London, United Kingdom – July 29, 2024 – The International Centre for Trade Transparency & Monitoring (ICTTM) is excited to announce a strategic partnership with the Baltic-Central Asian Chamber of Commerce (BCACC). This collaboration will leverage ICTTM’s advanced trade and supply chain data platforms, ADAMkyc and ADAMftd, to support businesses in the Baltic and Central Asian regions by improving trade data analysis, market forecasting, supply chain mapping, and KYC compliance.
This partnership highlights the shared commitment of both organizations to promote transparency and efficiency in international trade. By providing BCACC’s members with exclusive access to ICTTM’s innovative tools, the initiative aims to streamline export and import operations, ensure compliance with global supply chain transparency requirements, and help businesses succeed in the competitive global market.
The Hon. David Wells, Board Chairman of ICTTM, expressed his excitement about the partnership, stating, “Collaborating with the Baltic-Central Asian Chamber of Commerce marks a notable step in our mission to enhance global trade transparency and efficiency. By equipping BCACC’s members with our advanced tools, we are not only fostering the growth of the Baltic business ecosystem but also contributing to a more interconnected and streamlined international trade environment.”
Raul Uus, Chairman of the Board of BCACC, added, “We are pleased to sign the Memorandum of Understanding between BCACC and ICTTM to provide our members and partners with a service that increases transparency and facilitates the selection of potential business partners, especially in the trade and logistics sector. We hope that this tool, which we will be testing, will prove particularly useful in today’s world where frictionless trade is becoming increasingly important.”
About the Baltic-Central Asian Chamber of Commerce (BCACC)
The Baltic-Central Asian Chamber of Commerce fosters economic, cultural, and educational cooperation between the Baltic states and Central Asian countries. BCACC advocates for business interests, facilitates international trade relations, and provides its members with essential resources and support to achieve global success.
About the International Centre for Trade Transparency & Monitoring (ICTTM)
The International Centre for Trade Transparency & Monitoring is pioneering the development of ADAMftd (Advanced Data Analytics and Modeling for Foreign Trade Data), an AI-powered platform that aims to revolutionize international commerce by offering unparalleled insights and transparency into global supply chains. This innovative application provides businesses and governments with extensive data for making informed decisions and forecasting market trends. ADAMftd utilizes billions of historical and real-time trade data points to predict future trade patterns, offering access to customer and competitor data, transaction histories, supply and demand information, and forecasting capabilities. Additionally, ADAMftd supports supply chain modeling and authentication, helping over 300 million businesses worldwide comply with new global supply chain regulations.
