The distance from Earth to Mars changes dramatically depending on where the planets are in their orbits. At closest approach, when Mars and Earth are on the same side of the Sun, the distance between the planets can be as low as 54.6 million kilometers. At their greatest separation, when the planets are on opposite sides of the Sun, they can be as far as 401 million km apart.
DEFINITION of 'Joint Venture-JV'. A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity.
* Joint-Venture Agreements simply provide for equity participation by the resource owner, either on a concession type of contract or (more commonly in the oil industry) in connection with Production Sharing Agreements.