Some business and native leaders have started to deal with each other directly, holding an annual meeting to discuss possible joint-ventures.
It has declined to appoint an ambassador to Tel Aviv, but keeps alive the practical relationship that employs 13, 000 Jordanians in joint-ventures.
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Overseas investors have been equally befuddled in the media sector, where joint-ventures promised over the past two years are suddenly off the agenda.
The province now boasts more than 5, 000 native-owned businesses, some of them joint-ventures, ranging from pipeline construction and timber production to hotels and boat-building.
And yes, joint-ventures were probably never a good way to go.
Despite his early setback in the tyre business, Mr Sabanci has made a speciality of joint-ventures with foreign partners, striking 17 since 1985 in sectors as diverse as cars and cigarettes.
While it may seem redundant for Petrobras to invest in a company with a substantially smaller pre-salt operation in Brazil, analysts for Bloomberg explained that the deal might be a way for Petrobras to indirectly fund deep sea projects it operates via joint-ventures with Galp.
So far it has a dozen or so such low-cost joint ventures, including a 50-50 deal announced in December with Petrochemical Industries Co. of Kuwait.
Volkswagen has two passenger vehicle-making joint ventures in China: one with Shanghai-based SAIC Motor Corp.
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The government has also arranged for Petrobras to be the primary operator of all pre-salt oil fields and to have a minimum 30 percent stake in all pre-salt joint ventures, an arrangement that is still competitive in relation to other major oil-producing states like Nigeria and Venezuela (and without the high militant and political risk).
The government, keen to double production to over 800, 000 barrels per day, has pledged to allow cash-strapped Petroecuador, the state oil company, to form joint ventures with private-sector firms.
The low-cost joint ventures offer a measure of protection against market troughs.
In both sectors Doede seeks Western companies or Western-oriented joint ventures.
In addition, the company owns about 2.5% of Iridium, a satellite-telecoms venture led by Motorola, and shares in several lucrative natural-resource joint ventures with foreign firms.
The lawyer that understands the intricate tax implications of U.S.-Brazil joint ventures is now much more valuable than the generalist lawyer that introduces you to that person.
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Bill Brandt, an American who worked for BP for 20 years, has moved to Arizona, where he works with the state university setting up clean-energy joint ventures.
The rest of its sales were divided between breakfast cereal across Europe and frozen snacks in Belgium and the Netherlands, along with a smattering of convenience-food joint ventures in Central Europe.
This money was invested in joint ventures with the Orana property group - most of the properties in these ventures have been effectively repossessed by Ulster Bank.
At 65, he's just retired, but will remain active in joint civic-Randstad job creation ventures.
There, eight years ago, Berezovsky founded Logovaz, taking the giant automaker as partner and reinforcing the relationship with cross-shareholding and numerous joint ventures.
Entry mode choices, such as the choice between wholly-owned affiliates and joint ventures, or between greenfield establishments and acquisitions, are yet another strategic decision with financial bearings.
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It has, however, helped to pave the way for commercial activities and international joint ventures of a non-threatening kind that are helping to keep both organisations afloat.
No sooner had ExxonMobil and ConocoPhillips pitched up, than El Presidente shifted the goal posts, converting pre-existing contracts into joint ventures, with PDVSA taking a 60% stake.
But Li, 78, is so keen on the growth opportunity for pharmaceuticals in China that he devotes some of his valuable time to signing off on Chi-Med's joint ventures.
Its Black Economic Empowerment program calls for black ownership of 15% of all listed companies, black joint ventures with existing white-dominated businesses, a larger role in the management of those businesses and the reallocation of agricultural land.
The talks are more likely to lead to an alliance, through several joint ventures, than a full-scale merger.
The company's revenue comes from joint ventures, licensing, research-and-development contracts and manufacturing.
Sales of interiors are poised to grow in China, where the company has six joint ventures and is helping up-and-comers like Chery Automobile prepare for the day when Chinese cars hit U.S. soil.
Changing the constitution, which is necessary to allow foreign companies to take a stake in the country's ample hydrocarbon reserves and for Pemex to enter into joint ventures, requires a two-thirds majority vote in Congress.
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