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London and Vancouver sign Memorandum of Understanding

London's promotional agency London & Partners and the Vancouver Economic Commission have signed a memorandum of understanding  which will allow the two Olympic cities to share lessons and knowledge about hosting an Olympic Games with a particular focus on future opportunities surrounding economic and business development.

The agreement signed at an Olympic Legacy gala was part of the overall Cities Summit 2012, hosted by Vancouver Mayor Gregor Robertson and the Vancouver Economic Commission. The memorandum was officially signed by Lee Malleau, CEO- Vancouver Economic Commission and Gordon Innes, CEO London & Partners, where Innes’ was speaking on a panel entitled: The Next Edge: the 21st Century City’s Economic Advantage.

The City of Vancouver (Canada) hosted the Vancouver 2010 Olympic and Paralympic Winter Games (2010 Winter Games) and London is set to host this year’s 2012 Olympic and Paralympic Summer Games July 27 to August 12 and August 29 to September 9, 2012.

As well as sharing knowledge between the two organisations, the memorandum stipulates that the two cities will exchange ideas on fostering legacy projects as well as hosting future major events. The agreement also encourages the exchange of learning and experience in different fields including sustainable development, social development, accessibility, education, science and technology, culture, urban planning, tourism and more.