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A foreign venture agreement is a legal contract that connects two entities—either individuals or companies—working towards a shared goal. eForms provides the largest database of fillable legal forms to assist in navigating contracts and official documents. This video discusses the definition of a joint venture, how it differs from a partnership, common applications for joint venture agreements, and steps to create an effective agreement. Joint ventures are often formed when parties need to combine resources to achieve objectives they cannot accomplish individually. Typical uses include real estate developments, capital investments, and construction projects. A link at the end of the video allows viewers to start filling out a tailored joint venture agreement.