ContractOctober 25th, 2016
FiledOctober 25th, 2016The Trade, Development and Cooperation Agreement (TDCA) of 2000 is the legal basis for the overall relations between the Republic of South Africa (South Africa) and the EU. The TDCA covers political dialogue, the establishment of a free trade area over an asymmetrical twelve-year period, development cooperation, economic cooperation, and cooperation in a whole series of other areas. Scientific collaboration between South Africa and the EU is monitored by the Science and Technology Cooperation Agreement which was concluded in 1996 and entered into force in November 1997. The cooperation allows to jointly tackle global challenges building on complementary knowledge, geographical conditions and optimising the use of world-class research infrastructures. Moreover, the EU and South Africa agree that one of the requirements for an effective fight against poverty in the African Caribbean Pacific countries is the application of knowledge gained from science and technology to promote innovation