Which organization is jointly operated by the WTO and the United Nations to help developing countries trade?
Answer
International Trade Centre
The International Trade Centre is jointly operated by the WTO and the United Nations to help developing countries trade.
The ITC is a multilateral agency focused on supporting small businesses and developing and transition economies. It provides trade intelligence, capacity building and practical assistance intended to help firms connect with international markets.
The organization traces its institutional history to the General Agreement on Tariffs and Trade. Since 1964, it has operated in association with the United Nations system, and it became a joint agency of the WTO and the UN through the WTO’s establishment in 1995.
The ITC is distinct from UNCTAD. UNCTAD is a UN body focused broadly on trade and development policy, while the ITC emphasizes business competitiveness, export development and trade-support services.