Considerations on COM(2022)65 - Conclusion of the Agreement with the Government of the Faroe Islands on the participation of the Faroe Islands in Union programmes

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(1) The Union programme Horizon Europe – the Framework Programme for Research and Innovation (2021-2027) was established by the Regulation (EU) 2021/6953 (hereinafter referred to as ‘the Horizon Europe Programme’).

(2) Pursuant to Article 16(1)(d) of Regulation (EU) 2021/695, the Horizon Europe Programme is open to the association of third countries and territories which fulfil jointly the criteria specified therein.

(3) Pursuant to Article 16(2) of Regulation (EU) 2021/695, the association of such countries and territories to the Horizon Europe Programme requires an agreement covering the participation of such a country or territory to any Union programme provided that the agreement ensures a fair balance as regards the contributions and benefits of the third country participating in the Union programmes, lays down the conditions of participation in the Union programmes, including the calculation of financial contributions to individual programmes, and their administrative costs, does not confer on the third country any decision-making power in respect of the Union programme, guarantees the rights of the Union to ensure sound financial management and to protect the Union's financial interests.

(4) By letter of 14 May 2020 the Faroes Islands expressed their formal interest to become associated to the Horizon Europe Programme.

(5) On 13 July 2021, the Council authorised the opening of negotiations on behalf of the European Union for the conclusion of an Agreement between the European Union, of the one part, and the Faroe Islands, of the other part, on the general principles for the participation of the Faroe Islands in Union programmes and the association of the Faroe Islands to the Horizon Europe – the Framework Programme for Research and Innovation (2021-2027).

(6) The negotiations with the Faroe Islands have been successfully concluded and the Agreement was initialled on 8 October 2021.

(7) The Agreement sets out the terms and conditions of the association of the Faroe Islands to the Union programmes. Pursuant to Article 3 of the Agreement, the association to the Union programme is subject to adoption of Protocols.

(8) In line with the Council’s authorisation, the Protocol on the association of the Faroe Islands to the Horizon Europe – the Framework Programme for Research and Innovation (2021-2027) was negotiated in parallel to the Agreement and forms an integral part thereof.

(9) In accordance with Council Decision (EU)…/…4 the Agreement was signed on behalf of the Union in [Brussels] on […/…/…], subject to its conclusion at a later date.

(10) The European Parliament has given its consent to the Agreement on […/…/…]5.

(11) The Agreement should be approved on behalf of the Union.