商英2班-解宇佳-17.docVIP

Joint Venture We undertake to set up factory premises. Dear sir, We have had several discussions on a joint venture with your representatives in Shanghai and have eventually entered into an agreement .Before drawing up the formal contracts for signature, we should like to confirm the main points upon which we have agreed, namely: Our firm and your firm enter into an automobile joint venture in Shanghai. The joint venture site, as agreed upon, is located in Qingpu Country, Shanghai. We hold 45% of the share and you 55%. All profits, loss, cost and liabilities will be prorat