Article written by Michio Matsuzaki.
I would like to discuss International Joint Ventures (IJVs) in Japan and the aspects of business opportunities and legal procedures in particular. First, let me begin by quoting some of the basics regarding IJV's from the Wikipedia page on IJVs:
Joint venture established in 1987 by the European Commission (DG GROW) and the Japanese Government (METI) for promoting all forms of industrial, trade and investment cooperation between the EU and Japan.