World Chambers Congress - Istanbul 2007

Archives 2006 :

Dispute Resolution Services website gets facelift

Paris, 20 December 2006

In response to growing demand for general information by non-specialists as well as regular consultation by legal experts, ICC has redesigned its dispute resolution web pages.

Gird UN anti-corruption convention with good monitoring
Dead Sea, Jordan 15 December 2006 Monitoring and other follow-up measures are essential for the UN Convention against Corruption to be fully effective, the International Chamber of Commerce said at the first Conference of the States Parties to the convention.

Business, government must team up to harness development potential of ICTs, ICC says
Hong Kong, 4 December 2006 In an address today to ITU Telecom World 2006, International Chamber of Commerce Secretary General Guy Sebban called for more public-private cooperation to spread access to the Internet and information and communications technologies (ICTs), two powerful drivers of development.

ICC’s new rules on documentary credits now available
Paris, 4 December 2006 ICC is pleased to announce the publication of the 2007 Revision of Uniform Customs and Practice for Documentary Credits, UCP 600.

ICC India hosts meeting to step up fight against fakes
New Delhi, 2 December 2006 The Federation of Indian Chambers of Commerce & Industry this week gathered Indian government officials and local business executives in New Delhi with member companies of Business Action to Stop Counterfeiting and Piracy to discuss ways of accelerating local efforts to tackle the threat of piracy and counterfeiting.

ICC elects new Vice-Chairman
New Delhi, 30 November 2006 The International Chamber of Commerce today elected Hong Kong businessman Victor Fung as its new Vice-Chairman. Mr Fung was voted in by the ICC World Council, which brought together more than 100 of its business members from some 44 countries for a meeting in India this week.

India’s Commerce Secretary optimistic on Doha trade talks
New Delhi, 30 November 2006 In an address to ICC’s World Council in New Delhi today, the Indian Commerce Secretary, Gopal K. Pillai, said he believed the Doha round of trade negotiations could be brought to a successful conclusion by March 2007 and that India would play a positive role in re-starting the talks.

ICC Chairman, Indian trade minister promote Doha round
New Delhi, 29 November 2006 ICC Chairman Marcus Wallenberg met with Indian Minister for Commerce and Industry Kamal Nath today in New Delhi to stress the importance of re-starting the Doha trade round which has been suspended since July and bringing the talks to a successful conclusion.

EU, US must take first steps on Doha round, Indian PM tells ICC
New Delhi, 29 November 2006 In a meeting with ICC Chairman Marcus Wallenberg today, Indian Prime Minister Manmohan Singh said India will make every effort to re-start the Doha trade talks, but that the EU and the United States must be the first to offer new concessions.

Document production in international arbitration
Paris, 27 November 2006 The newly published 2006 Special Supplement to the ICC International Court of Arbitration Bulletin provides a panorama of document production processes in different parts of the world and practical suggestions on how to make the production of documents more efficient in international arbitration.

ICC Chairman meets Swedish trade minister
Stockholm, 23 November 2006 ICC Chairman Marcus Wallenberg met with the Swedish Minister of Trade, Sten Tolgfors last week.

Economists see soft landing for world economy
Paris, 21 November 2006 Economists’ expectations for the global economy have dimmed slightly in the fourth quarter of 2006, according to the latest ICC/Ifo World Economic Survey, released today.

Newsletter offers insight into new documentary credit rules
Paris, 21 November 2006 The autumn issue of DCInsight, ICC’s authoritative news magazine on documentary credits, features a series of articles giving practitioners’ first reactions to UCP 600, ICC’s new rules on documentary credits.

ICC appoints new Chair of banking commission
Paris, 6 November 2006 On behalf of ICC’s Chairman Marcus Wallenberg, ICC Secretary General Guy Sebban has appointed Regina Prehofer of Bank Austria Creditanstalt as the new Chair of the ICC Banking Commission.

Barroso confirms EU commitment to revive Doha round
Paris, 13 November 2006 In meetings last week with ICC Chairman Marcus Wallenberg and ICC Secretary General Guy Sebban, European Commission President José Manuel Barroso and the EC Director General for Trade, David O’Sullivan, affirmed their commitment to making progress with the Doha round and said they believed it could be restarted in 2007 with the aim of finalizing it in 2008.

