The International Chamber of Commerce (ICC) today unveiled new uniform rules on forfaiting (URF) to govern the international forfaiting market estimated at more than US$300 billion annually. The URF will enter into effect on 1 January 2013, providing a set of rules for the sale of instruments used for financing trade – which include bills of exchange, promissory notes, documentary credits and invoice purchases as well as some newer instruments.
The International Chamber of Commerce (ICC) and the Oslo-based Business for Peace Foundation are seeking nominees for the 2013 Business for Peace Award, a global honour accorded to inspiring business leaders and entrepreneurs who combine ethical responsibility with business success.
What steps should be taken in the lead up to an international mediation and how can confidentiality and enforceability be ensured? These are just some of the questions that will be answered when an ICC seminar on mediation takes place in Hong Kong at the end of the month.
In light of its leadership role with the Mexico 2012 B20 task force on trade and investment, ICC was invited to give one of the inaugural addresses at the first G20 Trade and Investment Promotion Summit, 4-6 November in Mexico City. ICC presented the recommendations of the task force on trade and investment, which were the basis for the organization of this summit.
The International Chamber of Commerce (ICC) underscored at the Climate Investment Funds meetings, which ran from 30 October to 7 November in Istanbul, that effectively leveraging private and public capital will require a range of incentives, partnerships, policy frameworks, and risk sharing in order to achieve the desired environmental and socioeconomic results.
As the seventh Internet Governance Forum (IGF) draws to a close in Azerbaijan today, ICC BASIS (Business Action to Support the Information Society) members highlighted that market-focused enabling policy frameworks are key to driving Internet innovation and economic growth. Highlighting a need to enrich the Internet governance debate, business believes that inclusive participation and the multistakeholder approach are the most effective ways to promote and protect these policies.
Asia-Pacific Economic Cooperation (APEC) economies came together to set out common principles for advertising self-regulation and agreed on the importance of the Consolidated ICC Code of Advertising and Marketing Practice as an essential foundation.
Now is the time to register for the few remaining places at the ICC Advanced PIDA Training on international commercial arbitration, in Paris on 3-6 December 2012, hosted by the International Chamber of Commerce (ICC) Institute of World Business Law.
Government officials and intellectual property experts at a recent conference in Beijing emphasized the strategic importance of intellectual property (IP) in shaping current economic policies of governments and businesses.
Chamber trade documentation experts from more than 20 countries set in motion a series of global initiatives and action plans during their recent meeting on 6 November 2012 in Goa, reinforcing their central role in helping business do international trade.
7th annual, UN-linked Internet Governance Forum (IGF) to focus on maintaining the free flow of information online and maximizing the economic potential of the Internet.
Ahead of Internet Governance Forum (IGF) 2012, which opens in Azerbaijan tomorrow, the International Chamber of Commerce (ICC) has stressed the importance of both the multistakeholder approach to Internet policy creation, and enhanced cooperation in stimulating economic growth.
ICC experts underscored the crucial role played by business in tackling the challenges of climate change, at the 15th annual meeting of the International Business Forum (IBF) in Pretoria earlier this month.
The International Chamber of Commerce (ICC) is today launching a fresh version of its new web portal, featuring additions – such as mega menus – that make the site even more enjoyable and easy to visit.
An exclusive interview on “10 years of international arbitration in Latin America” and an analysis of arbitration in world sport, are just two of the treats lined up for participants at the 10th ICC Annual Miami Conference on 11-13 November.
Staying in control of commercial disputes using ADR techniques is the main theme of the upcoming 4th ICC International Mediation Conference scheduled to take place in Paris on 7 February 2013.
The International Chamber of Commerce (ICC) told business leaders and government officials – including Russian Prime Minister Dmitry Medvedev – gathered in Moscow for the International Forum on Anti-counterfeiting 2012 that efforts to stabilize the economy and stimulate economic growth must include intellectual property rights (IPR) protection in order to drive innovation, development and jobs.
The number of ships signaling attacks by Somali pirates has fallen this year to its lowest since 2009, a report from the International Chamber of Commerce International Maritime Bureau (IMB) revealed today, but IMB warns seafarers to remain vigilant in high-risk waters around Somalia, the Gulf of Aden and the Red Sea. Meanwhile, violent attacks and hijackings are spreading in the Gulf of Guinea.
The latest version of the Incoterms® rules, ICC’s standard commercial terms for use in contracts for the sale of goods, have been officially endorsed by the United Nations Commission on International Trade Law (UNCITRAL), confirming their position as the global standard for international business transactions.
ICC is pleased to announce Kersten-Karl Barth, Sustainability Director at Siemens AG, as new Chair of its Commission on Environment and Energy. Mr Barth has worked at Siemens AG for almost 20 years and has held various positions across the company’s portfolio and geographical reach, including hydropower in Latin America, industrial energy efficiency in Europe, and field service for power plants worldwide. In his current position he focuses on the implementation of Siemens’ global sustainability programme.