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Is the cooperation framework agreement a formal contract? Does it have legal effect?
1. The cooperation framework agreement is not a contract, but a general agreement of the cooperation intentions of both parties. It has legal significance, but it has no coercive power.

2. A framework agreement is equivalent to concluding an agreement, indicating the cooperation intention of both parties. If the terms of the agreement are general, it has no practical impact. If the specific matters, the completion time and the division of responsibilities for the preparatory work of both parties are agreed upon, it will be very serious and may lead to the conclusion of obligations.

3. The significance of strategic cooperation framework agreement

First, the two sides agree to regard each other as strategic partners in their respective career development;

Second, the two sides agreed to carry out extensive and in-depth cooperation in related fields;

Third, invite each other to participate in technological research and development, construction and technological transformation in related cooperation fields;

Fourth, one party provides technical support and services to the other;

Fifth, high-level officials of the two sides should establish an irregular meeting and communication mechanism.

20 10 65438+26 10 The first expert work consultation between the Association for Relations Across the Taiwan Straits and the Cross-Strait Exchange Foundation was held in Beijing. Zheng Lizhong, executive vice president of the Association for Relations Across the Taiwan Strait, led the team in Chinese mainland, and Gao Konglian, vice chairman of the Cross-Strait Exchange Foundation, a consortium legal person, led the team in Taiwan Province Province, and its members included personnel from relevant economic authorities across the Taiwan Strait. The two sides of the Taiwan Strait exchanged views on the name, basic framework and establishment of consultation mechanism of the Framework Agreement on Cross-Strait Economic Cooperation.

Reference source Baidu Encyclopedia Framework Agreement