ICC arbitration conference to be held in New York
Paris, 8 November 2006 For the past eight years, US parties have been the most numerous of all nationalities in ICC arbitration. Now US business and legal communities are offered an opportunity to improve their understanding of the workings of ICC arbitration at a conference held for the first time in New York City.

Global piracy decreasing but hotspots remain deadly
London, 31 October 2006 A recent study conducted by ICC's international anti-piracy agency, the International Maritime Bureau, notes that reported piracy attacks worldwide are on the decline.

ICC letter published in Financial Times
Paris, 31 October 2006 A letter from ICC Chairman Marcus Wallenberg has been published in the Financial Times. The letter supports recent statements by UK Chancellor of the Exchequer Gordon Brown calling for the revival of the Doha trade negotiations.

Information society needs greater global participation, ICC says
Athens, 30 October 2006 Greater participation in wide-ranging discussions with all parties on an equal footing is the best way to build an "information society for all," ICC said today at the opening session of the first Internet Governance Forum in Athens.

ICC to host workshop at IGF
Paris, 25 October 2006 At the first Internet Governance Forum next week in Athens, ICC's Business Action to Support the Information Society (BASIS) and the Canadian government are hosting a workshop on how to increase awareness and skill development to ensure the information society becomes more inclusive.

Banking commission approves revised rules on documentary credits
Paris, 25 October 2006 By a unanimous vote of 91 to 0, the ICC Banking Commission today approved UCP 600, ICC's revised rules on documentary credits. This is the first revision of the rules since UCP 500, the previous version, was approved in 1993.

ICC publishes Model Confidentiality Agreement
Paris, 24 October 2006 The latest in a series of widely used model contracts published by ICC has gone on sale.

Industry urges government action on international transfers of personal data
Brussels, 23 October 2006 The International Chamber of Commerce and The American Chamber of Commerce to the European Union (AmCham EU) urgently call upon decision-makers on both sides of the Atlantic to deliver real progress on international transfers of personal data, a matter of growing concern for businesses worldwide.

ICC submits "model clauses" to EC for international data transfers
Paris, 20 October 2006 In a move to standardize and speed up transfers of international data worldwide, ICC submitted today to the European Commission a proposal covering flows of personal data from data controllers to data processors.

Mastering international commercial arbitration in Latin America
Paris, 18 October 2006 Recent years have seen significant changes in international commercial arbitration in most Latin American countries. As an understanding of local legal cultures and attitudes is important to the success of an arbitration, ICC will hold a conference looking at issues and challenges faced by international arbitration in Latin America.

ICC, Turkey agree Doha trade talks must be revived
Paris, 17 October 2006 During a meeting in the Turkish capital of Ankara, ICC Chairman Marcus Wallenberg told Prime Minister Recep Tayyip Erdogan that WTO trade talks must be revived, because an ambitious outcome to these discussions is the best policy for continued global economic growth.

ICC works to close digital divide through Global Alliance
Paris, 9 October 2006 ICC Secretary General Guy Sebban joined UN Secretary-General Kofi Annan and Intel Chairman Craig Barrett last week to set objectives for the UN Global Alliance for Information and Communication Technologies and Development (GAID) at the initiative's steering committee meeting in New York.

ICC strengthens global marketing framework to fight child obesity
Paris, 5 October 2006 To assist in the worldwide efforts to foster improved diet and health and curb childhood obesity, the International Chamber of Commerce has issued a new global framework that promotes high ethical standards for marketing food and beverages.

ICC India hosts meetings on challenges facing information society
New Delhi, 2 October 2006 ICC hosted business executives from around the world on 18-20 September for a meeting of ICC's Commission on E-Business, IT and Telecoms (EBITT) and the first meeting of Business Action to Support the Information Society (BASIS) – a new ICC initiative to communicate business priorities and experience on information society issues.

New ethical code guides marketing communications worldwide
Paris, 28 September 2006 To address new ethical challenges brought on by a rapidly-changing media landscape, ICC has published a consolidated and expanded version of its advertising and marketing codes.

ICC Commercial Crime Services celebrates 25 years of crime fighting
London 20 September 2006 This month ICC Commercial Crime Services celebrates 25 years of combating commercial crime.

