Governance and cooperation in the NORA region

Chapter 3 focuses on the potential of transnational co-operation in the NORA region. The similarities in framework conditions and challenges shared by the NORA regions, the small size of markets and the limited resources within each of the NORA territories argue for collaborative efforts, exchange of know-how and best practices, and transnational co-operation to confront some of the main challenges of the region. The chapter starts with a description of the wide and complex web of territorial co-operation already present in the NORA region. The second section explores both the range of potential benefits of transnational co-operation, and the main barriers that regional co-operation faces. The third section describes the main areas in which there is potential for transnational co-operation. Finally, the fourth section provides a series of recommendations to overcome the barriers to co-operation and to maximise the contribution of transnational co-operation in the NORA region.