UEFA–CONMEBOL memorandum of understanding
The UEFA–CONMEBOL memorandum of understanding (Spanish: Memorando de Entendimiento) is an agreement between UEFA and CONMEBOL, the association football confederations of Europe and South America, respectively, signed between both parties with the aim of achieving close collaboration for the development of this sport in the regions. It was signed on 12 February 2020 and extended on 15 December 2021 in a first stage, and on 2 June 2022 in a second stage.
Source: Wikipedia — UEFA–CONMEBOL memorandum of understanding (CC BY-SA 4.0)