Smoothing the way for international data transfers
Paris, 12 September 2006 Companies transferring personal data outside the EU must comply with stringent European legal restrictions. To help businesses demonstrate their compliance, ICC has taken the initiative to standardize the process.

Extraterritoriality is thwarting global commerce, ICC warns
Paris, 7 September 2006 A disturbing threat to cross-border trade and investment is gathering momentum as countries are increasingly applying their laws and regulations to business conduct occurring outside their national territory.

New Court Director for North America
Paris, 6 September 2006 Josefa Sicard-Mirabal brings her experience as a former chief justice in the Dominican Republic and an attorney in the US to her new post as the International Court of Arbitration's Director of Arbitration and ADR for North America.

New IMB service helps seafarers pinpoint piracy attacks
London, 30 August 2006 Sea captains and ship owners whose vessels must travel through piracy hotspots have a new tool to help them prepare their voyage. IMB has launched an online piracy map to give users a visual on the nature and location of attacks.

Economists foresee slight slowdown in world economic growth
Paris, 22 August 2006 After two years of robust economic growth, prospects for the global economy dimmed slightly in the third quarter, an about face from more than a year of rosy forecasts, according to the latest World Economic Survey by CESifo and the International Chamber of Commerce, released today.

ICC to hold first conference on new documentary credit rules
Paris, 31 July 2006 ICC's revised rules on documentary credits, commonly called "UCP", are expected to be approved for release at the next meeting of the ICC Banking Commission on 24-25 October in Paris.

Decline in piracy attacks slows, IMB report reveals
London, 26 July 2006 Maritime piracy figures for the first six months of 2006 reveal that the recent decline in piracy attacks worldwide has slowed down. The figures appear in the Piracy and Armed Robbery Against Ships Report issued today by the International Chamber of Commerce's (ICC) International Maritime Bureau (IMB).

ICC urges strong follow up to G8 statement on intellectual property
Paris, 26 July 2006 The International Chamber of Commerce commends G8 leaders for proposing measures to better protect intellectual property rights at the G8 Summit this month and calls on those governments to turn their support into concrete action.

ICC calls for Doha Round to be resumed as quickly as possible
Paris, 25 July 2006 The International Chamber of Commerce is extremely disappointed by the suspension of the Doha Round of multilateral trade negotiations announced by WTO Director-General Pascal Lamy yesterday.

ICC says G8 must push harder for progress in stalled Doha talks
Paris, 17 July 2006 The International Chamber of Commerce welcomes the call issued by the G8 leaders in St. Petersburg for a concerted effort to conclude the Doha Round of trade negotiations by the end of this year - with a new deadline of mid-August for agreeing on negotiating procedures for agricultural and industrial goods.

ICC endorses joint EU-US plan to tackle booming trade in pirate and counterfeit goods
Paris, 7 July 2006 The International Chamber of Commerce strongly endorses the joint EU-US action strategy on counterfeiting and piracy as a major step forward in the fight against the galloping global trade in these illicit goods.

Fragmented domain names could destabilize Internet, ICC warns
Paris, 7 July 2006 The International Chamber of Commerce today warned that designs by China and other countries to create their own domain name systems in Letters Digits Hyphen (LDH) for locating data on the Internet exposes the Internet to new risks that could destabilize it if technical and logistical issues are not urgently addressed.

Putin assures ICC that global business concerns will be on G8 agenda
Moscow, 5 July 2006 Russian President Vladimir Putin, who will host the G8 Summit in St. Petersburg next week, met yesterday with International Chamber of Commerce Chairman Marcus Wallenberg to discuss world business priorities, including the critical state of the Doha trade round.

ICC gives final push at critical juncture in Doha trade talks
Geneva, 30 June 2006 As ministers gather in Geneva this week during what many claim is a make-or-break stage in the World Trade Organization's Doha trade round, ICC has rallied its resources in Geneva and across the globe to help ensure much needed progress will be made.

ICC urges government consultation to counter information compliance overload
Paris, 29 June 2006 To help avoid laws regulating business information systems from becoming too cumbersome and potentially counter-productive, the International Chamber of Commerce has issued a set of principles for governments to follow when drafting these procedures.

