Successful European Assembly & IRTA Meeting Settled Important Issues
The second Conference of the Euro-Asian Barter Assembly, was held on
May 1 and 2, at the Napoleon Hotel in Paris, France. The two day
conference, convened by assembly secretary and Barter Hall-of-Fame
member Paul Suplizio, was attended by leaders of the modern trade
and barter industry representing eighteen companies from across
Europe, Asia and North America.
The conference featured seminars and discussions about the impact of
the barter process on the global economy, barter exchange dynamics,
and other financial and worldwide issues. At the general meeting
attendees made important decisions regarding the future of barter in
Euro-Asia.
In a motion approved unanimously, the Euro-Asian Assembly voted to
form IRTA Europe as a new not-for-profit entity registered in
Europe. IRTA Europe will direct European barter operations and will
be part the IRTA Global system of standards, ethics, education and
regulation. �I totally support the Assembly�s decision to form IRTA
Europe and see this as a unifying endeavor that will further the
global economic impact of the Modern Trade and Barter Industry,�
declared IRTA President David Wallach.
Alina Piddubna from BartEx-Ukraine and Dorottya Szabo from
GlobalXchange-Hungary were elected as project leaders. They will
work with IRTA Executive Director Ron Whitney to establish the new
IRTA Europe entity and have the necessary documents in place and
ready for approval by the IRTA Global Board of Director during the
IRTA International Convention scheduled for October 2010.
A
major focus of the new non-profit IRTA European entity will be to
obtain grant and other monetary assistance from the European Union
to help fund IRTA European programs and initiatives. Dorottya Szabo
who is experienced with the EU grant system was assigned to make
inquires and report back to the group with her findings within 30
days.
The meeting was called to order by Chairman Semi Simsek promptly at
on May 1 2010 8:30 a.m. What followed was a full schedule of
presentations, meetings, discussions and seminars that on both days
lasted until 6:00 p.m. Chairman Simsek and Secretary Suplizio made
their opening remarks setting the tone and presenting the agenda for
the meeting. After thanking Maximilien Urso for hosting the event,
IRTA President David Wallach was introduced.
Wallach made his presentation entitled �A Parallel Capital System�
in which he described how the process of modern trade and barter
will solve some of the world�s most devastating problems by creating
millions of jobs through the capitalization of businesses, using
Excess Business Capacity as a resource base � something that an up
to now has been ignored and wasted. He stressed that because of
current worldwide economic conditions, now is precisely the time for
our industry to educate both government and business communities
about our tremendous potential to create significant global
employment.
An array of very valuable and informative seminars and panels were
presented. Gary Field a member of IRTA Global Board of Directors and
President of Nubarter (USA), provided a very well received and
detailed power-point presentation regarding hiring, retaining,
compensating, and managing a barter company sales force. Gary�s
partner in Nubarter Linda Tillinger offered a comprehensive review
of how to plan and account for revenue and barter company expenses.
David Selikowitz, President of Active International Europe,
explained how retail trade exchanges and corporate barter companies
can buy and sell to one another. Bob Bagga, President BizXchange
(Dubai), and Sirri Simsek, President Turk Barter (Turkey), shared a
lively panel that discussed the role of trade brokering and
increasing trade volume.
David Wallach and David Selikowitz discussed and took questions on
media trading techniques. And Ron Whitney, IRTA Executive Director,
provided information about how Universal Currency (UC) operates and
explained the UC Euro-Platform to the delegates.
Members of the Assembly all agreed to utilize the UC Euro-Platform
for trading among themselves, and to place selected goods and
services on the pre-existing IRTA UC software. Thus allowing
seamless trading within the UC system. IRTA and UC will provide
administrative support in this effort.
