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Cyprus and Japan sign Memorandum of Cooperation on Science and Technology

by THEFUTURE.TEAM

Deputy Minister of Research, Innovation and Digital Policy, Nicodemos Damianou, and  Minister of Education, Culture, Sports, Science and Technology of Japan, Toshiko Abe, signed a Memorandum of Cooperation aimed at strengthening relations between Cyprus and Japan in the fields of science and technology, both at the transnational and the European level, during an official visit Damianou paid to Kyoto.

According to a press release issued by the Deputy Ministry, the expansion of Cyprus-Japan relations in the fields of science and technology was the focus of Damianos’ official visit to Kyoto.

In the framework of bilateral contacts with the Japanese Minister of Education, Culture, Sports, Science and Technology, a Memorandum of Cooperation was signed to strengthen relations between Cyprus and Japan in the fields of science and technology, both at the transnational and the European level, it is stated.

Specifically, the press relese added, the memorandum promotes, among other things, the joint implementation of research and innovation (R&I) projects on issues of common interest, the mobility of scientists and the exchange of know-how and expertise between the academic and research communities of the two countries.

In his remarks, the Deputy Minister, after congratulating the Japanese Minister on her recent appointment, referred to the importance of the Memorandum as a tool for transferring know-how from a mature ecosystem – such as that of Japan – to the emerging – but highly dynamic – ecosystem of Cyprus.

He also touched on the cooperation prospects within the European Framework Programme Horizon Europe, with Japan being already at an advanced stage of consultations with the European Union (EU) for joining the programme as an associate member.

The Deputy Minister, the statement added, also participated in a ministerial roundtable on Transformative science, technology and innovation policy to strengthen innovation ecosystems, which was attended by Ministers and senior officials from various countries around the world, including Japan, Canada, Qatar, Saudi Arabia, Egypt, Vietnam, the United Kingdom, Bulgaria, Romania, Estonia, Norway, Finland, Germany, Finland, Lithuania and the United Kingdom, with the participation of an EU representative.

As stated, the Summit was held in the context of the 21st Annual Meeting of the STS Forum, which brings together prominent political, business and academic figures to exchange views on strengthening the science and technology sectors and their impact on the global economy and society.

In his intervention, the Deputy Minister referred to Cyprus’ ascending performance in European and international R&D indicators, which puts the country for the third consecutive year in the top 10 strong innovators in Europe and 27th globally in terms of innovation (Global Innovation Index 2024), it is added.

Subsequently, the Deputy Minister stressed the need to create a favourable environment that encourages and facilitates innovation, underlining the importance of access to financial tools and skilled human resources, as well as providing incentives for investment in R&D.

EU Farm Output Prices Decline For The First Time In Nine Months

by THEFUTURE.TEAM

EU Market Adjustments Signal New Price Trends

Agricultural output prices across the European Union declined in the fourth quarter of 2025, marking a shift after several quarters of increases. Data from Eurostat shows that farm gate prices fell by 1.9% compared with the same period in 2024.

Crisis of Declining Prices In Select Markets

Cyprus recorded one of the more notable decreases in agricultural input costs among EU member states, with prices falling by 2.6% compared with Q4 2024. The reduction eased cost pressures for the local agricultural sector following periods of higher prices earlier in 2025. Across the EU, prices for goods and services consumed in agriculture remained relatively stable. Non-investment inputs such as energy, fertilisers and feedingstuffs showed limited overall changes during the quarter.

Country-Specific Divergence In Price Movements

Eurostat data highlights considerable variation across member states. Fifteen EU countries recorded declines in agricultural output prices. Belgium registered the largest decrease at 12.9%, followed by Lithuania (8.2%) and Germany (6.0%). At the same time, twelve countries reported increases in output prices. Ireland recorded the strongest rise at 6.8%, followed by Slovenia (5.6%) and Malta (4.2%).

Stability In Agricultural Inputs Amid Commodity Shifts

Agricultural input prices also showed mixed developments. Eleven member states recorded declines, including Cyprus (2.6%), Belgium (2.1%) and Sweden (2.0%). Other countries experienced moderate increases, including Lithuania (4.2%), Ireland (3.3%) and Romania (2.5%). Among major agricultural commodities, milk prices declined by 4.1% while cereal prices fell by 8.9% across the EU. In contrast, fertilisers and soil improvers increased by 7.9%, reflecting continued volatility in input markets.

Outlook For EU Agriculture

The latest Eurostat data points to uneven price developments across the EU agricultural sector. While input prices remained broadly stable in many markets, movements in output prices varied significantly between member states. These trends highlight the need for farmers and policymakers to adapt to shifting commodity prices and changing cost structures across the European agricultural market.

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