EXPLANATORY MEMORANDUMMay 19th, 2017
FiledMay 19th, 2017The Agreement for scientific and technological cooperation between the European Community and the Federative Republic of Brazil1 (‘the Agreement’) entered into force on 7 August 2007. Article XII(2) of the Agreement provides that it ‘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’. The Agreement was last renewed in 2012 and remains in force until 7 August 2017, unless the Parties renew it for the next five-year period.