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MANILA (Reuters) -South Korean President Yoon Suk Yeol and Philippine President Ferdinand Marcos Jr agreed on Monday to boost defence cooperation as their countries elevated ties to a strategic ...
The Philippines and Canada signed a memorandum of understanding on defence cooperation on Friday, a move which Manila's defence minister said could later lead to a troop pact between the two ...
Thailand and the Philippines signed three agreements on taxation, energy and business cooperation during a high-level Thai delegation's visit to the Philippines in 2013. One of these agreement between the education ministries of the two countries will be signed on exchange of English language teachers to improve language proficiency of the Thai ...
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).
In June 2009, the Philippines and Brazil made their pledges as they signed mutual cooperation agreements in the fields of bio-energy and agriculture. [4] The two countries committed themselves to take the necessary steps to implement the signed Memorandum of Understanding on Cooperation in Agriculture and the Memorandum of Understanding on Bioenergy Cooperation. [5]
The United States and the Philippines have signed a nuclear cooperation pact under which U.S. investment and technologies are to help the Southeast Asian nation transition to cleaner energy and ...