EC/Brazil Agreement for scientific and technological cooperation: renewal

PURPOSE: to renew the scientific and technological cooperation agreement between the European Community and Brazil.

NON-LEGISLATIVE ACT: Council Decision (EU) 2018/343 concerning the renewal of the Agreement for scientific and technological cooperation between the European Community and the Federative Republic of Brazil.

CONTENT: the Council decided to approve, on behalf of the Union, the renewal of the Agreement for scientific and technological cooperation between the European Community and Brazil, for an additional period of five years.

The Agreement for scientific and technological cooperation between the European Community and Brazil entered into force on 7 August 2007. It was valid for a period of five years and may be renewed by agreement between the Parties.

The agreement was renewed in 2012 for an additional five years.

The exchange of letters between the Parties, dated 14 November 2016 and 5 January 2017, confirmed their interest in renewing the Agreement for another five years.

Cooperation under this Agreement may cover all the areas of mutual interest in which both Parties are implementing or supporting research and technological development activities. Such activities shall be designed to promote the advancement of science, industrial competitiveness, and economic and social development.

Cooperative activities shall be conducted on the basis of the following principles:

• mutual benefit based on an overall balance of advantages;
• reciprocal access to the activities of research and technological development undertaken by each Party;
• timely exchange of information which may affect cooperative activities;
• appropriate protection of intellectual property rights.

ENTRY INTO FORCE: 5.3.2018.