International Trade Centre
International Trade Centre
The International Trade Centre (ITC) is a joint agency of the World Trade Organization (WTO) and the United Nations (UN). It is dedicated to supporting the internationalization of small and medium-sized enterprises (SMEs). The ITC's mission is to foster inclusive and sustainable economic development and contribute to achieving the United Nations Sustainable Development Goals (SDGs).
History[edit | edit source]
The ITC was established in 1964 as the International Trade Information Centre. It was created to provide trade-related technical assistance to developing countries. Over the years, the ITC has evolved to address the changing needs of the global trade environment.
Functions[edit | edit source]
The ITC provides a range of services to support SMEs in developing countries, including:
- Market analysis and research
- Trade information services
- Export development and promotion
- Trade facilitation
- Capacity building and training
Programs and Initiatives[edit | edit source]
The ITC runs several programs and initiatives aimed at enhancing the trade capacities of developing countries. Some of these include:
- SheTrades Initiative: Aims to connect three million women entrepreneurs to international markets by 2021.
- Ethical Fashion Initiative: Links the world's top fashion talents to marginalized artisans in developing countries.
- Trade for Sustainable Development (T4SD): Supports businesses in integrating sustainability into their operations.
Governance[edit | edit source]
The ITC is governed by a Joint Advisory Group (JAG), which includes representatives from the WTO, the UN, and member states. The JAG meets annually to review the ITC's activities and provide strategic guidance.
Headquarters[edit | edit source]
The ITC is headquartered in Geneva, Switzerland.
Related Pages[edit | edit source]
- World Trade Organization
- United Nations
- Small and medium-sized enterprises
- Sustainable Development Goals
- Trade facilitation
- Export development
See Also[edit | edit source]
References[edit | edit source]
External Links[edit | edit source]
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