South-South and Triangular Cooperation - European Commission
The EU is in favour of Triangular Cooperation (TrC) recognizing the potential value of such cooperation in strengthening the link between North-South cooperation and South-South cooperation and in improving aid relevance and efficiency. The possibility to implement TrC activities has been ensured in Commission’s proposals for future external financial instruments. However, for the moment the TrC is at early stage.
Promising fields for TrC might be in the areas of technical assistance and supporting the transfer of knowledge from emerging economies to other developing countries.