The agreement was concluded in the form of a Memorandum of Understanding (Memorandum of Understanding) and was an act of the executive that is not subject to ratification by the Senate. Therefore, it was not a treaty that required ratification by the Senate. Formally, it has not formed an official alliance. The frequent references of the president and political leaders to Israel as allies did not carry the weight of a legal obligation to declare or enter into the direction of war on the Israeli side, as stipulated in the U.S. Constitution. Under the agreement, CAAC and Huawei will jointly set up a management office and a team. Cooperation focuses on five aspects: the relationship can be short-term or long-term and the agreement can be formal or informal. A strategic alliance is an agreement between two companies to carry out a mutually beneficial project, while each company retains its independence. The agreement is less complex and less restrictive than a joint venture, in which two companies pool resources to create a separate entity. In order to ensure the legal rights and interests of the parties, in accordance with the laws and regulations in force in the People`s Republic of China, based on friendly debate and mutual development, as well as on the principles of equality and mutual benefit, the parties agree, on this basis, to conclude, in consultations, a strategic cooperation agreement between the parties on product development.
as follows. : Strategic cooperation agreements allow all participants, whether they are two individual entrepreneurs or a group of sovereign nations, to retain their own collaborators and your independence, while at the very least, without the need for legal fusion. These agreements are formal documents that define the respective responsibilities and objectives over a specified period of time. Some of them are structured to be permanent to take advantage of the changing situation while submitting additional negotiating conditions. Strategic cooperation does not need to be equal and small players who have something to put on the table are also appreciated. [Beijing, China, May 15, 2019] On 15 May, the Chinese Civil Aviation Authority (CAAC) signed a strategic cooperation agreement with Huawei in Beijing. As part of the agreement, Huawei and caAC will collaborate on the design and construction of smart civil aviation, demonstrating technological innovations and their application, formulating standards, and cultivating and exchanging talent. The two sides will work together to promote the construction of smart civil aviation and implement the civil aviation power strategy. This agreement (as well as all the calendars and exhibitions, the share purchase and subscription agreement and the strategic cooperation agreement (as defined in the share purchase and subscription agreement) constitute the entire agreement and agreement between the parties on the issues dealt with, and all previous, written or written agreements between the parties on the issues covered by that agreement are merged and replaced by that agreement. Synergy is generally based on benefits that can be offered to each participant, even if they may have very different goals.
Oil-producing countries, for example, can suck in carrots and maize, while those on the other side of the agreement need oil. Neither party can get what they want on its own, so cooperation feeds all parties involved without resorting to a literal or figurative takeover.