The new Host Country Agreement between the Government of Finland and NEFCO has been approved by the Finnish Parliament and accepted by the President of the Republic of Finland. The agreement, signed on 15 October 2013, has entered into force on 11 May 2014.
NEFCO, being an international organisation, does not fall under any national legislation and therefore a number of matters of both principal and practical nature are settled through an agreement between the organisation and the host country. The document regulates the relations between the Government of Finland and NEFCO, and is one of NEFCO’s constituent documents.
The renewed agreement replaces the agreement from 1999 and strengthens further NEFCO’s status as an international organisation. It also includes provisions on inter alia immunities and privileges as well as provisions on the staff’s social security coverage.