Agreement on the Scientific and Technological Cooperation between the European Community and the Government of the Republic of Korea
Type of Agreement
Bilateral
Place of Signature
Brussels
Date of Signature
22/11/2006
Date of Entry Into Force
29/03/2007
Duration
Indefinite
Objective of Agreement
To establish a formal framework to implement the overall cooperative activities that will strengthen cooperation in science and technology between the Parties.
Remarks
Considering the importance of science and technology for economic and social development in Europe and Korea, both parties expressed the desire to upgrade and intensify their cooperation in areas of common interest. The agreement is based on the principles of mutual benefit, reciprocal opportunities for access to each other's programmes and activities relevant to the purpose of the agreement, non-discrimination, the effective protection of intellectual property and the equitable sharing of intellectual property rights. It is concluded for an initial period of five years and be tacitly renewed, subject to the recommendation of an external independent evaluation carried out during the penultimate year of each successive five-year period.
OJ Reference
L106,
24/04/2007,
p. 44
Nature of Agreement
scientific and technological co-operation agreement
2007/241/EC: Council Decision of 27 March 2007 on the conclusion of the Scientific and Technological Cooperation Agreement between the European Community and the Government of the Republic of Korea; OJ L106 of 24/04/2007, p.43