IATA and ITC join forces for cross-border trade
29 / 09 / 2022
IATA and the International Trade Centre (ITC) have joined forces to improve access to global trade and air cargo supply chain information for businesses and air cargo professionals.
ITC is the joint agency of the World Trade Organization and the United Nations.
Through this agreement, ITC and IATA will cross-link their information offerings, including data, to expand access to strategic information for trade and cargo professionals.
IATA TACT Online users will benefit from ITC’s Market Access Map and its information on temporary trade restrictions related to the Ukraine-Russia conflict and COVID-19 measures, as well as up-to-date information on market demand trends and market access conditions through ITC’s Market Analysis tools.
ITC executive director Pamela Coke-Hamilton said: “In challenging times of the three Cs – COVID, conflict and climate change – small businesses need to boost their resilience by adapting their business models and diversifying market risks.
“Through our partnership with IATA, ITC is helping businesses to adapt to challenging economic conditions and capitalize on emerging opportunities which is key for supporting an inclusive global recovery.”
Brendan Sullivan, Global Head of Cargo, IATA, said: “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.”