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Memorandum of understanding

Agreement between two (bilateral) or more (multilateral) parties

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A memorandum of understanding (MoU) is a type of agreement between two (bilateral) or more (multilateral) parties. It expresses a convergence of will between the parties, indicating an intended common line of action. It is often used either in cases where parties do not imply a legal commitment or in situations where the parties cannot create a legally enforceable agreement. It is a more formal alternative to a gentlemen's agreement.

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Rajasthan Govt signs MoU worth 4000 crore in textile, defence, aviation sectors [Video]

Rajasthan Govt signs MoU worth 4000 crore in textile, defence, aviation sectors

Rajasthan would soon host several development projects in textile, defence and aviation sectors. For this, the Rajasthan Government has entered into an understanding with SVP International Group for..

Credit: ANI     Duration: 01:15Published

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Libya's GNA activates security MoU agreed with Turkey: statement

Libya's Government of National Accord has agreed to activate the memorandum of understanding on security and military cooperation it agreed with Turkey last month, it said in a statement on Thursday.
Reuters - Published

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