Seventy years on, Incoterms still key in avoiding legal uncertainty
Paris, 22 June 2006 ICC is celebrating the 70th anniversary of Incoterms, the cement that keeps the bricks of world trade contracts together. First devised and published by ICC in 1936, International Commercial Terms, known as Incoterms, provide clear definitions that spell out the responsibilities of the buyer and the seller in cross-border sales contracts.

ICC unveils information society initiative
Paris 20 June 2006 The International Chamber of Commerce today announced the creation of an ambitious new initiative, Business Action to Support the Information Society (BASIS).

Even very small producers and innovators can benefit from the IP system
Paris, 20 June 2006 ICC's Commission on Intellectual Property recently hosted a set of four panel discussions in Geneva on how the intellectual property system can be used to help a country's development. Experiences were shared on national innovation strategies; helping small and medium-sized entreprises gain access to the intellectual property system; access to educational and scientific information; and development of local enterprise, investment and know-how regarding genetic resources.

Business endorses UN convention on electronic contracting
Paris 19 June 2006 The International Chamber of Commerce supports the recently-concluded United Nations Convention on the Use of Electronic Communications in International Contracts as a useful reform to spur development of cross-border online commerce in the developed and developing world.

ICC to push harder for progress on Doha Round
Paris, 16 June 2006 ICC's World Council, which is made up of over 100 business people from around the world, today agreed to intensify the pressure on national governments in the hope of bringing the World Trade Organization's Doha trade negotiations to a successful conclusion by the end of this year.

New ICC guide to prevention of money laundering and terrorist financing
Paris, 15 June 2006 Money laundering, terrorist financing and failure to comply with the strict international laws established to fight organized crime, drug trafficking and terrorism pose grave risks for companies. The number of individuals and firms subject to money laundering and terror finance legislation has never been greater.

ICC inaugurates prize for excellence in international law research
Paris, 9 June 2006 To forge closer ties between law practitioners and academia, the Institute of World Business Law, part of the International Chamber of Commerce (ICC), has inaugurated its first-ever prize in academic research.

Hong Kong is setting for international construction conference
Paris, 5 June 2006 What are the options when disputes arise over international construction contracts? How can these disputes be resolved in a timely and cost-efficient manner? These questions will be answered at the 6th International Chamber of Commerce and International Federation of Consulting Engineers Conference on International Construction Contracts to take place on 3-4 July in Hong Kong.

Anti-piracy tops agenda at ICC film conference
Cannes, 30 May 2006 The growing international scope of film piracy and the steps the film industry and government must take to curb the problem were among the most urgent issues addressed at ICC's 20th Annual Conference on International Audiovisual Law, Film Distribution, New Technology and Piracy: Thriving in a brave new world, which took place in Cannes on 18-19 May.

Cross-border insolvency laws needed to reassure investors
Paris, 24 May 2006 An upcoming International Chamber of Commerce (ICC) conference on cross-border insolvency and conflict of jurisdictions, with experts from Europe and the United States, centres on this timely and important issue for companies, lawyers, judges, investors and legislators.

ICC's intellectual property messages delivered at IT summit
Paris, 23 May 2006 Secretary General Guy Sebban shared ICC's messages on new technology and piracy with the who's who of the IT world when he served as a panellist at the 15th World Congress on Information Technology (WCIT) in Austin, Texas this month.

Third successive rise in world economic climate index
Paris, 22 May 2006 Increasingly positive assessments of the general economic situation have resulted in another rise in the world economic climate index, according to the second quarter results of the International Chamber of Commerce (ICC)/Ifo World Economic Survey, released today.

ICC welcomes Internet Governance Forum advisory group
Paris, 18 May 2006 The International Chamber of Commerce commends the selection of the Internet Governance Forum's multistakeholder advisory group, whose members were announced today by the United Nations Secretary General.

ICC to wrap up new documentary credit rules this year
Paris, 16 May 2006 The ICC Banking Commission is working toward final approval of a revision to UCP 500, ICC's universally used rules on documentary credits. Three years in preparation, the revision, which may be completed as early as October, will contain major changes to rules which govern billions of dollars in letter of credit transactions each year.

