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

2017-10-23

This month Bulgaria signed the agreement that transforms the EU-LAC Foundation into an international organisation. This makes Bulgaria the 54th signatory of this agreement.

Up to today eight Members have ratified the agreement, namely: Belize, Estonia, Finland, Hungary, Latvia, Lithuania, Nicaragua 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 fulfillment of its ambitious mandate.

 

Picture: National Theatre Ivan Vazov, Sofia