Question

what's the difference between informal and formal co-operation

Answer 1

Secondly, informal cooperation is based upon trust, which in order to build requires both time and interaction between both of the affected sides. Under formal agreements, the exchange is included within contracts which do not always lead to the formation of trust based partnerships.

Answer 2

$\huge\colorbox{red}{Answer}$

Informal cooperation is based upon trust, which in order to build requires both time and interaction between both of the affected sides. Under formal agreements, the exchange is included within contracts which do not always lead to the formation of trust based partnerships.