The Power of the WTC Network
Maureen Pace, President of WebPort Global and WTC Dublin
October 12, 2018 12:00 AM
More than two dozen World Trade Centers (WTCs) from across the globe officially signed a Memorandum of Understanding (MOU) on agriculture during the World Trade Centers Association’s (WTCA) 49th General Assembly, taking place this spring.
As signatories on this important agreement and Members of the WTCA’s proprietary global network, the MOU will build a robust framework for collaboration on agricultural trade issues. Spearheaded by WTC Harbin (China), each Member of the group of participating WTCs has deep ties to their local agriculture industries and the challenges they face. This group of organizations from more than one dozen countries offers a stable platform to foster trade ties during a time of increasing uncertainty.
Steven Lo, Executive Director of WTC Harbin remarked, “As a Member of the WTCA I understand the great potential in working together to find new opportunities for our home regions. The objective of this signed understanding is to equip participating Members with a robust knowledge base, specialized services, and a means of collaborating so that each WTC may, in turn, enable their local business communities with tools to access and participate in global agribusiness.”
The brief but significant ceremony memorialized the occasion and encouraged other WTCs to join the initiative. Signatories vowed to work on increasing opportunities for trade, as well as bridge the gaps that exist between their local agricultural sectors and the global trade community.
“This is a prime example of a benefit that only a global network like the WTCA can offer,” remarked Mr. Scott Ferguson, Chief Executive Officer of WTCA. “As an association whose Members are intricately woven into the fabric of their local economies, we are uniquely positioned to connect local communities to global opportunities, even in a global environment that may not always seem conducive to this kind of collaboration. My sincerest congratulations to all of the signatories of this important agreement—this is what our association is all about.”
Participating WTCs include the following from across the globe: Accra, Ghana; Algiers, Algeria; Amman. Jordan; Arkansas, United States of America; Beirut, Lebanon; Bengaluru, India; Boston, United States of America; Chandigarh, India; Chennai, India; Cyprus; Dublin, Ireland; Edmonton, Canada; GIFT City, India; Harbin, China; Indianapolis, United States of America; Joinville, Brazil; Kochi, India; Leeuwarden, the Netherlands; Montana, United States of America; Mumbai, India; Noida, India; Perth, Australia; Qatar; Saskatoon, Canada; Riyadh, Saudi Arabia; Trieste, Italy; Washington D.C., United States of America; and Winnipeg, Canada