Financing agreement worth EUR 27,5 million was signed on 27 September 2017 in Brussels, in the presence of Jadranka Joksimovic, Minister for European Integration of the Republic of Serbia and Johannes Hahn, Commissioner for Neighborhood Policy and Enlargement Negotiations. This is the second of four financial agreements which will be signed in order to implement the National Action Program IPA 2016.

The funds available under this Agreement will be used for Education sector reform for programmes that will assist teaching staff to improve education and training system in order to better match the needs of the labour market, which is in line with the National Education Development Strategy in Serbia until 2020.

This is the first EU agreement of its kind with one of the Western Balkan countries.