News

IATA and ITC sign MoU to improve cross-border trade

The International Air Transport Association (IATA) and the International Trade Centre (ITC) have signed an agreement to make global trade more efficient.

The deal was signed at the IATA World Cargo Symposium in London and under the agreement, IATA and ITC will cross-link their information, including data, to expand access to strategic information for trade and cargo professionals.

Users of the Global Trade Helpdesk platform can benefit from using IATA ONE source platform with information on freight forwarders.

IATA TACT Online users will have access to ITC’s Market Access Map and information on temporary trade restrictions, as well as up-to-date information on market demand trends and market access conditions through ITC’s Market Analysis tools.

Pamela Coke-Hamilton, Executive Director of ITC, says, “Through our partnership with IATA, ITC is helping businesses to adapt to challenging economic conditions and capitalise on emerging opportunities which is key for supporting an inclusive global recovery.”

Brendan Sullivan, Global Head of Cargo at IATA, says, “Air cargo facilitates global trade, but it is a tough business, and information is critical to success. Our partnership with ITC will help our many customers in the air cargo sector to have even better market insights on trade. And, as success brings growth, everybody will win with expanded trading opportunities.”