The below Letter to the Editor, co-signed by the Chair of the ICC Commission on Taxation, appeared in print and online editions of the Financial Times today.
Following the signature of its renewed Memorandum of Understanding with the World Customs Organization (WCO) on 27 June 2011, ICC took part in the WCO World Customs and Trade Forum held in Guangzhou, China on 24-25 November. ICC was invited to be the keynote speaker during a session devoted to customs-trade partnerships and the importance of open debate in fostering knowledge.
London A Financial Times editorial says the issues driving anti-globalization protesters remain both popular and real, though their fury has subsided. Meanwhile, globalization itself remains an economic reality, even if the growth of world trade has slowed and investment flow are down, the business newspa
At a post-G20 Summit event, organized on the occasion of ICC Finland’s annual general meeting, Jean-Guy Carrier, ICC Secretary General, told participants that protectionism was the wrong medicine for the global economy during this time of crisis.
ICC has released the fourth issue of the G20 Executive Brief, a newsletter aimed at keeping the organization’s international network and the business community informed following this year’s G20 Summit, 3-4 November in Cannes.
Chamber leaders from around the world helped the Limburg Chamber of Commerce and Industry select their “All Star Innovation Hero”, an award presented yesterday during the Creativity World Forum held in Hasselt, Belgium, 16-17 November 2011.
The judging panel of the International Bar Association’s (IBA) Outstanding Young Lawyer of the Year Award 2011 has awarded ICC’s very own Hannah Tuempel, Manager of the ICC International Centre for ADR with an exceptional honourable mention.
In response to the Australian Senate’s approval of the plain packaging bill, the International Chamber of Commerce’s Business Action to Stop Counterfeiting and Piracy (BASCAP) group expressed its concerns over the legislation and its far-reaching impacts on the rights of trademark owners and intellectual property rights in general.
The ICC Commission on Taxation held its first roundtable on Brazilian tax issues in Rio de Janeiro on 21 October.
The International Chamber of Commerce (ICC) – the world business organization – is urging G20 governments to put trade and investment at the heart of their Action Plan for Growth and Jobs in response to the outcomes of the Cannes G20 Summit.
The International Chamber of Commerce (ICC) presented two business awards honouring free enterprise at the annual Junior Chamber International (JCI) World Congress, which took place in Brussels, Belgium from 1-5 November.
The International Chamber of Commerce (ICC), along with its partners including MEDEF (French business confederation) and the World Economic Forum (WEF), yesterday concluded an intensive two days of meetings in Cannes, France, for the G20 Business Summit (B20).
London The chemical tanker had been hijacked on 15 January 2011 some 310 nautical miles off Oman. It is understood that the South Korean navy despatched a destroyer which had been pursuing the ship for almost a week before it finally caught up with the hijacked vessel and deployed a team of commandos. It
Commercial Crime Services (CCS), ICC's crime fighting unit, has learned of a recent spate of cyber attacks aimed at the databases of a major US bank. CCS is warning individuals and bank account holders to take all the necessary precautions to protect themselves, as threats of this nature continue to plague financial institutions and their customers.
Jose Ricardo Feris will succeed Simon Greenberg as Deputy Secretary General of the ICC International Court of Arbitration, in January 2012, ICC announced today.
More reporting and greater awareness leading to increased government reaction is proving a successful strategy in the battle against piracy, says IMB.
Trade and the big shifts taking place in the economic development model, currencies, financial markets and institutions were the focus of the ICC Trade Finance Summit today in Beijing.
The International Chamber of Commerce (ICC) welcomes the agreement reached by leaders to address the challenges of sovereign and bank debt in Europe as a development that should contribute to restoring confidence and stability to the world economy, but believes that a strong multilateral effort by all G20 countries will be needed to lead the world economy into a position of renewed growth and job creation.
The rules set by bank regulators impose unwarranted capital requirements that choke trade and have adverse impacts on growth. A new report issued today by the International Chamber of Commerce (ICC) shows that trade finance is a relatively low-risk asset class that should not be feared by banks, nor overregulated by governments.
The International Chamber of Commerce (ICC) is pleased that the Basel Committee on Banking Supervision has announced measures that recognize trade finance as a low-risk activity for banks, and says that there is opportunity to further refine the rules to foster the development of trade and the support of SME clients. The ICC asserts that treating trade finance as a unique asset class to accurately reflect its low risk will help foster more trade and create jobs.