CO-OPERATION AGREEMENT BETWEEN

BUDAPEST UNIVERSITY OF TECHNOLOGY AND ECONOMICS
herein duly represented by

Dr. Akos Detrekoi, Rector, Budapest University of Technology and Economics

and
INDIAN INSTITUTE OF TECHNOLOGY BOMBAY
herein duly represented by Professor Ashok Misra, Director, Indian Institute of Technology Bombay.

 

In the light of the intention of the Hungarian and the Indian peoples to promote mutually beneficial co-operation between them on governmental and the other levels and the desire of the Budapest University of Technology and Economics (BUTE) and the Indian Institute of Technology Bombay (IITB) to co-operate in respect of education and research, the above-mentioned representatives of the two institutions confirm their intention as follows:

Article

 

The BUTE and the IITB shall establish and promote mutually beneficial scientific, educational and other relations comprising:

 

a) Joint research activities by staff members.

b) Exchange of academic staff for the purpose of training and the presentation of special courses in their fields of specialization. The number of staff members, sojourn and conditions of service shall be negotiated in each case, taking into account the capabilities and needs of the parties concerned.

c) Exchange of postgraduate students in specific courses that are of interest and importance to one of the parties and can be presented by the other party.

d) Exchange of scientific and educational literature produced by either or both contracting parties as well as the exchange of material on the most relevant and topical research undertaken by researchers of both the Institutions.

e) Organizing of conferences, seminars, symposia and workshops.

 

Article 2

 

The areas of cooperation in the beginning will focus on:

a) Civil Engineering: With emphasis on Space Geodesy, Geoinformatics and Structural Engineering & Mechanics

b) Chemical Engineering: With emphasis on Polymer Science & Engineering

c) Computer Science & Engineering and Information Technology

d) Electrical Engineering and Physics

 

Article 3

 

Both Institutions agree on the following guiding principles:

a) IITB will extend co-operation and help to BUTE in establishing contacts with other IITs for collaborative academic and research activities.

b) Companies in India and Europe should play an important role in the development of key areas for co-operation.

 

Article 4

 

Both Institutions accept that all financial arrangements are to be negotiated and are dependent on the availability of funds. The parties agree to seek financial support from national and international organizations for the activities and exchange to be undertaken in the terms of this agreement.

 

Article 5

 

Both institutions declare that projects that are developed in the framework of this agreement will have a high priority with respect to the allocation of funds of the Institutions available for international co-operation

 

Article 6

 

Annually, before December 1, a joint workplan for the next calendar year will be delivered to the Director (for IITB) and the Rector Magnificus (for BUTE ) for approval.

 

Article 7

 

The representatives of both institutions shall meet frequently at suitable times to evaluate the implementation of this agreement and to decide on changes or additions to it.

 

Article 8

 

This agreement comes into effect when the signature of both parties appears on it. Either party may withdraw from the agreement by giving written notice of its intention before 15th November of any year to withdraw with effect from the beginning of the next calendar year.

 

Article 9

 

The signatories, the Rector Magnificus (for the BUTE) and the Director (for the IITB ), will appoint co-ordinators for the purpose of this agreement.

 

Signed in the presence of Her Excellency, Mrs. Lakshmi Puri, Ambassador of India to Hungary, on the Twenty First of March, Two Thousand and One, at Budapest, Hungary.

 

Prof. Dr. Ashok Misra, Director,          Prof. Dr. Akos DetrekOi, Rector,

Indian Institute of Technology Bombay  Budapest University of Technology & Economics

Mumbai, India  Budapest, Hungary

Date:21March, 2001.   Date:21March, 2001.