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In business, an MoU is typically a legally non-binding agreement between two (or more) parties, outlining terms and details of a mutual understanding or agreement, noting each party's requirements and responsibilities—but without establishing a formal, legally enforceable contract (though an MoU is often a first step towards the development of a formal contract).
On 1 January 2024, Ethiopia signed memorandum of understanding (MoU) with Somaliland in order to acquire access the Red Sea port. The text of the MoU was not released. President of Somaliland Muse Bihi Abdi stated that it included the lease of more than 19 kilometres of sea access around Berbera for 50 years to the Ethiop
Memorandum of Understanding [ edit ] This document serves as a record of understanding among the course instructor and the Wikipedia volunteers ("Wikipedia Ambassadors"), to define the roles and responsibilities of each party as they work with Wikipedia as a teaching and learning tool.
In a statement to Buzzfeed news, they stated "BACP understands the principles that the proposed MoU is aiming to promote: at the same time, we understand that there is a debate about the evidence regarding conversion therapy and transgender issues". [1] In 2017, a revised Memorandum was published which included them. [3]
IOSEA Marine Turtle MoU logo. The Memorandum of Understanding on the Conservation and Management of Marine Turtles and their Habitats of the Indian Ocean and South-East Asia is an intergovernmental agreement that aims to protect, conserve, replenish and recover sea turtles and their habitats in the Indian Ocean and South-East Asian region, working in partnership with other relevant actors and ...
The Memorandum of Understanding (MoU) Concerning Conservation, Restoration and Sustainable Use of the Saiga Antelope is a Multilateral Environmental Memorandum of Understanding and came into effect on 24 September 2006 under the auspices of the Convention on Migratory Species of Wild Animals (CMS), also known as the Bonn Convention. The MoU ...
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