The industrial partnership agreement is concluded between Lidköping and Skaraborg (a county of 15 municipalities) in Sweden and Rockford, Madison and the Midwest in the United States. This agreement is a result and growth of the Lidköping-Rockford Industrial Partnership Agreement, signed in 2006 and updated in 2011. Industrial Partnership Agreements 2014-2016 While industrial partnerships strengthen mutual interests and accelerate success, some forms of cooperation can be seen as ethical issues. For example, when a politician cooperates with a company to promote its interests in exchange for a certain profit, there is a conflict of interest; Therefore, the common good can suffer. Although such a practice is technically legal in some jurisdictions, it is generally considered negative or corruption. 6. INTEREST.