When to use a Strategic Cooperation Agreement?

A Strategic Cooperation Agreement is drawn up by organizations looking to create strategic partnerships and work together. The agreement looks to uphold “mutual trust, common development, mutual benefit and win-win” principles. The document is also used to safeguard both organizations. The signing of a Strategic Cooperation Agreement can be a milestone in the cooperation of two sides, and opens a new chapter for the two sides’  to further exchange and cooperate moving forward.

Here is a recent example of a Strategic Cooperation agreement getting signed between two organization in recent news.

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Corporations Sign Strategic Cooperation Agreement