India and EU renew Agreement on Scientific and Technological Cooperation for next 5 yrs till 2025
India and European Union have renewed its Agreement on Scientific and Technological Cooperation for the next five years till 2025.
This will expand the cooperation in scientific and technological research and 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.
The Agreement was initially signed on 23rd November in 2001 and renewed two times in 2007 and 2015.
In the last five years, the level of co-investment on India-EU Research Technology Development Projects for addressing societal challenges such as affordable health care, water, energy, food and nutrition. The cooperation has been focused on water, green transport, e-mobility, clean energy, bio-economy, health, and ICT.