Considerations on COM(2014)495 - Signature and provisional application of the Agreement for scientific and technological cooperation with the Faroe Islands associating the Faroe Islands to Horizon 2020

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table>(1)Horizon 2020 — the Framework Programme for Research and Innovation (2014-2020) (‘Horizon 2020’) was established by Regulation (EU) No 1291/2013 of the European Parliament and the Council (1) for the period from 1 January 2014 to 31 December 2020.
(2)On 18 March 2014 the Council authorised the Commission to open negotiations, on behalf of the Union, with the Faroe Islands, in order to conclude an agreement for scientific and technological cooperation between the European Union and the Faroe Islands associating the Faroe Islands to Horizon 2020.

(3)Those negotiations have been successfully completed and the Agreement for scientific and technological cooperation between the European Union and the Faroe Islands associating the Faroe Islands to Horizon 2020 — the Framework Programme for Research and Innovation (2014-2020) (‘Agreement’) should be signed and applied on a provisional basis, pending the completion of the procedures for its conclusion,