London, United Kingdom – March 12, 2024 – The International Centre for Trade Transparency & Monitoring (ICTTM) is pleased to announce the signing of a Memorandum of Understanding (MOU) with the Indian Chamber of International Business (ICIB). This pivotal agreement, signed yesterday, marks a significant collaboration aimed at empowering businesses with advanced technological solutions to navigate the complexities of global trade.
Under the MOU, ICIB’s extensive network of businesses will gain priority access to ICTTM’s innovative tools, ADAMkyc and ADAMftd. These platforms are designed to revolutionize trade data analysis, market forecasts, supply chain mapping, and KYC (Know Your Customer) compliance, providing businesses with the insights and efficiency needed for successful international trade.
Lord JD Waverley, a distinguished board member of ICTTM, expressed his enthusiasm for the partnership, stating, “This collaboration with the Indian Chamber of International Business is a milestone in our mission to foster transparency and efficiency in global trade. We are proud to support ICIB and its members with our ADAMkyc and ADAMftd platforms, setting a new standard in trade facilitation, compliance, and transparency.”
Mr. Manpreet Singh, President of the Indian Chamber of International Business, added: “This partnership shall open up India to Europe and the UK in a whole new spectrum. Post-Brexit opportunities will be directly brought about between India and Europe and further extending to the Americas. India is soon going to be one of the top 3 economies in the world, and this partnership with the ICTTM will contribute to the discovery of new opportunities for MSME companies with ambitions for making their mark in global trade.”
About the Indian Chamber of International Business (ICIB)
The Indian Chamber of International Business is a leading business chamber, supporting the growth and development of Indian businesses on a global scale. With a focus on fostering international trade relations, ICIB provides its members with valuable resources, networking opportunities, and advocacy to navigate the global business landscape effectively.
About ICTTM
The International Centre for Trade Transparency & Monitoring stands at the forefront of promoting transparency and compliance within the realm of international trade. Through its innovative platforms, ADAMkyc and ADAMftd, ICTTM offers essential tools for businesses to ensure transparency, security, and efficiency in global trade, contributing to a more connected and compliant international trade environment.
