World business millennium Congress set for BudapestWorld business millennium Congress set for Budapest

 
 
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World business millennium Congress set for Budapest

Paris, 6 April 1998 - The International Chamber of Commerce, the world business organization, has decided to hold its World Congress in Budapest in the year 2000.

The ICC Council voted unanimously to accept ICC Hungary's offer to host the Congress. The Council represents thousands of member companies and business associations in more than 130 countries.

The 33rd ICC World Congress will bring together hundreds of top executives from all parts of the world for two days of debate on major global and regional business and economic issues. They will be joined by government ministers from many countries, world-famous economists and senior officials of leading international organizations. The exact date of the Congress has yet to be fixed.

Dr Lajos Tolnay, President of ICC Hungary, said: "Budapest is the right choice for the World Congress that opens the next millennium because Hungary is spearheading the economic revitalization of the Central European states. The ICC Hungary National Committee supports the Hungarian business community by providing access to the mainstream of international business."

Maria Livanos Cattaui, Secretary General of ICC, commented: "By the year 2000 we expect Hungary to hav e further consolidated its position as one of the most dynamic economies in Central Europe and a real player in the global marketplace. This is why Budapest is our choice for the first ICC World Congress to be held in Central and Eastern Europe."

ICC Congresses are held in a different country every three years at the invitation of an ICC national committee. They are the supreme assembly of ICC, to which all member companies and organizations send senior representatives. The last Congress was in Shanghai in April last year on the theme "Asia in the Global Economy." Other recent Congresses were in Cancun (Mexico), Hamburg and New Delhi.

ICC Hungary was the ICC's first national committee in Central Europe when it was founded in May 1996. Hungarian business links with ICC have existed for many years. In 1991, the Association of Hungarian Chambers of Commerce became a direct member of the ICC, a special arrangement that allows companies in countries where there is no national committee to join the world business organization.

With 48 member companies and 13 policy commissions covering all main aspects of international business, ICC Hungary serves as a bridge between Hungarian companies and business associations and the wider world business community. Among recent initiatives was an international conference on Bank Guarantees and Banking Terms of Payment in Budapest last September.

ICC is the only representative body that speaks with authority on behalf of enterprises from all sectors in every part of the world. It promotes an open international trade and investment system and the market economy worldwide.

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