Industrial Partnership Agreement

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.