Explanatory Memorandum to COM(2012)123 - Renewal of the Agreement for scientific and technological cooperation between the EC and Brazil

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dossier COM(2012)123 - Renewal of the Agreement for scientific and technological cooperation between the EC and Brazil.
source COM(2012)123 EN
date 20-03-2012
1. The Agreement on cooperation in science and technology (S&T) between the European Community and Brazil entered into force on 7 August 2007. Article XII of the Agreement provides as follows: This Agreement shall initially be valid for a period of five years and may be renewed by agreement between the Parties after evaluation during the penultimate year of each subsequent renewal period..

2. It is in the interest of the European Union to renew this Agreement in order to continue to facilitate cooperation with Brazil in common S&T priority areas leading to benefits for both Parties.

3. Both Parties confirmed their intention to renew the Agreement at the fifth meeting of the EU-Brazil Joint Steering Committee, held in Brasilia on 22 November 2011.

4. The material content of the renewed Agreement will be identical to that of the current Agreement.

5. In the light of the above considerations, the Commission requests the Council:

- to approve, on behalf of the Union, and following the consent of the European Parliament, the renewal of the Agreement for scientific and technological cooperation between the European Community and the Federative Republic of Brazil for an additional period of five years;

- to authorise the President of the Council to designate the person(s) empowered to notify the Government of the Federative Republic of Brazil that the Union has completed its internal procedures necessary for the entry into force of this renewed Agreement.