The phrase "agreement granting" is correct and usable in written English.
It can be used in legal or formal contexts to refer to an agreement that provides certain rights or permissions.
Example: "The agreement granting access to the property was signed by both parties."
Alternatives: "contract providing" or "agreement allowing".
In October 1967 an agreement granting Nauruan independence was concluded.
It invited the county to start negotiations toward a broad court-supervised agreement granting the church a right to build its sanctuary.
Today, they see a budding market in a country that has signed an agreement granting the United States, a former enemy, access to many sections of its economy.
In February, high level discussions between the United States and China produced an agreement granting American studios the right to release more films each year in China, and to keep a greater percentage of the box-office revenue.
He has accumulated so much information about the company that when he offered to buy it in 2006 he declined to sign a confi-dentiality agreement granting him access to proprietary information.
Dhekélia, also spelled Dekéleia, British military enclave in southeast Cyprus, retained as a "sovereignty base area" by the United Kingdom under the 1959 London Agreement granting independence to Cyprus.
The reformers gained much more than the actual agreement granted.
Its Status of Forces Agreement grants troops immunity from civil and criminal courts.
The agreement grants Park Place the right to develop and manage Mohawk casinos throughout New York.
Today's agreement grants a reprieve to New York, Illinois and a few other states, including Pennsylvania and Wisconsin.
The agreement grants Guidant immediate entry into a market that may reach more than $3 billion by the end of 2004.
