global-partnerships

Vocabulary Word

Definition
'Global-partnerships' are collaborations between businesses, organizations or groups from different nations. They're made to benefit everyone involved and usually work towards a common goal, like a tech firm in the USA partnering with one in India.
Examples in Different Contexts
In sustainable development, 'global partnerships' involve cooperation between governments, private sector, civil society, and international organizations to achieve sustainable goals. A sustainability advocate might explain, 'Global partnerships are essential for addressing climate change and ensuring sustainable development for all.'
Practice Scenarios
Academics

Scenario:

Our department has an opportunity for a research project with a European university. It requires cooperation and resource sharing.

Response:

That's a great idea. A global partnership such as this could lead to significant breakthroughs in our research.

Business

Scenario:

Our company needs new strategic alliances for our expansion plans in Europe. Their market has potential.

Response:

Forming a strong global partnership with a European company could indeed be a game-changer for us.

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