Memorandum of Understanding
Whereas we live in an age of increasing world-wide mutual dependence,
Whereas the communities we represent share a common desire to promote economic growth and encourage business development through recognition of our reciprocal needs, shared risks and common objectives,
Whereas our cities have made a commitment to strategic economic development in the knowledge that sharing of expertise and experience benefits all.
Now therefore we the undersigned agree to enter into this Recommended Memorandum of understanding to establish formal relationships between our communities, fostering business development and trade opportunities through commercial interaction in sectors where we have identifiable common interests, such as:
- Energy Related Technology
- Culture and Education
- Food processing and Marketing
- Environmental Technology
- Tourist Development
- Public Sector Interest
which list is not intended to limit co-operation in other areas. We hereto agree to the following:
That the participants in the World Energy Cities Partnership keep each other informed of important economic and civic issues,
That the participants encourage strategic links and joint ventures between the business and commercial sectors of their cities,
That the participants give close consideration to the joint exploration of other world markets,
That the participants provide information, liaison and support to prospective businesses interested in investing investment and business opportunities, in order to facilitate access to each other markets,
That the participants undertake to promote public awareness of the Partnership,
That the participants co-ordinate economic missions within their respective locality in collaboration with all levels of government as appropriate.
That the participants meet every 2 years as a minimum to discuss organisational issues, in addition, the participants will meet at major international conferences as appropriate and agreed upon.
Last amended September 2000 - AGM, Perth, Australia.