Considerations on COM(2017)336 - Renewal of the Agreement for scientific and technological cooperation with Brazil

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table>(1)By Decision 2005/781/EC (1), the Council approved the conclusion of the Agreement for scientific and technological cooperation between the European Community and the Federative Republic of Brazil (2) (the ‘Agreement’).
(2)In accordance with Article XII of the Agreement, the Agreement enters into force on the date on which both Parties have notified each other in writing that their respective internal procedures necessary for the Agreement to enter into force have been completed. The Agreement is initially 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.

(3)By Decision 2012/646/EU (3), the Council approved the renewal of the Agreement for an additional period of five years.

(4)The exchange of letters between the Parties, dated 14 November 2016 and 5 January 2017, confirmed their interest in renewing the Agreement for another five years.

(5)The renewal of the Agreement should be approved on behalf of the Union,