Considerations on JOIN(2016)34 - Conclusion of the Agreement establishing the EU-LAC International Foundation

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table>(1)In accordance with Council Decision (EU) 2016/1873 (2), the Agreement establishing the EU-LAC International Foundation (‘the Agreement’) was signed on 25 October 2016 …, subject to its conclusion at a later date.
(2)The Agreement will establish the EU-LAC Foundation as an international organisation with legal personality under public international law.

(3)When acting in the framework of the EU-LAC Foundation, the Union and its Member States should coordinate their positions in accordance with the Treaties and with the principle of sincere cooperation.

(4)The Agreement should be approved,