Interrelations between quantum groups and reflection equation (braided) algebras

We show that the differential complex _B over the braided matrix algebra BM _q (N) represents a covariant comodule with respect to the coaction of the Hopf algebra _A which is a differential extension of GL _q (N). On the other hand, the algebra _A is a covariant braided comodule with respect to the coaction of the braided Hopf algebra _B . Geometrical aspects of these results are discussed.