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However, the two countries would jointly exploit any reserves found there.
They gave no further details on how they would jointly own the company.
The Departments of Education and Health and Human Services would jointly administer the Challenge Fund.
They have also spoken directly of the challenges they would jointly face.
The firm says its initial plan that Cohen would jointly represent clients did not pan out.
21st Century Fox and Apollo would jointly own and manage the new venture.
The companies said on April 1 that they would jointly develop the four drugs.
By the end of 1997, it was projected, the two countries would jointly conduct investment, customs, and taxation policies.
Teachers and principals would jointly decide on the rules, although Ms. Weingarten did not say exactly how it would work.
The companies said at the time that they planned to split costs and would jointly develop and sell the product.
In exchange for giving the Treasury minority stakes, the nine firms would jointly receive an investment worth $125 billion.
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