The Albanian government has approved three new draft laws aimed at advancing the country’s European Union integration process, while also deciding to end the operation of the Fuel Transparency Board.

Speaking after the Cabinet meeting, Minister of Economy and Innovation Delina Ibrahimaj said the draft laws are part of Chapter 6 of Albania’s EU accession negotiations, which focuses on company law and the alignment of Albanian legislation with European Union standards.

The approved bills include the draft law “On the Statute for European Companies,” the draft law “On European Cooperative Societies,” and the draft law “On European Economic Interest Groupings.”

According to Ibrahimaj, the legislation establishes, for the first time, a comprehensive legal framework fully aligned with EU rules, creating new opportunities for Albanian businesses to operate under conditions similar to those enjoyed by companies across the European Union.

“These three draft laws are part of a package of nine laws that will ensure Albanian commercial companies have the same opportunities and operating conditions as European companies,” Ibrahimaj said.

She noted that the law on the statute for European companies introduces a legal framework that previously did not exist in Albania and is designed to strengthen cooperation between Albanian and European businesses. The other two bills regulate European cooperative societies and European economic interest groupings.

The minister added that the draft laws are expected to be submitted to Parliament for approval in July, in line with the timetable agreed with the European Union.

During the same meeting, the Council of Ministers also approved the termination of the special market measures in the fuel sector and officially ended the operation of the Fuel Transparency Board.

Ibrahimaj said the decision was made following the stabilization of international fuel markets and a decline in fuel prices in recent weeks.

“Fuel prices have been decreasing for more than two weeks, and international markets have stabilized. Under these circumstances, the conditions have been met to conclude the work of the Transparency Board,” she stated.

According to the government, geopolitical developments and the global hydrocarbons market have entered a more stable phase, making it possible to return to the normal functioning of the fuel market in Albania.