London, United Kingdom – August 21, 2024 – The International Centre for Trade Transparency & Monitoring (ICTTM) is pleased to announce the signing of a Memorandum of Understanding (MOU) with the Ukrainian-Arab Business Chamber (UABC). This strategic partnership aims to foster stronger trade relations between Ukraine and the Arab world by leveraging ICTTM’s innovative trade and supply chain data platforms, ADAMkyc and ADAMftd. These platforms are designed to enhance trade data analysis, market forecasting, supply chain transparency, and KYC compliance.
This collaboration underscores the commitment of both organizations to promoting transparency and efficiency in international trade. By providing UABC’s members with priority access to ICTTM’s advanced tools, the partnership seeks to streamline business processes, ensure compliance with international standards, and support the growth of businesses across Ukraine and the Arab countries.
The Hon. David Wells, Board Chairman of ICTTM, commented on the partnership: “We are pleased to partner with the Ukrainian-Arab Business Chamber to promote increased trade between Ukraine and the Middle East. This MOU is a testament to our shared vision of fostering stronger economic ties and expanding opportunities for businesses around the globe. By utilizing our advanced trade and supply chain platforms, we aim to facilitate seamless transactions and support sustainable growth in international trade.”
Olena Shyrokova, Co-founder of the Ukrainian-Arab Business Chamber, added, “This MOU marks a significant milestone in our collaboration which not only represents a commitment to mutual growth but also champions the resilience and potential of Ukrainian businesses. Together, we will create meaningful opportunities that drive progress and innovation.”
Nick Doroshenko, Co-founder of the Ukrainian-Arab Business Chamber, added, ” We are delighted to formalize this partnership and look forward to the opportunities this MOU creates for the mutual growth and collaboration of our organizations. Together, we hope to achieve remarkable results!”
About the Ukrainian-Arab Business Chamber (UABC)
The Ukrainian-Arab Business Chamber is a leading organization dedicated to fostering economic, cultural, and business relations between Ukraine and the Arab countries. The UABC plays a vital role in advocating for business interests, facilitating international trade, and providing its members with the resources and support necessary to succeed in the global market.
About the International Centre for Trade Transparency & Monitoring (ICTTM)
The International Centre for Trade Transparency & Monitoring is at the forefront of developing ADAMftd (Advanced Data Analytics and Modeling for Foreign Trade Data), an AI-powered platform designed to revolutionize international trade by offering unparalleled insights and transparency into global supply chains. This innovative application provides businesses and governments with extensive data for informed decision-making and market trend forecasting. ADAMftd utilizes billions of historical and real-time trade data points to predict future trade patterns, providing 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.
