The World Trade Centre Association (WTCA) which was founded in 1970 after the establishment of the 1st World Trade Centre at New York to encourage the expansion of World Trade. The World Trade Centre Association is a non-forfeit, non political organization for the effective operation of the World Trade Centers across the World. World Trade Centre Association has 323 members from 95 countries.
The aim World Trade Centre Association is to maintain international business relationship and understanding among nations. It also tries to create and encourage mutual assistance and cooperation among members. It also helps nations to increase their industrialization and participation in the World Trade.
The World Trade Centre Association has proposed to set up a World Trade Centre in Bhubaneswar to increase the participation in World Trade and also for the promotion of international trade and investment in Odisha.
World Trade Centre has 323 members from 95 countries and the number of business associates is around 1 million which account for more than one third of the World Trade Centre.
The proposal of establishing World Trade Centre in Odisha was presented at a high level meeting at World Trade Centre Association where World Trade Centre adviser Jayant Ghate and some of his colleagues were present. The proposal has been accepted and the details will be discussed further, said Ghate.
The aim World Trade Centre is the effective combination of infrastructure and service to promote international trade in Odisha which has a legacy of maritime international trade, Ghate added.
The World Trade Centre has been providing services in many field across the world like in the field of trade information, trade research, trade education, exhibition facilities, meeting and conversations, temporary residential facilities, shopping arcades, and the most important one import and export activities, said Mr. T Ramachandru, Industries Secretary.
The World Trade Centre Association also proposed to submit a detailed report on the set up of World Trade Centre in Bhubaneswar. The World Trade Centre is most probably to be established on the periphery of the capital of Odisha, Bhubaneswar. If the project of the World Trade Centre became successful then the export import business will increase in Odisha which will lead to earn a good amount of money for the business men.
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