Today, UniTO participates in more than 500 formal agreements with universities in 80 countries around the world and in several international networks. A Memorandum of Understanding should not give details of cooperation. That is why it is never appropriate to rely solely on a statement of intent. Once a Memorandum of Understanding has been concluded, it is important to take advantage of this positive momentum to agree on a more detailed cooperation agreement. Cooperation based solely on a Memorandum of Understanding will not adequately cover potential risks. While there is always an argument in favour of the absence of a declaration of intent and the immediate continuation of the negotiation of the cooperation agreement in order to avoid time and costs, experience shows that international cooperation often takes time to negotiate and that legal documents that support cooperation can often become complex, especially since the parties are not in an overall view of their obligations to cooperate. It is often tempting for the parties to make a statement of intent themselves on the basis that it describes the economic reality and not the legal feasibility of the business, but this could be a costly error and appropriate advice should be sought. The Memorandum of Understanding is the cornerstone on which the parties can negotiate and ultimately sign the cooperation agreement. It also serves as a checklist to ensure that all keywords have been included in the cooperation agreement.
First, the parties can ensure that they are working for the same purpose and that long-term legal arguments can be avoided in the future. A Memorandum of Understanding sets a timetable for the transaction that gives the parties a clear direction on what to do and when. The document will also be useful for the administrative preparation of cooperation, for example. B as the basis for tax returns. In addition to international cooperation, coordinated by specific externally funded programmes, the CEU maintains a number of relations with national and international universities and institutions with the aim of developing joint research and education activities and promoting exchanges between professors and students. These relationships are formally recognized by the signing of cooperation agreements.