WHEREAS the Parties are linked by common academic and cultural interests;
WHEREAS the Parties are both reputable providers of higher education;
WHEREAS the Parties wish to enable cooperation and exchange in all academic areas of mutual interest;
WHEREAS the Parties wish to expand the basis for friendship and cooperative educational exchange;
WHEREAS the Parties acknowledge each other’s integrity, discretion and standing in respect of the students, academic matters and proper processes relating to their individual institutions;
WHEREAS The Parties confirm their willingness to co-operate as educational institutions, and wish to declare their current intention to develop cooperation with a view to organizing specific collaborative activities;
WHEREAS the Parties acknowledge that all formal negotiations and proposals relating to specific students and specific programs must be conducted according to their own proper procedures with the approval of senior administration.
THERFORE, in consideration of their mutual interests and the covenants set forth herein, the parties agree as follow