CANARY WHARF, U.K. – Aug. 28, 2023 – PRLog— In a move symbolizing mutual commitment towards fostering greater trade transparency and strengthening international economic ties, the International Centre for Trade Transparency (https://www.icttm.org) is delighted to announce the signing of a Memorandum of Understanding (MOU) with the US-Ukraine Business Council (USUBC). The agreement was finalized on the 21st of August 2023.
Representing the ICTTM were the Honorable David Wells, Chairman, and James York, CEO. The USUBC was represented by Denys Yatsyshyn, Director of Corporate Relations.
The collaboration between ICTTM and USUBC aims to address barriers to trade, supply chain compliance, traceability, and transparency. This partnership is expected to provide both entities with the necessary tools and resources to “de-risk” the supply chain and ensure seamless trade operations between global partners.
James York, CEO of ICTTM, remarked, “This MOU not only solidifies our dedication to enhancing international trade practices but also our commitment to work with esteemed partners such as the USUBC. We are thrilled to collaborate and further the goals of transparency, efficiency, and innovation in the field of international commerce.”
Denys Yatsyshyn, on behalf of the USUBC, added, “The partnership with ICTTM reflects our shared vision of a future where trade barriers are minimized and global businesses thrive in a transparent, efficient, and innovative ecosystem. We are confident this agreement will pave the way for countless opportunities and milestones in the future.”
This collaboration is envisioned to offer a wealth of benefits to businesses, ranging from providing access to invaluable trade data and insights to fostering an environment conducive to global trade growth. Both entities are excited about the myriad possibilities this MOU will unlock and are eager to commence their joint efforts.