Agreements

Definition

Agreements are formal arrangements made between parties where they come to a mutual understanding on specific terms, conditions, or actions. In international relations, agreements often involve multiple countries working together towards common goals.

Related terms

Treaty: A formal legal agreement negotiated and signed by sovereign states that establishes rights and obligations among the parties involved.

Accord: A less formal agreement or understanding reached between parties, often used in diplomatic contexts.

Memorandum of Understanding (MOU): An agreement between two or more parties outlining their intentions and expectations regarding a particular issue.