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understanding framework agreement Made Easy hello everyone welcome back to our Channel where we make English language learning fun and easy today were diving into a topic that might sound a bit formal but is quite useful in business and legal contexts framework agreement stick around to demystify this concept together a framework agreement is a type of contract used between parties often businesses or government entities to establish the terms and conditions for future agreements think of it as setting the groundwork or framework for future contracts this doesnt mean the details of every deal are decided rather it outlines the rules pricing and overall goals for future [Music] transactions one of the main featur features of a framework agreement is its flexibility it allows the parties involved to adapt to Future needs without renegotiating the basics key features include duration typically set for a long term to provide stability scope outlines what types of goods services or work w
