In 1919, a handful of entrepreneurs decided to create an organization that would represent business everywhere. The group of industrialists, financiers and traders were determined to bring economic prosperity to a world that was still reeling from the devastation of World War I. They founded the International Chamber of Commerce and called themselves “the merchants of peace”.
ICC has remained a diligent advocate of the open multilateral trading system through successive trade rounds, including the Doha Round. As ICC membership included more and more countries in the developing world, the organization stepped up demands for the opening of world markets to their products, especially agriculture.
Today, the ICC commissions comprising experts from the private sector cover specialized fields of immediate concern to international business. Subjects range from banking techniques to taxation, from competition law to intellectual property rights, telecommunications and information technology, from transport, environment and energy to international investment and trade policy.
All these activities fulfil the pledge in ICC’s constitution “to further the development of an open world economy with the firm conviction that international commercial exchanges are conducive to both greater global prosperity and peace among nations.”