What is 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.