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Bob Bagga Selected As 2015 Barter
Hall Of Fame Inductee
The Hall of Fame Committee is pleased to announce that Bob Bagga,
Co-Founder, President and CEO of BizX with offices in Seattle,
Oakland, and Dubai, has been elected to receive the 2015 Hall of
Fame Award. This is the highest honor conferred by IRTA, and the
association congratulates Bob on his well-deserved award!
award will be presented at the International Reciprocal Trade
Association's 36th Annual International Convention being
held September 17 through 19 at the Solmar Resort in Cabo San Lucas,
Bob's accomplishments in the private currency and
barter industry have garnered him international recognition. Over
the last 20 years, he has built a number of successful trade
exchanges. His first company, Barter Business Exchange, which he
co-founded at the age of 22, went on to go public as Ubarter.com. He
co-founded BizX in 2002, which has grown to be the leading trade
exchange on the West Coast. BizX has been recognized by INC Magazine
as one of the fastest growing companies in the U.S. for 6 years, and
winner of many regional and national awards.
In 1992, he
co-founded Barter Business Exchange (BBE), which expanded across
Canada with offices in Toronto, Hamilton, Windsor, and Vancouver.
Rogers Communication, Revlon and Kodak, along with 4,000 other
companies were all members of BBE, trading in excess of $60 million
BBE went on to become one of Canada's fastest
growing companies, and was rated at #46 in 1998 and #51 in 1999 by
Profit Magazine. It even went on to be featured by the Canadian
Broadcasting Corporation Venture program. In 1999, BBE merged with
International Barter Corp to create
and later that year was acquired by Seattle-based shopnow.com and
listed on NASDAQ.
Bob has been extensively involved with
IRTA, serving on the Board and holding numerous positions, including
chairing the certified broker training (CTB) committee, convention
committee, Vice President, Treasurer, and a member of the UC
He was also a part of the IRTA Board that worked
to create the Universal Currency (UC) system, a clearinghouse for
trade exchanges that allows exchange members to buy and sell between
one another, vastly broadening their reach. In 2005 IRTA recognized
Bob's many contributions and accomplishments by giving him the
Outstanding Achievement Award and the Legends of Barter Award.
Bob is actively involved in the Young Presidents Organization
(YPO) and a recipient of the Puget Sound Business Journal’s "40
under 40" award. He lives in Seattle with his wife Anita and
children Nikhil, Dylan and Mia.
To register for the 2015 IRTA
Convention, Click HERE.
To review the program schedule for the convention, click HERE.
If you have questions regarding the IRTA Convention, contact
IRTA’s Executive Director, Ron Whitney at email@example.com or 757-393-2292,
or IRTA’s Project Manager, Patty Weston at
firstname.lastname@example.org or 407-951-6797.
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ECCO Becomes United Nations Global-Compact Participant
On July 9, 2015, the European Club for Countertrade and Offset
(ECCO), was officially notified that it had been accepted as a
United Nations Global Compact participant.
In order to join
this list of world class organizations, committed to continuously
improving their performance in terms of Social Responsibility and
Ethics, ECCO addressed a letter in June to H.E. Ban Ki-Moon,
Secretary-General of the United Nations, signed by ECCO's Chairman,
concretizing the association's commitment in:
the 10 principles of the UN Global Compact with respect to human
rights, labor, environment, and anti-corruption
Participating in and engaging with the UN Global Compact by
attracting new members to the UN Global Compact
once every two years a communication on engagement (COE),
similar to the ECCO Social Responsibility Report published in
January 2015, that describes ECCO's efforts to support the
implementation of the UN Global Compact's ten principles.
The UN Global Compact is a corporate
the world's largest with nearly 12,000 business and non-business
participants in more than 140 countries. Following its adhesion,
ECCO aims to further align its strategy and operations with
universal principles on human rights, labor, environment and
anti-corruption, and pursue actions that advance societal goals.
Sylvain, chairman of ECCO, stated, "ECCO's participation in the UN
Global Compact again demonstrates our steadfast commitment to
pursing excellence in offsets through the alignment of the
association’s systems, processes, and performance with the world’s
highest standards of corporate social responsibility."
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The Growth and Use of Secondary
Capital (New Money) Creates Unprecedented Wealth In Today's New Age
There are many forms of secondary
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