World Trade Centers Association
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The World Trade Centers Association (WTCA) was founded in 1970 by Port Authority NYNJ executive
Guy F. Tozzoli Guy Frederick Tozzoli (February 12, 1922, North Bergen, New Jersey – February 2, 2013, Myrtle Beach, South Carolina) was director of the World Trade Department of the Port of New York Authority in the 1960s. As such he was a driving force behind t ...
. WTCA is a not-for-profit, non-political association dedicated to the establishment and operation of World Trade Centers (WTCs) as instruments for international trade expansion. As of May 2020, the WTCA included 323 properties licensed in 90 countries and staffed by "15,000 WTC professionals". The WTCA is an unofficial umbrella trade association that unites corporations and government agencies in international trade.


Licensing fees

In 2013, it was disclosed that the Association benefited substantially from its use of the "World Trade Center" name after the Port Authority of New York and New Jersey transferred to the Association in 1986 its local rights to the name for a token fee of $10. By licensing the use of the name to its members, including World Trade Center-branded merchandise, the Association generated considerable revenues while absorbing the heavy costs of registering the name and defending it against improper use in many countries. The terms of the licensing arrangement were not widely publicized until 2013 when it became known that the Port Authority had supported the mission of the Association by providing rent-free office space and other help, with Association staff serving as the trade assistance arm of the World Trade Center. In December 2018,
Laura Taylor Swain Laura Taylor Swain (born November 21, 1958) is the Chief United States district judge of the United States District Court for the Southern District of New York. Education and career Born in Brooklyn, New York, Swain earned an Artium Baccala ...
, Chief United States district judge of the United States District Court for the Southern District of New York, held that the wording of the 1986 assignment to the World Trade Centers Association did not include trademark rights for WORLD TRADE CENTER (such as for souvenir items bearing that mark). The WTCA received only ownership of the mark for services, such as for licensing to entities around the world.


Principles and governance

The WTCA's founding principles are: * To encourage the expansion of
world trade World Trade may refer to: * International trade * International finance * World Trade Organization *World Trade (band), a progressive rock band *World Trade Center (disambiguation) World Trade Centers are sites recognized by the World Trade Cente ...
; * To promote international business relationships and understanding among nations; * To foster increased participation in world trade by industrializing nations; * To create and encourage mutual assistance and cooperation among members; and * To promote and further the concept of the World Trade Center. The WTCA is governed by a 24-member international
Board of Directors A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organiz ...
, composed of executives from WTCA members around the world, and elected by the membership. Eight permanent committees have been established to carry on the work of the Association in the following fields: * Committee on Facilities and Functions * Committee on International Relations and Development * Committee on
Planning Planning is the process of thinking regarding the activities required to achieve a desired goal. Planning is based on foresight, the fundamental capacity for mental time travel. The evolution of forethought, the capacity to think ahead, is consi ...
and
Finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...
* Committee on Public Relations and Information * Committee on Tourism, Hospitality and Cultural Exchange * Committee on Trade Education, Training and Research * Committee on Trade Fairs, Trade Marts and High Tech Parks * Committee on WTC Standards and Quality * Committee on Peace & Stability through trade In December 2008, the WTCA awarded its first Global Corporate Leadership award to Robert Thompson, the founder of CenTradeX of Nashville, Tennessee.


References


Bibliography

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External links

* {{Authority control International trade organizations Organizations established in 1968 Organizations based in New York City 1968 establishments in the United States