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Estonia Ratifies the Agreement Establishing the EU-LAC Foundation as an International Organisation

2017-10-04

Estonia has ratified the constitutive agreement that transforms the EU-LAC Foundation into an international organisation making it the eight Member overall to ratify the Agreement.

The swift ratification reiterates Estonia’s commitment and engagement in the bi-regional Strategic Partnership. This year the Foundation dedicated the activity for awareness-raising to the Baltic states, organised in partnership with the European Commission’s programme ELANBiz. At this stage all three Baltic States, Latvia, Lithuania and Estonia, have ratified the Agreement.

The threshold for entry into force of the Agreement 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.