Czech Republic signs the Agreement Establishing the EU-LAC Foundation as an International Organisation

Today the Permanent Representative of the Czech Republic to the EU, Ambassador Jakub Dürr signed in Brussels the agreement that transforms the EU-LAC Foundation into an international organisation. This makes Czech Republic the 58th signatory of this agreement. The Foundation’s constitutive agreement is the very first international agreement  between all the 62 Members of the EU – LAC Strategic Partnership.

Up to today 18 Members have ratified the agreement, namely: Belize, Croatia, Cuba, Ecuador, Estonia, Finland, Germany, Hungary, Latvia, Lithuania, Luxembourg, Mexico, Nicaragua, Spain, Panama, Portugal, Poland and Sweden. The threshold for entry into force of the Agreement Establishing the EU-LAC International Foundation is eight ratifications from each region.

The EU-LAC Foundation has been operating with a 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 be better equipped for the fulfilment of its ambitious mandate.