A Strategic Alliance is an agreement for cooperation among two or more independent companies to work together toward common objectives.
Related Definitions in the Project: The Project Management; Business Organisation
Example Article of the Strategic Agreement:
Adnoc signs strategic agreement with China National Offshore Oil Corporation (Source: The National (UAE) on 22 July 2019) - Abu Dhabi National Oil Company (Adnoc) and state-owned China National Offshore Oil Corporation (CNOOC) signed an agreement to collaborate in the energy sector with the world’s largest oil importer. The agreement, which covers ultra-sour gas development in Abu Dhabi, exploration for offshore hydrocarbons and the sale and purchase of liquefied natural gas, of which China is the largest buyer in the world, was signed as part of the official visit to Beijing by Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. ...