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1. The establishing of international joint venture presupposes some principle stages to fulfill in getting success.
2. Very often many foreign companies search for the export market for enlarged sales.
3. In this activity they often meet some obstacles.
4. In the world practice there is the way to overcome these obstacles.
5. The main task in joint-venture establishment is a market investigation.
6. In the target market it is necessary to make a market investigation for a new assortment.
7. You should know exactly that your product meets the market requirements.
8. During this analysis you can find out that your product is not needed there.
9. Very important thing is to clear out whether you have an opportunity to become an official supplier.
10. The international joint venture presupposes its long-term goals.
11. As a rule, powers approve the foreign investment.
12. In general, the joint ventures make great contribution to the economies of foreign countries.
13. The joint venture becomes authorized if its plans suit the economic aims of the host country.
14. The most important factor in establishment of a joint venture is believed to choose a partner.
15. Additional features and total reciprocal confidence are decisive conditions in establishment of a joint venture.
16. Disputes and disagreements can be solved by the proper finding of the partner.
17. Mainly in joint ventures trust is placed on local management.
18. Any document concerning cooperation should be compiled on the basis of a consent and agreement between the partners.
19. It is necessary to have in mind that sometimes you are urged to invest more capital than originally expected.
20. Getting information should be directed on all types of taxes.
21. The foreign partner of a joint venture should take into consideration all industrial relations in the host country.
22. The import of equipment and the arrival of specialists may become the first steps of operations.
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