The memorandum, signed by Ukrainian Defense Minister Andriy Taran and British Secretary of State for Defense Ben Wallace, stresses cooperation in the defense industry, with Britain providing funding of 1.25 billion pounds (1.61 billion U.S. dollars) to bolster Ukraine’s defense capabilities
The authorities believe it will positively contribute to encouraging the use of local currencies for the settlement of trade and direct investment between the two countries, the statement said.
Earlier this month, Israel Aerospace Industries and India’s Bharat Electronics Limited signed a memorandum of understanding to establish a new center for technical and maintenance support for India’s air defense systems. In addition, IAI on Feb. 5 signed a strategic collaboration memorandum with Indian firms Hindustan Aeronautics Limited and Dynamatic Technologies Limited to work on UAVs that will be made in India.
The signing ceremony took place, on Saturday, in Istanbul , Turkey, where Madam Ayorkor Botchwey is leading a high-powered Ghanaian delegation, comprising the Chief Executive Officer of the Ghana Export Promotions Authority, Madam Afua Asabea Asare, Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mr Yofi Grant , Mr Edwin Provencal , Chief Executive Officer of the Bulk Oil Storage and Transportation (BOST) and other high level officials from both the public and the private sector.
Regarding Information Privacy, the statement said, any information (document, software and data) and hardware obtained in the context of the joint activities to be carried out under the MoU „shall not be shared with third parties without the written consent of the other Party“.
The MoU may be amended by mutual consent of the Parties through exchange of notes via diplomatic channels, the statement explained.
The earlier memorandum on maritime boundaries asserted Turkey’s rights in the Eastern Mediterranean in the face of unilateral drilling by the Greek Cypriot administration, clarifying that the Turkish Republic of Northern Cyprus (TRNC) also has rights to the resources in the area. It went into effect on Dec. 8.
A memorandum of understanding signed by the two countries’ electricity ministers in Tehran covered the construction of power plants, transmission lines, cutting losses in Syria’s electricity network, and the possibility of connecting the two countries’ grids through Iraq, the state news agency IRNA said.
Iran also established a counterparty to INSTEX, called Special Trade and Financing Instrument between Iran and Europe (STFI) in April in a bid to speed up the work.
“Right now, we are planning to play an important role in rebuilding the Iraq electricity sector in the framework of a three year plan,” Reza Ardakanian told Tasnim news agency on Sunday. “In the last visit to Tehran by the Iraqi electricity minister, we signed memorandum of understanding, and as far as we are aware, the agreement to continue providing electricity to Iraq from Iran will continue for another year.”
It should be noted that the creation of these two laboratories at the Institute of Genetics and Plant Experimental Biology of the Academy of Sciences of the Republic of Uzbekistan will provide an opportunity to conduct research in parallel, on modern topics of GMOs and TOCs, and at the same time it will open new trading opportunities, which in turn will have a beneficial effect on the economy of the country.
India, eyeing a bigger role in Eurasia and Afghanistan amid prevailing geopolitics, has signed a memorandum of understanding with Russia for fast-tracking International North South Transport Corridor (INSTC) that will enable a smoother connectivity to the region via Iran, Trend reports citing The Economic Times.
Iran and Turkey have agreed to create joint committees for water affair and other related cooperation on power resources.
Iran’s Energy Minister Reza Ardakanian held a meeting with Turkey’s Minister of Agriculture and Forestry Bekir Pakdemirli in Ankara, Trend reports citing ILNA.
Kim Sang-kyun, head of the National Institute of Environmental Research’s (NIER) environment satellite center, announces at the second government complex in Sejong, central South Korea, on Dec. 11, 2018, that NIER and the U.S. National Aeronautics and Space Administration (NASA) will sign a memorandum of understanding on sharing data from their geostationary pollution-monitoring satellites to be launched in 2020.
A memorandum of understanding was signed on Wednesday between Bahrain’s National Guard and the Pakistani army to carry out the Badr 3 exercise.