MEMORANDUM OF UNDERSTANDING
ON COOPERATION IN THE FIELD OF WATER RESOURCES
BETWEEN
THE MINISTRY OF WATER RESOURCES OF THE PEOPLE'S REPUBLIC OF CHINA
AND
THE DANISH MINISTRY OF ENVIRONMENT
The Ministry of Water Resources of the People's Republic of China and the Danish Ministry
of Environment
(hereinafter referred to singularly as "the Party" and collectively as "the two
Parties"),
Realizim!
the fruitful cooperation under the Memorandum of Understanding
between the
two
Parties
signed in 2010 and the Action Plan for 2014-2018 signed in 2014;
Recognizing
the
common challenges both countries face in pursuit of the sound and sustainable
utilization,
management and protection of water resources, including the increasing demands on
water resources, the additional impacts of climate change and extreme weather events, as well as
the
resulting need to upgrade the management of the water resources;
Desiring
to strengthen and further develop cooperation between the two countries in line with the
Water-Related Goals and Targets of the 2030 Agenda for Sustainable Development on the basis of
equality, mutual
benefit
and mutual respect;
Convinced
of the huge potentials for the bilateral technical, managerial and commercial
cooperation in
the
field of water resources;
Believing
that
such cooperation serves their common interest and contribute to the enhancement of
the water
development
and socio-economic benefit of the people of both countries,
Have reached common understanding
on their cooperation in the following framework:
ARTICLE
I
OBJECTIVE
The two
Parties,
subject to the terms of this Memorandum of Understanding (hereinafter referred to
as "this MOU") and the laws, statutes, rules, regulations and national policies in force in each
country, agree to extend cooperation in the field of sustainable utilization, management and
protection of water resources on the basis of equality and mutual benefit.