The Tripartite Economic Alliance increases meaningful and substantive trade and investment opportunities for Auckland-based businesses, entrepreneurs, and investors with two of its key international partner cities (Guangzhou and Los Angeles). At the same time it allows the city to foster its intercultural relations.
A Tripartite Summit is organised every year. Last year’s theme was 'Converging Innovation and Business Opportunities', focused on the following sectors:
- Advanced manufacturing
- Digital and creative
- Food innovation
- Education
- Bio-medicine
- Design and urban planning
- Tourism
- E-commerce.
Māori participation and outcomes are integral to Auckland’s economic development and key to the success of the Tripartite, in particular relating to brand, visibility, skills, investment and business. The Māori business 'Whānau Tahi', for example, attended the 2015 Tripartite Summit, increasing thereby its global outreach and business development, e.g. formal agreements with first nations/indigenous peoples’ agencies in the North America health sector.
The Tripartite was also the first international agreement Auckland signed in te reo.
