The agreement, signed in Lima in May, "aims to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable issues on the basis of mutual benefit equality and reciprocity", it said.
The agreement also envisages establishing a joint committee to develop work plans in order to implement it, the statement added.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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