Global trade flows rebounded across many regions in 2010, according to the International Chamber of Commerce (ICC) Trade and Finance Global Survey 2011, but high-pricing meant that traders in many low-income countries still faced difficulties accessing affordable trade finance.
The International Chamber of Commerce (ICC) welcomes the recent European Union (EU) initiative to make the European market more efficient by reducing tax distortions and compliance costs. The European Commission on 16 March 2011 published a proposal for a Directive on a Common Consolidated Corporate Tax Base (CCCTB).
The World Bank and ICC will launch the first of a series of workshops to be held on the ‘Aid for Trade’ (A4T) agenda. Now in its third year, the A4T initiative – launched at the World Trade Organization’s (WTO) Hong Kong Ministerial Conference in December 2005 – combines public and private sectors perspectives to develop trade-related skills and infrastructure in developing countries.
As the sixth Internet Governance Forum (IGF) draws to a close in Kenya today, ICC Business Action to Support the Information Society (BASIS) members have highlighted the essential role of the private sector in driving continued Internet development.
SWIFT, the financial messaging provider for more than 9,700 financial institutions and corporations in 209 countries, and the Banking Commission of the International Chamber of Commerce (ICC) have signed a Declaration of Cooperation that will enable industry-wide adoption of the Bank Payment Obligation (BPO).
Ankara, Turkey “The aim of the conference was to bring together all the key players to explore how Turkey’s government and businesses can benefit by more effectively promoting and protecting intellectual property,” said Rifat Hisarcıklıoglu, President of ICC Turkey. “It was very important that Hayati Yazı
ICC Brazil will host its first Taxation Roundtable under the auspices of the ICC Taxation Commission on the 21st October 2011 in Rio de Janeiro, Brazil. The event aims to shed light on Brazil tax policy and administrative practices. It promises to be highly pertinent given the crucial role tax policies play in providing stability in today’s continually changing international trade climate.
Technologies and services such as cloud computing, social media and mobile Internet have created a fresh new set of policy challenges that will only be effectively addressed if all relevant stakeholders work together on an equal footing. This was the key message delivered today at the opening of IGF Kenya by Subramanian Ramadorai, Chair of the International Chamber of Commerce’s (ICC) Business Action to Support the Information Society (BASIS) initiative and Vice-Chairman, Tata Consultancy Services (TCS).
Nairobi Addressing over 100 ministers and delegates at the Kenyan-ITU Ministerial forum, ICC Secretary General Jean-Guy Carrier noted that innovations, investments and economic growth will only occur in partnerships where fair and open approaches to Internet governance are sought. “Private secto
The International Chambers of Commerce (ICC), in association with ICC China, is set to host a major ICC Banking Commission meeting in Beijing from October 24-28 at the Marriot Beijing City Wall. The meeting, which will include a technical workshop and a trade finance summit, will be attended by eminent banking professionals, international organizations and supervisory bodies from over 80 countries.
The ICC G20 Advisory Group, an initiative of the International Chamber of Commerce (ICC), today consulted with the CEOs of leading regional companies to deliver business input on economic growth and job creation to G20 leaders.
As China announces a move to establish a national online database of convicted bribers, ICC has released a Mandarin translation of its Resisting Extortion and Solicitation in International Transactions (RESIST) training tool that will support private sector efforts in the country to withstand bribe solicitation. The toolkit – already available in English, French and Spanish – is also being made available this week in Arabic, providing accessible and concrete global solutions to back the international fight against corruption.
RESIST is an ICC joint initiative developed in collaboration with Transparency International, the UN Global Compact and the World Economic Forum Partnering Against Corruption Initiative (PACI). It directly addresses concerns raised by the G20 in its Seoul anti-corruption plan, which calls for a strong private sector involvement in fighting corruption. The translations come as a timely addition to ICC anti-corruption efforts ahead of this year’s G20 gathering in Cannes, France in November.
The World Trade Organization (WTO) and the International Labour Office (ILO) on Tuesday launched Making Globalization Socially Sustainable, a publication that is the product of a collaborative two-year research programme funded by the ICC Research Foundation.
The Director-General of the World Trade Organization (WTO), Pascal Lamy, told the ICC Executive Board on Friday he is happy that cooperation between the International Chamber of Commerce (ICC) and WTO has increased in recent years.
Chambers of commerce play an important role in supporting trade and development, ICC World Chambers Federation Vice-Chairman Mustafa Mansur told delegates at the opening ceremony of the 2011 Beijing International Conference of Friendly Chambers of Commerce Conference.
A further expansion of the ATA Carnet chain can be foreseen in the near future following Trinidad and Tobago’s recent ratification of the International Convention for the temporary admission of goods – also known as the Istanbul Convention.
New protection for Internet users and detailed standards for marketers selling to them are highlighted in a newly revised code of global marketing practice. The Consolidated ICC Code of Advertising and Marketing Communications, launched today and made globally available online, serves as the foundation for national self-regulatory systems that monitor marketing practices and provide consumers with easy access to make complaints and redress problems.
The International Chamber of Commerce (ICC) today released a Discussion Paper highlighting how a commercially-driven framework has allowed Internet Backbone Interconnection Agreements to fuel the massive growth of the Internet across the globe.
The paper, written by the ICC Task Force on Internet and Telecoms Infrastructure and Services (ITIS), highlights data from various sources. This includes a 2011 Analysys Mason study that shows how commercial interconnection agreements negotiated in a market-based regulatory environment have resulted in more efficient global network usage, improved network performance, international expansion and investment growth.
“The challenges of entrepreneurial representation in the world” was a central theme of the 21st Congress for the Confederation Commercial and Business Associations of Brazil (CACB), held in Salvador, Bahia, 10-11 August, celebrating 200 years of Brazil's Chamber of Commerce serving their small- and medium-sized business community.
After the first two improved quarters of 2011, the global economic upswing is faltering, according to the latest quarterly World Economic Survey (WES) from the International Chamber of Commerce (ICC) and the Munich-based Ifo Institute for Economic Research, published today.
The World Economic Climate indicator fell by 10 points, from 107.7 in the second quarter of 2011 to 97.7 in the third. It fell based on the assessment of 1,080 economic experts, in 117 countries, who responded to the WES survey questions on both the current economic climate, as well as on the next six-month outlook.