATO level since 1951. As defined in art. 2 lit. a) of Law no. 294/2007, "NSIP - NATO Security Investment Program" is intended to finance the objectives and facilities needed to support the activities of the NATO Strategic Commands, recognised to overcome the national defence demands of each NATO member country, and according to the provisions of Art. f) "NSIP project in Romania - investment project by which NSIP goods in Romania are made from NSIP financial funds and co-financed by NSIP through procurement procedures authorised by NATO bodies". In Romania, NSIP projects are run through the Ministry of National Defence (MND), after the signing of the documents of their acceptance. Their implementation is carried out through the structures of MND with attributions in the management of investment projects, according to the legal, technical, financial and administrative framework of NATO, in cooperation with the NATO specialised structures.

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