IRTA stands for International Reciprocal Trade Association. It is a global organization that represents the interests of the modern trade and barter industry. IRTA serves as a platform for businesses and individuals involved in reciprocal trade, offering them support, resources, and networking opportunities.
Reciprocal trade refers to a system where goods and services are exchanged directly between parties without the involvement of money. Instead, trade is facilitated through the use of trade credits or barter currencies. These trade credits serve as a medium of exchange within the reciprocal trade network.
The main objective of IRTA is to promote and enhance the understanding, acceptance, and utilization of reciprocal trade. It provides guidance and educational materials to its members, helping them improve their understanding of the barter industry and its best practices. IRTA also establishes standards and ethics within the industry, ensuring fair and equitable trading practices among its members.
As a global organization, IRTA encourages collaboration and cooperation among its members from different countries and regions. It holds regular conferences and events where members can network, exchange ideas, and learn from industry experts. This fosters a sense of community and unity among practitioners of reciprocal trade worldwide.
Overall, IRTA plays a vital role in advocating for the interests of the reciprocal trade industry, serving as a resource hub and platform for its members, and promoting and facilitating fair and ethical exchanges of goods and services.
