India, EU Renew Agreement on Scientific and Technological Cooperation for Next Five Years | News Room Odisha

India, EU Renew Agreement on Scientific and Technological Cooperation for Next Five Years

New Delhi: India and European Union have renewed its Agreement on Scientific and Technological Cooperation for the next five years (2020-2025).

This has been done by exchange of Note Verbale between two sides. The Agreement was initially signed in on 23 November 2001 and renewed two times in past in 2007 and 2015.

In a statement, the Ministry of Science & Technology said that the agreement will expand the cooperation in scientific and technological research strengthen the conduct of cooperative activities in areas of common interest and application of the results of such cooperation to their economic and social benefit.

Cooperative activities may take the forms of reciprocal participation of Indian research and European research entities in research, technological development, and demonstration projects under each other programme.

India and the European Union agreed to renew the Agreement on Scientific cooperation for the next five years, 2020-2025, at the 15th India-EU Summit.