The Singapore Ministry of Law (MinLaw) and the International Court of Arbitration of the International Chamber of Commerce (ICC) announced today that the ICC Court will set up a case management office in Singapore—aimed at boosting arbitration and serving the dispute resolution needs of businesses around the world. Singapore, 28 June 2017 MinLaw and [...]
Today is the first-ever Micro-, Small- and Medium-sized Enterprises Day – a designation made by the United Nations General Assembly earlier this year to recognise the crucial role that MSMEs will play in achieving the 2030 Agenda for Sustainable Development. Paris, 27 June 2017 At the International Chamber of Commerce, every day is a [...]
Over the past 80 years, the ICC Code has played a key role in providing principles that help build trust with consumers—assuring them of advertising that is honest, legal, decent and truthful.
Many initiatives have highlighted the ways technology can be leveraged for sustainable economic development. The Internet accounts for a significant and growing portion of global GDP and governments continue to grapple with policy options to ensure benefits are wide-spread and empower local populations. Geneva, 12 June 2017 In pursuit of the United Nations Sustainable [...]
While the OECD Tax agreement makes clear progress in many areas, there is still some work to be done to achieve practical and workable dispute resolution methods.
Here are five ways that counterfeiting hurts society and what we can do about it.
According to ICC figures, of 1,411 arbitrators appointed in 2016, 209 were women, compared with 136 of 1,313 total arbitrators in 2015. This means that in 2016, ICC not only increased the number of total arbitrators appointed by 98 but of those 73 were women. Figures for 2016 also reveal that the 209 women arbitrators appointed represented 47 nationalities.
The International Chamber of Commerce (ICC) has welcomed official recognition of the estimated US$1.6 trillion trade financing gap in the United Nations’ (UN) annual Financing for Development (FfD) review. New York, 24 May 2017 In an intergovernmental text issued today, the UN underscores the importance of ensuring adequate and cost-effective trade financing for small [...]
Short-term financing is an essential tool to support the small business growth and sustainability, yet a growing trade finance shortfall hurts companies and countries that need it the most. Paris, 22 May 2017 World trade relies heavily on reliable sources of financing—both long-term (for capital investments) and short-term. The latter—commonly referred to as “trade finance”—is [...]
Local chambers in Italy, Norway, Poland, the United States and the United Arab Emirates have become the latest members of the International Certificate of Origin (CO) Accreditation Chain. Paris, 16 May 2017 The announcement was made during an International CO Council meeting of more than 45 CO experts from 31 countries which took place [...]
Shipping goods across borders with reusable containers and tracking systems is better for the environment, consumers and companies yet differential treatment by customs authorities can be detrimental for business. Paris, 12 May 2017 The volume of goods shipped globally has reached impressive proportions in recent decades. Goods moved annually by ship alone weigh more [...]
Hosted by the International Chamber of Commerce (ICC), the International Bar Association (IBA) and the World Bank Group have joined forces for the first time to co-host a major forum looking at new trends in global competition policy which gets underway today in the Portuguese city Porto. Porto, Portugal, 9 May 2017 The conference [...]