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The International Trade Centre (ITC) () is a multilateral agency which has a joint mandate with the
World Trade Organization The World Trade Organization (WTO) is an intergovernmental organization headquartered in Geneva, Switzerland that regulates and facilitates international trade. Governments use the organization to establish, revise, and enforce the rules that g ...
(WTO) and the
United Nations The United Nations (UN) is the Earth, global intergovernmental organization established by the signing of the Charter of the United Nations, UN Charter on 26 June 1945 with the stated purpose of maintaining international peace and internationa ...
(UN) through the United Nations Conference on Trade and Development (UNCTAD). The headquarters of the ITC are in
Geneva Geneva ( , ; ) ; ; . is the List of cities in Switzerland, second-most populous city in Switzerland and the most populous in French-speaking Romandy. Situated in the southwest of the country, where the Rhône exits Lake Geneva, it is the ca ...
, and the agency employs around 300 employees from over 80 different nationalities.


History

ITC is the successor to the International Trade Information Centre, which the General Agreement on Tariffs and Trade (GATT) established in 1964 to assist the exports of
developing countries A developing country is a sovereign state with a less-developed Secondary sector of the economy, industrial base and a lower Human Development Index (HDI) relative to developed countries. However, this definition is not universally agreed upon. ...
. An agreement was reached between the GATT and the newly established UNCTAD to create a joint subsidiary in 1967. The International Trade Centre (ITC) was established on 1 January 1968. The ITC has a joint mandate with the World Trade Organization (WTO) and the United Nations (UN) through the United Nations Conference on Trade and Development (UNCTAD). The ITC is the focal point for trade-related technical assistance.


Funding

The work of the ITC is financed by contributions from the private sector and resources provided by beneficiary countries and international organizations.


See also

*
United Nations The United Nations (UN) is the Earth, global intergovernmental organization established by the signing of the Charter of the United Nations, UN Charter on 26 June 1945 with the stated purpose of maintaining international peace and internationa ...
*
World Trade Organization The World Trade Organization (WTO) is an intergovernmental organization headquartered in Geneva, Switzerland that regulates and facilitates international trade. Governments use the organization to establish, revise, and enforce the rules that g ...
* United Nations Conference on Trade and Development * Trade and development


References

{{Authority control United Nations Development Group United Nations General Assembly subsidiary organs International development organizations International trade organizations World Trade Organization Organizations established in 1964 United Nations organizations based in Geneva