Explanatory Memorandum to COM(2014)677 - Renewal of the Agreement for scientific and technological cooperation between the EC and the Government of India - Main contents
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| dossier | COM(2014)677 - Renewal of the Agreement for scientific and technological cooperation between the EC and the Government of India. |
|---|---|
| source | COM(2014)677  |
| date | 29-10-2014 |
1. CONTEXT OF THE PROPOSAL
The Agreement on scientific and technological cooperation between the European Community and the Government of the Republic of India was signed in New Delhi on 23 November 2001. Article 11(b) of the Agreement provides as follows: 'This Agreement shall be concluded for an initial period of five years and may be renewed by mutual agreement between the Parties after evaluation during the last year of each successive period'.
By its Decision 2009/501/EC of 19 January 2009, the Council approved the renewal of the Agreement for a further period of five years, until 17 May 2015.
Renewal of the Agreement for five more years would be in the interest of both Parties so as to maintain continuity in the scientific and technological relations between India and the European Union.
2. RESULTS OF CONSULTATIONS WITH THE INTERESTED PARTIES AND IMPACT ASSESSMENTS
At the meeting of the Steering Committee, set up under Article 6(b) of the Agreement, held in Brussels on 9 October 2013, both Parties agreed that the Agreement should be renewed for a further period of five years.
3. LEGAL ELEMENTS OF THE PROPOSAL
The material content of the renewed Agreement will be identical to that of the current Agreement, which expires on 17 May 2015.
4. BUDGETARY IMPLICATION
The Legislative Financial Statement presented with this decision sets out the indicative budgetary implications.
In the light of the above considerations, the Commission requests the Council:
- To approve, on behalf of the Union, and following the consent of the European Parliament, the renewal of the Agreement for scientific and technological cooperation between the European Community and the Government of the Republic of India for an additional period of five years;
- To authorise the President of the Council to designate the person(s) empowered to notify the Government of the Republic of India that the Union has completed its internal procedures necessary for the entry into force of the renewed Agreement.