LYLM – A European Partnership

← Back

May 2, 2014

European partners in the Markets industry have signed a Memorandum of Understanding in the House of Commons in London to celebrate the importance of markets to communities, town and cities across Europe and the world. Representatives of the various European partners are pictured at the signing ceremony in the House of Commons.

The National Association of British Market Authorities (Nabma), responsible for the highly successful Love Your Local Market campaign, are working in collaboration with the World Union of Wholesale Markets (WUWM) and Market Operators Groupe Geraud, who deliver over 2,500 across Europe each week. The Memorandum aims to increase the retail market profile and presence at European level – especially towards the European Commission and its associated funding partners.

Nabma CEO Graham Wilson, OBE said ‘Love Your Local Market has become the biggest markets event in the UK. Last year it involved 700 markets and enabled around 3000 people to try market trading for the first time. We are hoping to achieve even greater success this year. Giving Love Your Market an international dimension will demonstrate the ability of markets across Europe to work together and enable us all to show the importance of markets to local communities in many different places. It will also show the vital contribution made by markets to boosting local business and culture.”

Co-signatories of the Memorandum included European partners from Holland, France, Italy and Spain who are already working to promote retail and wholesale markets with the intention of beneficially supporting the growth and development of small and medium sized businesses. Collaborators include the European Projects Central Markets (Central Europe Programme), Marakanda (ENPI CBC Programme) and Urbact Markets (Urbact II Programme), along with the following city and market signatories: Mercasa, the Institute of Barcelona Markets (IMMB) and the City of Venice.

Managed by WUWM the agreement will adopt all aspects of the UK’s Love Your Local Market campaign, “WUWM is delighted to be playing a leading role in bringing retail markets from Europe and the wider markets community together to enjoy the benefits of international market celebrations. This provides an opportunity for markets to learn from each other and demonstrate the strength of markets in many different places. WUWM looks forward to working with all our partners over the next two years to develop an international “Love Your Local Market ”