18 Mar 2024
EU and Faroe Islands sign Memorandum of Understanding on Enhanced Cooperation
On 14 March 2024, a Memorandum of Understanding (MoU) on Enhanced Cooperation between the EU and the Government of the Faroe Islands was signed by European Commission President Ursula von der Leyen and Faroese Prime Minister Aksel V. Johannesen. This enhanced cooperation, based on the Faroese close partnership with the EU, is guided by the recognition of shared values, principles and commitments to democracy, rule of law and respect for human rights, peace and stability, international law, and sustainable development.
According to the European Commission, the MoU acknowledges the already vibrant cooperation between researchers and research and innovation entities in the Faroe Islands and the EU, based on the Faroe Islands’ association to the European Union’s Framework Programmes for Research and Innovation since 2010 - currently Horizon Europe. The close cooperation is expected to continue bring mutual advancement of excellence in science, innovation and technology. In the area of fisheries and marine ecosystem science, the Partners expect to continue and strengthen their productive cooperation in and through the International Council for the Exploration of the Sea (ICES) on shared fish stocks and scientific topics of common interest.
The signature of the MoU took place in Tòrshavn, and for the first time ever, a European Commission President paid visit to the Faroe Islands.
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