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(3) In line with the Lisbon strategy, the Barcelona European Council of 15-16 March 2002 agreed that overall spending on research and development (‘RTD’) and innovation in the Union should be increased with the aim of approaching 3 % of GDP by 2010, two-thirds of which should come from the private sector.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-04 · Text as adopted (Official Journal); later amendments are not incorporated in this text.