"The two universities seek to promote exchange of students, faculty and administrative staff for the mutual benefits of both the institutes," an official statement said.
"To carry forward the joint and collaborative works, the two educational centres have signed a memorandum of understanding (MoU)", the statement said.
As per the MoU, the association will promote friendship, exchange of students and faculty, collaboration relating to joint research, distinguished visitors as well as educational initiatives towards the goal of innovating and reinvigorating legal and cooperative management education in India, the statement said.
Meanwhile, Hyderabad-based National Fisheries Development Board (NFDB) has provided a fund to ARGUCOM to impart training to fishermen of the Fishery Cooperatives of Assam.