Last week, and ahead of the forthcoming EU-CELAC Ministerial Meeting, Croatia submitted to the depository the ratification instrument of the agreement that transforms the EU-LAC Foundation into an international organisation. With this, it became the eleventh EU Member State to do so and the fifteenth overall.
In the framework of its commitment to strengthening relations between the European Union, and Latin America and the Caribbean through the bi-regional Strategic Partnership, Croatia is confident that this ratification will contribute to reinforcing the EU-LAC Foundation as an instrument of this partnership.
The threshold for entry into force of the Agreement is eight ratifications from each region. The EU-LAC Foundation has been operating with transitory status under German civil law since November 2011, yet the swift ratification of the Agreement will allow it to be recognised as a genuine bi-regional organisation and to be better equipped for the fulfilment of its ambitious mandate.