Explanatory Memorandum to COM(2009)565 - Signature and provisional application of the Agreement with the Government of the Faroes on Scientific and Technological Cooperation, associating the Faroe Islands to the EC's Seventh Framework Programme for Research, Technological Development and Demonstration Activities (2007-2013)

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Subject: Proposal for a Council decision on the signature and provisional application of an agreement between the European Community and the Government of the Faroes on scientific and technological cooperation, associating the Faroe Islands to the European Community's Seventh Framework Programme for Research, Technological Development and Demonstration Activities (2007-2013)

1. On 15 June 2009 the Council authorised the European Commission to negotiate an Agreement between the European Community and the Government of the Faroes for scientific and technological cooperation, associating the Faroes to the Seventh (EC) Framework Programme for Research and Development (2007-2013).

2. The negotiations between the two parties were completed and resulted in the attached draft agreement, which was initialled on 13 July 2009 and which is in line with the negotiating directives issued by the Council.

3. 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, effective protection of intellectual property and equitable sharing of intellectual property rights.

4. The agreement will open to legal entities of the Faroe Islands the same participation and funding rights and obligations as the legal entities established in the EU Member States. Furthermore, the agreement foresees the participation of representatives of the Faroes as observers with no voting rights in the FP7 Programme Committees and in the Board of Governors of the Joint Research Centre.

5. This S&T association agreement will help to structure and enhance the scientific and technological cooperation between the EC and the Faroes, through regular meetings of its Joint Committee, in which specific cooperation activities can be planned.

6. The agreement shall enter into force on the date on which the parties exchange diplomatic notes informing each other that their respective internal procedures necessary for its entry into force have been completed and shall remain in force for the remaining duration of the Seventh EC Framework Programme.

7. It is proposed that this Agreement should apply provisionally as of 1 January 2010 subject to its conclusion at a later date.

In light of the above considerations, the Commission requests the Council:

– to authorise the signature, on behalf of the European Community, of the Agreement between the European Community and the Government of the Faroes on scientific and technological cooperation .