And China has allowed foreign companies to form only limited ventures with its company.
Efforts to form joint ventures with foreign companies have increased.
This would be followed by an agreement to form a joint venture.
The companies formed a joint venture to run the business.
For example some countries may insist you form a joint venture with a local business.
The two companies had the previous year formed a joint venture in Japan.
As a result, they decided to form a joint venture to offer their complementary skills together.
But these companies are good candidates to form joint ventures, industry executives say.
To prepare the study, they formed a joint venture that will be based in Washington.
And it has formed numerous joint ventures with foreign companies.