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EEC/Brazil cooperation

A proposal for a Council Decision concerning the conclusion of the Framework Agreement for cooperation between the European Economic Community and the Federative Republic of Brazil (COM(92) 209) makes provision for the development of cooperation relating to trade, investment, ...
A proposal for a Council Decision concerning the conclusion of the Framework Agreement for cooperation between the European Economic Community and the Federative Republic of Brazil (COM(92) 209) makes provision for the development of cooperation relating to trade, investment, finance and technology, taking into account Brazil's special situation as a developing country.

In the area of science and technology, the Contracting Parties undertake to establish greater links between their scientific and technical communities, encourage the exchange of researchers, promote mutually beneficial transfers of technology, foster relations between research centres on both sides, and stimulate innovation. The Agreement also makes reference to the promotion of the use of compatible systems of standards and certification.

To achieve effective collaboration between enterprises in Brazil and in the Community in the fields of transfer of technology, licensing, joint investment and venture capital financing, the Parties will aim to identify the sectors of industry on which cooperation will centre and the means to promote industrial cooperation with a heavy technological bias. The mobilization of financial resources will be encouraged with a view to support for joint projects, the aim of which is to apply new findings in technology to industry. Innovation will be encouraged via an exchange of information on the programmes each side is conducting for that purpose, by periodic exchanges of information stemming from the running of innovation programmes and by means of exchange schemes at Brazilian and Community institutions for officials of both parties responsible for promoting innovation.

Other areas of cooperation include agriculture, health, mining, energy, transport, the environment, and information technology and telecommunications. With regard to the latter, the Parties recognize that this technology is vital to social and economic development and declare themselves prepared to promote cooperation in respect of: Standardization and testing; earth and space-based telecommunications; electronics and microelectronics; information and automation; HDTV; research and development in new information technologies; and promotion of joint investment. In particular, this cooperation will take the form of collaboration between experts, studies and exchange of information, training of scientists and technicians, and the formulation of specific projects of mutual benefit.

Related information

Countries

  • Brazil
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