Memorandum of Understanding

Concept of Memorandum of Understanding (MOU) in Foreign Trade

A definition of Memorandum of Understanding (MOU) in relation with foreign trade is provided here: An agreement between two or more government agencies detailing the release or exchange of confidential or prerelease data, the purpose for which the data may be used, who may have access to the data, the restrictions on use of the data, and how the data will be protected from unauthorized disclosure.