Chicago Sister Cities International (CSCI) has been awarded Sister Cities International’s 2015 Innovation Award for Economic Development for a city with a population greater than 500,000. The 2015 Sister Cities International Innovation Award for Economic Development recognizes the accomplishments of outstanding community and individual sister city programs that promote peace through mutual respect, understanding, and cooperation. The award will be presented during a special ceremony on Saturday, July 18, 2015 during Sister Cities International’s 59th Annual Conference in Minneapolis, Minnesota.
In May 2014, CSCI worked with Mayor Rahm Emanuel, World Business Chicago, the Chicagoland Chamber of Commerce, and Choose Chicago to welcome a group of nearly 50 business and government leaders from Mexico City, Mexico to share economic development best practices and showcase Chicago as a premier global business destination. This put into action the implementation phase of the “Global Cities Economic Partnership” Memorandum of Understanding (MOU) between Chicago and Mexico City, signed by Mayor Emanuel and Mayor Miguel Ángel Mancera in 2013.
The MOU was signed to foster trade, investment, innovation, and learning. It expands the economic ties between the two cities and outlines key areas of cooperation including: the promotion of foreign direct investment, trade, innovation, tourism, and education to increase employment, expand advanced industries, and strengthen global competitiveness.
The MOU was signed to take these sister city relationships to the next level, and further, provide a template on how Chicago can further increase economic cooperation with its sister cities. To this end, the MOU provides a roadmap to align with the joint mission of global engagement between CSCI, its parent organization World Business Chicago (WBC), and the Office of the Mayor of the City of Chicago.