The 1994 Cooperation Agreement, which for the first time led to relations beyond trade and economic cooperation, is the basis for broader political cooperation between the EU and India. The agreement entered into force on October 14, 2002 for an initial five-year period. It has been renewed three times, the last time in 2020 for an additional five years. This agreement will enter into force at the signing of both parties and will remain in force until June 30, 1957, unless one of the parties has denounced it in advance after three months of written notification to the other party. It can be changed from time to time, by mutual agreement between the parties, to the extent necessary. For more information on research and innovation cooperation with India, please see: Recognition that individual freedom, freedom of institutions and independence, on the one hand, and sound economic conditions and stable international economic relations, on the other, are interdependent. to cooperate prudently to promote and accelerate India`s integrated economic development; Considering that the increased exchange of knowledge, skills and technical techniques in the field of economic development between the two countries is beneficial; whereas the United States Government of America and the Indian Government agree to participate in promoting understanding among peoples and goodwill, as well as in maintaining peace in the world, and to take steps that they can mutually agree on in order to eliminate the causes of international tensions; Agreed to implement the Technical Cooperation Programme and its various projects as follows: – The activities under the agreement are based on a set of principles: the Government of the United States of America and the Government of India, in accordance with the General Agreement on Technical Cooperation signed on 28 December on behalf of the two governments in New Delhi , 1950; WHAT IS AGREEMENT AND DECISIONS? (CHESTER BOWEES) Extraordinary and Plenipotentiary Ambassador of the United States of America in Delhi.