External financing projects are financial measures meant to support certain types of economic agents, to streamline and facilitate their work. Republic of Moldova is at stage in which the number of such projects is constantly growing.

     One of the main rules of attracting and effective use of external funds is that they are to be used in a manner compatible with the State aid rules. In this context was approved Law No 139 of 15.06.2012 on State aid, which entered into force on 16.08.2013.

     State aid rules aim to ensure fulfillment of the fundamental principles which are based on of the functioning of the market and creation of a normal competitive environment. If external financing projects are granted selectively, favoring a particular company or a particular sector, thus creating premises of distortion of competition, then they fall into the category of state aid.

     In order to identify areas eligible for financing, eligible costs of the projects, the level of funding from public sources and the contribution of final beneficiaries, authorization procedure and monitoring, central  and local public authorities – state aid providers – together with the Competition Council will identify possible State aid and will take the steps necessary to create the legal framework for enhancing access and absorption of external financing by economic agents.