All articles tagged with #memorandum of understanding
Ontario and New York have signed an agreement to collaborate on developing nuclear technologies, including small modular reactors, to meet increasing energy demands, enhance reliability, and promote decarbonization, with a focus on technological innovation, trade, and workforce development.
China and Singapore have signed a memorandum of understanding to establish a phone link for "high-level" military talks. The agreement was made during a meeting between the defence chiefs of both countries, General Li Shangfu and Ng Eng Hen, respectively. General Li is currently in Singapore for the Shangri-La Dialogue, an annual security summit.
Zambia's official creditors, including China, are expected to sign a Memorandum of Understanding (MOU) on debt relief in May, which would pave the way for more IMF funding. The country has been in default since 2020, with external debt amounting to $18.6 billion, and is hoping for more than $8 billion of debt relief. The MOU would outline specific modalities of debt relief aligned with the parameters of a $1.3 billion 38-month program signed off by the IMF's board in August 2022.