The MoU on Electronic Business was signed by the four signatories: International Electrotechnical Commission (IEC), International Telecommunication Union (ITU), International Standards Organization (ISO) and the United Nation Economic Commission for Europe (UNECE). The MoU is also open to International User Groups whose core mission involves developing standards related to electronic business.
The objective of the meeting is to coordinate relevant work programs with the participation of International User Groups to optimize the use of scarce resources for standardization in electronic business. Organizations are invited to bring forward to the Management Group information on new work items or other developments which may provide opportunities for exploiting new technologies. In order to foster cooperation at the working level all expert groups of each organization shall allow authorized, competent experts of the other organizations to participate in their work.