A roundtable organized by ICC on competition law enforcement from the angle of due process will provide an opportunity for a dialogue between government competition agencies and private business.
Prospects for a strong and lasting trade recovery are mixed, with access to affordable trade finance constrained, trade protectionism still a problem, and banks facing tougher capital requirements for their trade assets, a major new survey on trade finance by the International Chamber of Commerce (ICC) said today.
Somali pirates were responsible for 35 of the 67 piracy incidents reported worldwide during the first quarter of the year, the ICC International Maritime Bureau (IMB) reported today.
The unprecedented situation resulting from the volcanic eruption has led to delays in the presentation of documents by beneficiaries and banks to nominated banks, issuing banks, guarantors and instructing parties, due to the inability of courier companies to deliver packages in accordance with their published schedules.
The International Chamber of Commerce regretfully announces the postponement of its Banking Commission Spring meeting and its related events due to take place in Beijing on 21-23 April. Although over 400 participants were expected to attend the gathering, the decision was taken under exceptional circumstances, as ash from a volcano in Iceland continues to cause major disruptions in air travel across most of Europe.
ICC today urged the Organization for Economic Development and Cooperation (OECD) to promote awareness of the world business organization’s codes on environmental claims in advertising and to foster exchanges of information on research regarding consumer perceptions.
Every day, business plays a crucial role to ensure the network connectivity that so many people around the world take for granted when they click to send an email or logon to the Internet.
At a recent meeting of the ICC Commission on E-business, IT and Telecoms (EBITT), Mohamed Elnawawy, Vice-President for Corporate Strategy at Telecom Egypt outlined some of the measures and policy approaches that can be taken to keep networks up and running.
ICC will write to chief executive officers (CEOs) who last year urged the adoption of a review system to a UN anti-corruption convention to inform them of the success of their effort.
The letter would be a follow up to a message the CEO’s sent to UN Secretary General Ban Ki-moon last May urging the adoption of an efficient review mechanism to ensure that the 143 signatory states are complying with their commitment to fight corrupt practices. The mechanism, based on self-assessments by governments and peer reviews that will be made public, was adopted by a UN conference in Doha last November.
Although the world’s economy averted the worst, the current recovery is fragile and it will take some time for the global economy to return to robust growth, ICC Chairman Victor K. Fung told an energy conference today.
A number of suspicious transactions in the steel trade has been identified by the ICC International Maritime Bureau (IMB).
The tenth edition of ICC’s popular “Intellectual Property Roadmap for Business and Policy Makers” was released today, with updated information on all the major IP issues including patents, trademarks, copyright issues and discussions of less established areas such as the protection of databases and genetic resources.
ICC today called for a successful conclusion to the negotiations on the Anti-Counterfeiting Trade Agreement (ACTA) that have lasted almost two years even as risks to economic development, jobs, consumer safety and world trade remain at a high point due to the worldwide proliferation of counterfeiting and piracy.
As it emerges from a deep recession, the US must reject protectionism and economic nationalism, and champion foreign investment as a key driver of prosperity, a top US State Department official told a conference organized by ICC’s representative in the US.
The Foundation’s Board of Trustees and International Advisory Council have selected new projects focused on trade and employment to be supported by funds from the Foundation. Work on the following project is already underway and will deliver results during 2010.
Participants from 27 countries connected through their computers to follow Steve Baker, the International Trade Certification Manager from the British Chambers of Commerce, cover topics on Certificates of Origin (COs) ranging from their purpose to ensuring quality service and confidentiality.
Preparations for the premier event on the calendars of chamber leaders officially got underway today as the ICC World Chambers Federation (WCF) announced the theme for the 7th World Chambers Congress in 2011: Enterprise – Network – Prosperity.
ICC is expanding its educational activities on trade rules through the launch, by the European Bank for Reconstruction and Development (EBRD), of an online training programme for its member issuing banks in 29 countries operating from Central Europe to Central Asia.
The ICC Banking Commission Task Force on Anti-Money Laundering today released guidelines on sanction clauses in trade related products, including letters of credit, documentary collections and guarantees. Sanctions are imposed by the United Nations, the Council of the European Union or individual countries to prohibit dealings with specific countries, persons, ships, aircraft or goods, especially with respect to import and export licensing of technology or controlled goods.
To mark the 100th anniversary of International Women’s Day, the Vietnam Chamber of Commerce and Industry (VCCI) and the Vietnam Women Entrepreneurs Council organized a series of events in Hanoi, Ho Chi Minh City and across the country to celebrate the successes of Vietnamese women entrepreneurs and recognize their contribution to the country’s development.
In an effort to provide greater financial security following the global recession, the International Chamber of Commerce (ICC) today unveiled an extensively revised version of the Uniform Rules for Demand Guarantees (URDG), which will be instrumental in adopting uniform practices in trade finance. The revised URDG rules are the latest example of ICC’s leadership in writing rules that govern some $14 trillion of international trade. Since its founding in 1919, one of ICC’s primary missions has been to write rules to facilitate cross-border trade and investment.