Romania’s government on June 18 approved the negotiation and signing of a memorandum of understanding (MoU) with Serbia to facilitate information exchanges on the proposed Djerdap (Iron Gates) 3 pumped-storage hydropower plant on the Danube, following an invitation by the US Embassy in Serbia to companies interested in participating in the project. The MoU is intended to support cooperation between the two countries by enabling the exchange of information among institutions and companies involved in the development of the project. According to the government decision, Romania wants the project to be developed under conditions that protect the interests of both countries.