World Business Awards presented
New York, 10 May 2006 Mary Robinson, former President of Ireland and current Chair of The Ethical Globalization Initiative, honoured ten business-sponsored projects with World Business Awards at an event in New York City today.

Israeli business leaders meet with ICC Secretary General
Paris, 5 May 2006 Israeli business leaders shared their views with ICC Secretary General Guy Sebban when he visited Tel Aviv last week. During their meetings the group exchanged perspectives on trade, the information society, enforcement of intellectual property rights and many other current topics.

World Business Award winners announced
Paris, 2 May 2006 The 10 recipients of the World Business Awards, which showcase the best practices of the business sector in alleviating poverty and boosting development to reach the Millennium Development Goals (MDGs), were announced today by the International Chamber of Commerce.

Doha Round: ICC CEOs pen op-ed in Wall Street Journal
Paris, 27 April 2006 At the initiative of the International Chamber of Commerce, six CEOs of major corporations hailing from different parts of the globe write in today’s Wall Street Journal Europe that, despite numerous setbacks, it remains feasible to bring the Doha Round of multilateral trade negotiations to a successful conclusion.

ICC meets EU trade chief as Doha deadline slips
Paris, 26 April 2006 ICC Chairman Marcus Wallenberg met in Brussels with the European Union's Trade Commissioner, Peter Mandelson, shortly after confirmation that the Doha Round trade negotiations would miss an important end-April deadline to agree on procedures for liberalizing agricultural and industrial trade.

ICC hosts conference on film distribution and piracy in Cannes
Paris, 19 April 2006 As the A-list movie stars sashay down the carpet at this year's Cannes Film Festival, a gathering of film industry experts will turn the spotlight in an altogether different direction, confronting some of the industry's most worrying issues surrounding film distribution, new technology and piracy.

What one needs to know about intellectual property issues today
Paris, 19 April 2006 To help decisionmakers from all areas of society navigate and understand intellectual property issues better, the International Chamber of Commerce has published a new roadmap.

ICC Secretary General tells Finnish leaders that WTO trade talks must succeed
Helsinki, 7 April 2006 The Doha Round of trade negotiations, energy security, improving conditions for international investment and fostering innovation topped the list of issues raised by ICC Secretary General Guy Sebban at meetings with Finnish business leaders and politicians yesterday.

ICC Secretary General receives warm welcome in Spain
Paris, 5 April 2006 Global energy security, foreign investment and trade, particularly the advancement of the Doha Round of trade negotiations, were the focus of discussions when ICC Secretary General Guy Sebban arrived in Madrid and Barcelona last week.

Get the lowdown on letters of credit
Paris, 3 April 2006 Published yearly since 1992, ICC's product of the month for April - Annual Survey of Letter of Credit Law & Practice - is an indispensable tool for leading letter of credit (LC) specialists.

ICC to host conference on international tax disputes
Paris, 31 March 2006 Using arbitration to resolve international tax disputes is fast gaining ground, sparking many questions concerning the implementation of this dispute settlement technique.

Business echoes Lamy; calls for agreement on Doha trade talks by year-end
Paris, 29 March 2006 The International Chamber of Commerce today gave its full support to the statements made yesterday by Pascal Lamy, director-general of the World Trade Organization, saying time was running out on the Doha Round of trade negotiations and stressing the critical need for WTO members to meet the end-April deadline for accords vital to an eventual global trade treaty by the end of the year.

2006 World Business Awards recipients chosen
Paris, 29 March 2006 Ten business-driven projects from countries as diverse as Mozambique, Turkey and Mexico have been selected to receive World Business Awards − the first worldwide business awards to recognize the significant role business can play in reducing poverty around the world.

ICC Secretary General addresses Arab regional meeting
Paris, 28 March 2006 Full of potential and vital to many areas of ICC work is how ICC Secretary General Guy Sebban recently described the Arab region and ICC members located there.

UNIDROIT Principles: New Developments and Applications
Paris, 1 March 2006 ICC product of the month, UNIDROIT Principles: New Developments and Applications contains articles by international contract specialists analyzing and assessing several new topics.

Business opposes airline ticket tax
Paris, 24 February 2006 The International Chamber of Commerce today condemned proposals for a tax on airline tickets to raise funds for development aid and said there are better ways for business and government to help lift people out of poverty.

