Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
strategic alliance
A coalition formed by two or more persons in the same or complementary businesses to gain long-term financial, operational, and marketing advantages without jeopardizing competitive indepenfence <through their strategic alliance, the manufacturer and distributor of a co-developed product shared development costs>. Cf. JOINT VENTURE; PARTNERSHIP.