The agreement is binding on both parties.

协议对双方具有约束力。

youdao

This statement is official and binding on both sides.

这声明是正式的，对双方都具有约束力。

youdao

A futures contract is binding on both buyer and seller.

一份期货合约同时绑定了买家和卖家。

youdao

Perhaps the vote, on both sides of the Atlantic, should be made binding.

ECONOMIST: Regulating executive compensation

On the most immediate challenge, working out an arms control agreement to replace the START I treaty which expires December 5, the two presidents signed a joint understanding for a follow-on agreement to START that commits both parties to a legally binding treaty that will reduce nuclear weapons.

CNN: Obama moves to bolster U.S.-Russia ties