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Florida Journal of International Law

Abstract

The German Democratic Republic (GDR or East Germany) and the Federal Republic of Germany (FRG or West Germany) have reunified economically. Western businessmen who seek to invest in Germany have prepared for virtually any possibility, including overnight revision of business plans and concepts. While some citizens who remain in the GDR clash with newly forming opposition parties, many East German residents flee daily to the FRG. Yet within the first few months since the Berlin Wall fell, East-West business partners have signed and negotiated numerous cooperative agreements.

One such cooperative agreement which the GDR and FRG currently are promoting is the international joint venture. In order to facilitate business transactions, the GDR and FRG are now beginning the difficult task of considering how to reconcile their commercial laws and policies which affect joint ventures. The difficult task of reconciliation is better understood by examining the economic history of the GDR and FRG since World War II.

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