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Summary of Treaty

Official Title 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
Depositary Council of the European Union
Contracting Parties European Community, Republic of Korea
Authentic Texts Czech, Danish, Dutch, English, Estonian, Finnish, French, German, Greek, Hungarian, Italian, Korean, Latvian, Lithuanian, Maltese, Polish, Portuguese, Slovakian, Slovenian, Spanish, Swedish
Subject Matters Asia
Research and Innovation
Entry into force conditions Article 12 Agreement
Settlement of disputes Article 10 Agreement
Territorial application Article 9 Agreement
Management Joint Committee (Article 6)
Ratification Status NOT
Conclusion Decision 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
Competence Exclusive
Legal Basis Treaty EC: Article 170

Last Update :   19/11/2008