History
ITC is the successor of the International Trade Information Centre, which the General Agreement on Tariffs and Trade (GATT) established in 1964 “for the purpose of assisting the export promotion efforts of the developing countries” by providing them “with information on export markets and marketing, and to help them develop their export promotion services and train the personnel needed for these services.” In an effort to streamline the United Nation's export promotion efforts, an agreement was reached between the GATT, which at that time and in contrast to its successor, the WTO, was part of the United Nations system, and the newly established UNCTAD, to merge the activities of the two organizations by creating a joint subsidiary. The agreement was reached in 1967 and the International Trade Centre (the explicit reference to "information" was dropped) was officially established on 1 January 1968.
Read more about this topic: International Trade Centre
Famous quotes containing the word history:
“A poet’s object is not to tell what actually happened but what could or would happen either probably or inevitably.... For this reason poetry is something more scientific and serious than history, because poetry tends to give general truths while history gives particular facts.”
—Aristotle (384–323 B.C.)