A Memorandum of Understanding (MoU) has been signed between the Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC) and Center for Innovation and Technology Cooperation of the I.R. Iran Presidency (CITC) on 18 July 2011 in Tehran, Islamic Republic of Iran.

The MoU aims to develop cooperation and collaboration between the two institutions in the areas of Science & Technology (S&T) so as to facilitate the attainment of the goals of the institutions with a view to enhancing cooperation in development of S&T in the Member Countries.

According to the MoU, the parties shall exchange technical and administrative assistance in the matters of common interest and share information to benefit from each other’s experiences, resources and expertise with respect to best practices in the field of S&T.

Moreover, the parties shall establish a network of cooperation between organizations, associations and institutes interested to cooperate in the field of S&T in OIC Member Countries, hold joint training programs, seminars and workshops on the issues of common interest especially in the field of S&T and create a Working Group to coordinate the implementation of the MoU and evaluate the progress of its activities.

The MoU reflects the common objectives of SESRIC and CITC towards developing the S&T capabilities of OIC Member Countries.