GTR and the International Trade and Forfaiting Association (ITFA) have signed a global partnership agreement that will see the two institutions work together in a mutually beneficial capacity.
As part of the formal agreement, GTR and ITFA will join forces to combine their strengths and areas of influence in the trade finance market. Among other things they will seek to collaborate as institutional partners at one another’s events and co-operate on industry-related survey generation and interpretation.
ITFA’s relevance continues to grow.
Lorna Pillow, ITFA’s head of communication and membership, comments on the agreement: “ITFA’s relevance continues to grow – not only as an association that brings together banks and financial institutions engaged in originating and distributing trade-related receivables – but also by acting as a window into changing trade and forfaiting practices.
“We are delighted to be teaming up with GTR as ITFA’s global strategic media partner. This alliance will build on our momentum to provide more information to our members who will benefit not only through substantial discounts and free passes to a number of GTR conferences but more importantly it will help in the promotion of important initiatives that ITFA needs to leverage for its members.
“The partnership will see the launch of various initiatives that will be announced throughout 2015, beginning with ITFA hosting a cocktail reception for banks in the GCC region on February 17, 2015 during GTR Mena Trade Finance Week in Dubai.”