MRAS financial definition of MRAS
Mutual Recognition Agreement (redirected from MRAS)
Also found in: Acronyms
Mutual Recognition Agreement
An agreement between two or more jurisdictions to consider licenses and certifications given by one jurisdiction as being valid in the others. For example, if one is licensed to practice dentistry in Oregon and Oregon has a mutual recognition agreement with Washington, one is by extension licensed to practice dentistry in Washington. Mutual recognition agreements may take place within a country (as between U.S. states) or they may be international.
References in periodicals archive
Judith White, locality manager for MRAS said the move was ``hugely significant'' for the local community.
Overall, it is great news for the town,for patients and for MRAS.
Located in U-Tapao, Thailand, MRAS
Asia is a 48,000-square-foot overhaul and repair station owned and operated by Middle River Aircraft Systems of Baltimore, Maryland.
In addition to the production agreement, MRAS
was also granted authority to provide PW4168 thrust reverser maintenance, repair and overhaul services direct to airline customers.
is currently developing the thrust reverser for the CF34-10E, targeted for the Embraer 190 airliners.