Using IP to fight poverty
Paris, 24 February 2006 A pilot television drama aimed at educating young Nigerians about HIV and AIDS was screened for the first time to delegates attending World Intellectual Property Organization talks in Geneva this week.

Rising oil prices spur greater energy efficiency in companies
Paris, 21 February 2006 Rising oil prices, along with terrorism and the huge US account deficit, are the greatest threats to the global economy according to the findings of the International Chamber of Commerce/Ifo World Economic Survey released today.

Survey shows clear recovery trend for world economy
Paris, 21 February 2006 The world economic climate continued its recovery course with stronger momentum than last year and expectations for the next six months are high, according to the results of the latest International Chamber of Commerce/Ifo World Economic Survey, released today.

Business faces energy challenge
Dubai, 9 February 2006 ICC has urged environment ministers from more than 100 countries to develop long-term energy policy that involves business in finding solutions to problems such as climate change and the lack of access to affordable energy.

US Conference to delve into ICC dispute resolution services
Paris, 3 February 2006 Providing an informed understanding of arbitration and other means of international dispute resolution under the Rules of the ICC International Court of Arbitration is the objective of a three-day conference the Court is holding in Charleston, South Carolina in March.

Three best-selling titles now available as eBooks
Paris, 1 February 2006 Since the service was launched in Spring 2004, ICC eBooks have become increasingly popular. February sees the addition of three best-selling titles to the collection.

Nominations are in for business awards
Paris, 31 January 2006 More than 70 nominations have been received from over 30 countries for the 2006 World Business Awards in support of the Millennium Development Goals, following the closing deadline in January.

Iraq declared new piracy hotspot
London, 31 January 2006 Iraq has been cited as a new world piracy hotspot in the 2005 Annual Report on Piracy and Armed Robbery released by the International Chamber of Commerce’s International Maritime Bureau.

ICC documentary credits newsletter celebrates 12th anniversary
Paris, 30 January 2006 DCInsight, ICC’s authoritative quarterly newsletter on documentary credits, today marked its 12th anniversary with a 24-page issue devoted largely to the revision of UCP 500, ICC’s universally used rules on letters of credit.

CEOs urge EU to step up fight against fakes
Paris, 27 January 2006 In a letter to European Union Commission President José Manuel Barroso, the Chairmen/CEOs of international companies who head up ICC’s BASCAP (Business Action to Stop Counterfeiting and Piracy) project have said that fighting the counterfeiting of intellectual property and product piracy is one of the most critical steps the European Union can take to increase economic competitiveness.

Greater collaboration key to fighting counterfeiting and piracy says ICC Secretary General
Amsterdam, 25 January 2006 ICC Secretary General Guy Sebban today called for greater private sector engagement with law enforcement agencies in the fight against product counterfeiting and piracy.

Somali pirates detained by US navy
Paris, 24 January 2006 Acting on a report from the International Maritime Bureau’s Kuala Lumpur based Piracy Reporting Centre, the US navy has intercepted and apprehended a band of suspected pirates off the central eastern coast of Somalia.

ICC inaugurates international mediation competition
Paris, 18 January 2006 Students from law schools in different parts of the world gathered in Paris this weekend for the first ever international commercial mediation competition, organized by ICC with the participation of leading mediation professionals.

Self-regulation works: ICC plans consolidated global marketing code
New York, 17 January 2006 In the context of a fast-changing media landscape for marketers and advertisers, the International Chamber of Commerce held a series of meetings in New York last week to address challenges to self-regulation.

ICC Court begins new term
Paris, 6 January 2006 The ICC International Court of Arbitration has begun a new three-year term with 122 members from 86 countries throughout the world.

World Business Awards deadline extended
Paris, 4 January 2006 With the nomination deadline extended to 20 January 2006, companies and business associations around the world have an extra few weeks to enter projects for the 2006 World Business Awards in support of the Millennium Development Goals.

ICC Bookstore product of the month: Handbook of ICC Arbitration
Paris, 3 January 2006 This month’s product of the month from the ICC Business Bookstore is the new Handbook of ICC Arbitration, a practical, rule-by-rule guide to the International Chamber of Commerce (ICC) Rules of Arbitration.

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