In negotiating Joint Venture Agreements the issues that need to be addressed include:

Operational Matters such as; the nature of the joint venture, the participating interest of the respective parties, issues pertaining to preparing and submitting of tender documents where relevant, what happens if the tender is unsuccessful or successful, the constituting of the board of management, managing the project and performance.

Financial Matters such as; which shall be the sponsoring company, responsible for the opening of bank accounts,  financial control, working capital, operational expenses, resources of parties, assets of the joint venture, risk management, insurance, guarantees and securities, liabilities of parties and warranties

Business Efficacy Matters such as; level of skills, knowledge and know-how, confidentiality, exclusivity, assignment, publicity, disasters, exit strategy and dispute resolution

CMI provides outsourcing services on negotiating and drafting joint venture agreements.  Contact thedirector@worldwidebusinessconnection.com for details.

Siddha Param
International Business Consultant

E-mail: siddhaparam@worldwidebusinessconnection.com