#32026D0499Council Decision (EU) 2026/499 of 26 February 2026 renewing the period of entitlement for audiovisual co-productions as provided for in Article 5 of the Protocol on Cultural Cooperation to the Free Trade Agreement between the European Union and its Member States, of the one part, and the Republic of Korea, of the other part
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This Council Decision renews for three years the entitlement allowing EU-Korea audiovisual co-productions to benefit from the national promotion schemes normally reserved for domestic or developing-country productions. The renewal runs from 1 July 2026 until 30 June 2029. The measure follows a positive assessment by the Committee on Cultural Cooperation on 12 December 2025, confirming that the co-productions enhance cultural diversity and provide mutual economic and cultural benefits. The decision explicitly states that it does not alter the respective competences of the Union and the Member States regarding bilateral co-production agreements.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Renews entitlement period for EU-Korea audiovisual co-productions from 1 July 2026 to 30 June 2029 (3 years)
- Allows co-productions to access national promotion schemes normally reserved for domestic or developing-country productions
- Based on positive assessment by Committee on Cultural Cooperation on 12 December 2025
+ 2 more changes with Pro
Obligations
What this law requires
EU-Korea audiovisual co-productions are entitled to benefit from national promotion schemes reserved for domestic or developing-country productions during the period from 1 July 2026 to 30 June 2029
The Committee on Cultural Cooperation must assess the results of implementation of the co-production entitlement in terms of cultural diversity enhancement and mutually beneficial cooperation before the next renewal period expires on 30 June 2029
Either Party (EU or Republic of Korea) must provide written notice of intent to terminate the entitlement at least three months before 30 June 2029 to prevent automatic renewal
The Commission must propose to the Council whether to renew the period of entitlement at least four months before 30 June 2029
The Union's Domestic Advisory Group established pursuant to the Protocol must be consulted on any future renewal of the period of entitlement