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| Abbreviation | ITC |
|---|---|
| Predecessor | International Trade Information Centre |
| Formation | 1964; 61 years ago (1964) |
| Type | Intergovernmental organization |
| Legal status | Active |
| Purpose | To foster inclusive and sustainable economic development |
| Headquarters | Geneva, Switzerland |
| Coordinates | 46°13′03″N6°08′29″E / 46.217429°N 6.141458°E /46.217429; 6.141458 |
Region | Worldwide |
| Methods | Education, Publications, Training, Knowledge dissemination |
| Fields | International development,Economic development |
Executive Director | Pamela Coke-Hamilton[1] since July 2020 |
Parent organization | World Trade Organization United Nations |
| Budget | CHF 116.24 million[2] (2017) |
| Staff | 299[2] (2017) |
| Website | www.intracen.org |
 Politics portal | |
TheInternational Trade Centre (ITC) (French:Centre du commerce international (CCI)) is a multilateral agency which has a joint mandate with theWorld Trade Organization (WTO) and theUnited Nations (UN) through theUnited Nations Conference on Trade and Development (UNCTAD).[3]
The headquarters of the ITC are inGeneva, and the agency employs around 300 employees from over 80 different nationalities.[4]
ITC is the successor to the International Trade Information Centre, which theGeneral Agreement on Tariffs and Trade (GATT) established in 1964 to assist the exports ofdeveloping countries.[5] An agreement was reached between theGATT and the newly establishedUNCTAD to create a joint subsidiary in 1967. The International Trade Centre (ITC) was established on 1 January 1968.[6] The ITC has a joint mandate with theWorld Trade Organization (WTO) and theUnited Nations (UN) through theUnited Nations Conference on Trade and Development (UNCTAD). The ITC is the focal point for trade-related technical assistance.[7]
The work of the ITC is financed by a regular budget (RB) and its extra-budgetary resources (XB).[8] The RB is made of equal yearly contributions from the UN and WTO as part of the organizations' budget cycle. The XB is made of voluntary contributions to the ITC Trust Fund (ITF) from the private sector, international organisations, donor governments, and other kinds of groups which can last multiple years. The XB can be divided into Window I (W1) (un-earmarked or soft-earmarked contributions) and Window II (W2) (hard-earmarked contributions). For 2025, the RB consisted of US$46 million, W1 was $7.7 million, and W2 was $107.3 million, a total of $161 million.[9]
As a joint organization of the UN and WTO, the ITC also works to maintain and develop international trade. Criticism of the WTO's trade policies could also reflect in the ITC since their main clients are micro, small and medium-sized enterprises (MSMEs), business support organizations (BSOs), and the governments ofdeveloping countries. Within theGlobal South, these groups have often suffered due to theeconomic liberalization encouraged and required by international groups such as theWTO,International Monetary Fund (IMF), andWorld Bank Group (WBG). Since the ITC's strategic plans involve: leveraging the private sector, reaffirming a private sector focus, and access to finance,[10] criticisms of other current international trade organizations are also relevant.
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