WTCA and TOBB sign memorandum of understanding to further the promotion of international trade

The World Trade Centers Association® (WTCA®), signed a Memorandum of Understanding (MOU) with The Union of Chambers and Commodity Exchanges of Türkiye (TOBB) last week on July 21, to formalize its cooperation in facilitating and promoting global trade combining the strengths of both TOBB’s and the WTCA’s global networks.

TOBB is the highest legal entity in the country of Türkiye, representing and guiding the private sector. It consists of 365 local chambers of commerce, industry, maritime commerce and commodity exchanges in 81 provinces and 160 counties, encompassing 1.5 million enterprises. TOBB represents the Turkish business community in the international arena and assists small- and medium-sized enterprises (SMEs) in accessing foreign markets.

Türkiye is open to international investments and is hoping the MOU and the power of the global WTCA network — along with its existing WTC businesses in Ankara and Istanbul — can help drive further corporate investments to the country and assist with trade efforts. Together with WTC Istanbul and WTC Ankara, the WTCA is excited to also collaborate with TOBB in Türkiye in support of mutual strategic initiatives and growth of the WTCA network in Türkiye.

Read more here: World Trade Centers Association (wtca.org)

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