Draft MOU with Diponegoro university

1.
Between

Institute of Management Technology Nagpur, Ghaziabad (India) and Dubai (UAE)

And
Diponegoro University Semarang 50241 Indonesia.

MEMORANDUM OF UNDERSTANDING (MOU)

BETWEEN
INSTITUTE OF MANAGEMENT TECHNOLOGY
Nagpur, Ghaziabad (India) and Dubai (UAE)
And
DIPONEGORO UNIVERSITY, Semarang-50241, Indonesia.
This Memorandum of Understanding (MoU) records the intention of Diponegoro
University, in particular its Business School, (hereinafter referred to as "DU”) and the Institute of Management Technology (hereinafter referred to as "IMT”) to work together to establish one or more agreements for international.academic collaboration.
It is made as a non binding gesture of goodwill between the two institutions.
Period of Agreement
This MoU shall become effective on the date of final signing and will be renewable every
5 years upon the mutual consent of both parties. This MoU may be revised or cancelled by mutual written consent by the signatories or their designated representatives. Other matters not covered by this Memorandum shall be decided by mutual agreement and may be subject to the conclusion of formal written contracts between us. The parties shall review the operation of this Memorandum on an annual basis.
Purpose and Areas of Potential Collaboration
DU and IMT share an aspiration to:
1. Promote the exchange of qualified graduate students, enrolled on their respective postgraduate degree programs, who will be admitted according to the entry regulations of the host institution;
2. Promote the exchange of faculty for joint teaching and research;
3. Promote collaborative research in areas of mutual interest with a view to publishing by joint authorship;
4. Organize joint International conferences/seminars, symposia and workshops;
5. Develop any other programs mutually agreed upon during the period of this
MOU.
The development of a collaborative relationship between the