Brazil, with a population of more of 200 million people and twice the land area of the EU, faces wide regional development disparities between the North and the more developed South, as well as cross-border cooperation issues.
Against this background, on 29th November 2007 a Memorandum of Understanding was signed between DG REGIO and the Ministry of National Integration of Brazil to set up a structured dialogue on regional policy with the objective to promote mutual understanding and bilateral cooperation in the field of regional policy and to establish communication channels to strengthen the exchange of information.
This reflected the commitment made by the Commission in its Communication: 'Towards an EU-Brazil Strategic partnership', in which regional policy was identified as an important area on which both sides could share information and experience.
The policy dialogue has the principal objectives of reducing regional inequalities and encouraging the exploitation of endogenous potential. European regional policy experience has largely inspired Brazilian regional development model (Política Nacional de Desenvolvimento Regional -PNDR) both in terms of objectives and implementation systems.
Brazil has been and remains an important partner for the EU in the actions carried out to further this cooperation, namely:
Seven Latin Americas border areas were covered by INNOVACT, including Brazil-Argentina border area