Federation of Indian Chambers of Commerce and Industry (FICCI) signed a Memorandum of Understanding (MoU) with Asian Disaster Preparedness Centre (ADPC) to promote disaster risk management in the private sector on May 17, 2019 in Geneva. As per the MoU, FICCI and ADPC will cooperate on a range of issues, including promotion of Disaster Risk Management (DRM) in the private sector along with development and sharing of Disaster Risk Reduction (DRR) technical expertise through mutually identified means and modalities.