Through the Agreement on the European Economic Area (EEA), Iceland, Liechtenstein and Norway are partners in the internal market with the Member States of the European Union. As a way of promoting a continuous and balanced strengthening of economic and trade relations, the parties to the EEA Agreement have established a multi-annual Financial Mechanism, known as the EEA known as EEA Grants. The EEA Grants aim to reduce social and economic disparities in Europe and strengthen bilateral relations between these three countries and the beneficiary countries. For the 2014-2021 period, a total contribution of 2.8 billion euros was agreed for 15 beneficiary countries. Portugal will receive 102.7 million euros. Find out more at eeagrants.gov.pt