Northland Inc chief executive David Wilson is in the US for a meeting between the Economic Development NZ (EDNZ) and the US-based International Economic Development Council (IEDC).
The two economic bodies will sign a memorandum of understanding (MoU) which Wilson said would create unprecedented economic development ties between their respective countries, organisations and membership.
Wilson is the chairman of EDNZ.
The agreement would provide EDNZ with the opportunity to contribute to the world-wide economic development profession via projects, capability building and conferences that push the envelope on contemporary practice and economic development issues, he said.
EDNZ and its US counterpart share a similar purpose to provide leadership and excellence in economic development for the benefit of members and communities.
The MoU was to be signed at the IEDC conference in Atlanta, Georgia, yesterday.
"The IEDC has over 5000 corporate and individual members world-wide so this will provide New Zealand and EDNZ with unprecedented international reach," Wilson said.
''This is a first for New Zealand that marks a watershed in the advance of the practice in New Zealand and the sharing of expertise and experience amongst a global network.''
Dr Wilson was to address the conference on digital connectivity.
The chair of the IEDC will speak at the EDNZ conference in the Bay of Islands on October 19.