On 27 October, the EU and Egypt made a step forward towards strengthening their research and innovation cooperation. The two sides signed an agreement for scientific and technological cooperation setting out the terms and conditions for Egypt's participation in the Partnership for Research and Innovation in the Mediterranean Area (PRIMA).
The agreement was signed by Ms Maria Cristina Russo, Director for International Cooperation of the European Commission, and by Ambassador Clyde Kull, Deputy Permanent Representative of Estonia to the European Union, on behalf of the European Union, and by Professor Mohamed Shinawi, Advisor to the Minister of Higher Education and Scientific Research for International Relations, Agreements and Scientific Research, on behalf of Egypt.
This Agreement will now need to be ratified by both Parties to produce legal effects since no provisional application upon signature is foreseen.
Egypt has shown strong and continued support to the PRIMA initiative and is contributing with €30 million over a period of ten years, which reflects commitment to fostering its ties with the EU.