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TunisiaThe European Commission and Egypt sign the Implementing Arrangement finalizing Egypt’s participation in the Partnership for Research and Innovation in the Mediterranean Area (PRIMA)
The European Commission (EC) and Egypt signed an Implementing Arrangement for mutual assistance under Article 2 of the ‘Agreement for scientific and technological cooperation between the European Union and the Arab Republic of Egypt setting out the terms and conditions for the participation of the Arab Republic of Egypt in the Partnership for Research and Innovation in the Mediterranean Area (PRIMA)’.
The agreement signed will support the scientific research and innovation in the areas of sustainable management of water and food systems in the Mediterranean countries by pooling know-how and financial resources in a strategic research partnership between the EU and participating states, including Egypt.
PRIMA is jointly funded by the EU (EUR 220 million), with the rest of the budget coming from the 19 Participating States empathizing the notion of co-ownership and co-funding.
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