Organisations may partner to increase the likelihood of each achieving their mission and to amplify their reach. A partnership may result in issuing and holding equity or may be only governed by a contract.
Partnerships have a long history; they were already in use in Medieval times in Europe and in the Middle East. According to a 2006 article, the first partnership was implemented in 1383 by Francesco di Marco Datini, a merchant of Prato and Florence. The Covoni company (1336-40) and the Del Buono-Bencivenni company (1336-40) have also been referred to as early partnerships, but they were not formal partnerships.
In Europe, the partnerships contributed to the Commercial Revolution which started in the 13th century. In the 15th century the cities of the Hanseatic League, would mutually strengthen each other; a ship from Hamburg to Danzig would not only carry its own cargo but was also commissioned to transport freight for other members of the league. This practice not only saved time and money, but also constituted a first step toward partnership. This capacity to join forces in reciprocal services became a distinctive feature, and a long lasting success factor, of the Hanseatic team spirit.
Tanzania has been shortlisted in the 2020 installment of the prestigious ‘World Trade Promotion Organisation Award.’
Official statement from the International Trade Centre (ITC) revealed here that 18 national trade promotion organisations have been shortlisted for the 2020 World Trade Promotion Organisation (WTPO) Awards with Tanzania listed among the seven countries that stood up in the ‘Best Use of Partnership,’ category.
The shortlisted organisations are competing in three categories, including the ‘Best use of a partnership,’ in which Colombia, Egypt, Sweden, the Netherlands, Viet Nam, Zimbabwe and the United Republic of Tanzania have been slotted.
There is also the ‘Best use of information technology,’ where Brazil, China, Georgia, Malaysia, Portugal and the United Arab Emirates topped the bill, while for the ‘Best initiative for inclusive and sustainable trade,’ it was Austria, Costa Rica, Lithuania, Saint Lucia and Spain that got listed up.
The winners will be announced at the 13th WTPO Conference in to be held in Accra, Ghana, on the 14th of October, this year.
The WTPO Awards 2020 received 60 applications, the highest number since the awards were created in 2004. A jury of peers selected the shortlist. The jury is comprised of the 2018 award winners, and is chaired by ITC Executive Director Dorothy Tembo.
The competition, open to all national trade promotion organizations, recognizes excellence in trade support services. They celebrate organizations that excel in innovative, effective export development initiatives. The organizations must show that they help micro, small and medium-sized enterprises (MSMEs) to become competitive in international markets.
Entrants were asked to demonstrate innovation and boldness for each of the three categories. The first category demonstrates strong service delivery through key partnerships; the second focuses on efficiency through new technologies; and the third showcases solutions that contribute to the 2030 Agenda for Sustainable Development.
Commenting on this year’s shortlist, Ms Tembo said: ‘National trade promotion organizations play a crucial role in supporting business innovation, trade-led growth and the internationalization of MSMEs. To be able to deliver services at a time of multiple external shocks these organizations must be proactive, and forge their place at the front line’.
‘The entries demonstrate how these organizations are responding, while also shaping their initiatives to contribute to inclusive and sustainable economic growth,’ she added. ‘Today’s nominees displayed vision and commitment to excellence in service delivery.’
The TPO Network World Conference is a biennial event, first held in 1996 in Cartagena, Colombia. The 13th conference, themed ‘Bold solutions for resilience and recovery’ will bring together more than 200 TPO representatives, policymakers and business leaders from over 70 economies
_0.jpg?itok=QU87XW8D){kind=tracking}
.jpeg?itok=vCj6bCRe)
