The document outlines an agreement between two countries to transfer rights and obligations between each other based on the terms of the memorandum. Any disputes will be resolved through negotiations between the parties. The memorandum was signed in four original copies in Serbian and English, with each country receiving two copies. The Serbian version will take precedence in the event of any discrepancies in the translation. Each country will appoint representatives to oversee the implementation and resolution of issues related to this memorandum.