BAKU, Azerbaijan, January 25. In the travel and tourism sector, 64 percent of Azerbaijani companies work with Asia, 58 percent with Europe, 27 percent with post-Soviet countries, 26 percent with the East Asia and Pacific (EAP) region, 31 percent with North America or South America, 14 percent with Australia and Oceania, and 8 percent with Africa. Paula Castenada, an employee of the ITC (International Trade Center), said this during the event on "Non-Tariff Barriers to Trade" in Baku, Trend reports.
"In transportation and logistics, 59 percent of companies operate with Asia, 57 percent with Europe, 15 percent with post-Soviet countries, 18 percent with EAP, 10 percent with the Americas, 4 percent with Australia and Oceania, and 2 percent with Africa. The information and communication technology (ICT) sector has 33 percent of companies in Asia, 67 percent in Europe, 5 percent with post-Soviet countries, 5 percent with EAP, 8 percent in the Americas, 8 percent in Australia and Oceania, and 2 percent in Africa," she added.
To note, the ITC is a joint agency of the United Nations and the World Trade Organization dedicated entirely to trade-related support for small businesses in developing countries. Established in 1964 under the General Agreement on Tariffs and Trade (GATT), since 1968 ITC has been working under the joint auspices of GATT/WTO and the United Nations, the latter acting through the United Nations Conference on Trade and Development (UNCTAD). ITC is the focal point within the UN system for technical cooperation with developing countries and countries with economies in transition in the area of trade promotion and export development.
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