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15 March 2022 The International Chamber of Commerce and the World Trade Organization have today published the first-ever toolkit to help companies and government agencies adopt available standards to accelerate the digitalisation of trade processes. Drawing on stakeholder consultations through ICC’s Digital Standards Initiative over the past year, the report emphasises that one of the primary barriers to the adoption of paperless processes is a lack of awareness of existing standards for digital trade. Currently, fewer than 1% of trade documents are fully digitised globally – with a typical transaction requiring the exchange of 36 documents and 240 copies in hard-copy.

25 February 2022 ICC has unveiled the newest contribution to its tools to help business stamp out corruption: the 2022 edition of the ICC Whistleblowing Guidelines. Providing practical guidance to help enterprises establish and implement a Whistleblowing Management System, the guidelines are an update of the ICC Guidelines on Whistleblowing published in 2008, incorporating current experience and practice of ICC member enterprises across a wide range of sectors and jurisdictions worldwide. The 2022 edition also aligns with key international legal instruments as well as global standards and best practice such as the 2021 ISO 37002 Guidelines on Whistleblowing Management Systems and the 2019 European

24 February 2022 The ICC Centre of Entrepreneurship (CoE) and the World Intellectual Property Organization (WIPO) have announced a partnership to help entrepreneurs navigate intellectual property (IP) regulation and better manage their intangible assets. The partnership includes work to promote an IP self-assessment tool and to host workshops and seminars to train entrepreneurs on how to manage their creative assets, the results of their research and development, and their brands and trade secrets. WIPO IP Diagnostics Tool Developed by WIPO’s IP for Business team, the WIPO IP Diagnostics Tool is an intellectual property (IP) self-assessment tool. Developed as a practical instrument, the Tool

24 February 2022 Following the Russian incursion into Ukraine on 24 February, ICC has issued the following statement on behalf of the global business community. ICC Secretary General John W.H. Denton AO said: “As an organisation founded to promote peace and prosperity by advancing international trade and the rule of law, we condemn Russia’s breach of international law in the strongest possible terms. We call on Russia to immediately cease military action, withdraw its forces from Ukraine and revert to diplomatic means. “Russia’s invasion of Ukraine will undoubtedly have significant repercussions for global supply chains in the weeks and months ahead.

18 February 2022 ICC has launched a new report to aid tribunals, arbitrators, counsel, and parties in leveraging technology for fair, effective, and efficient international arbitration proceedings. As a response to COVID-19, today’s business landscape is being reshaped by technological acceleration, making it essential that the arbitration community assess how they can best utilize digital tools and solutions to meet today’s challenges and future demands on dispute resolution. Seeing this need, ICC’s Arbitration and ADR Commission set out to update the 2017 edition of their report on information technology (IT) in international arbitration; however, ultimately produced an entirely new resource due to the sudden

15 February 2022 ICC, DCSA, BIMCO, FIATA and SWIFT have launched the Future International Trade Alliance and signed a memorandum of understanding to standardise digitalisation of international trade. Together, the industry associations will collaborate on the development and adoption of relevant standards to facilitate the use of electronic bills of lading. Established to further digitalisation of container shipping technology standards, Digital Container Shipping Association (DCSA) – a neutral, non-profit group – in conjunction with its nine member carriers, today announced the formation of the Future International Trade (FIT) Alliance with the signing of a memorandum of understanding (MOU) between DCSA, ICC,

31 January 2022 ICC has submitted an amicus curiae brief to provide guidance to the United States Supreme Court regarding a decision it will take that may lead to policy and practical implications on the conduct of international arbitrations worldwide. The brief is jointly submitted by ICC and the United States Council for International Business (USCIB), which operates ICC’s national committee in the United States (ICC USA). On 10 December 2021, the United States Supreme Court agreed to hear two cases – ZF Automotive US, Inc. v. Luxshare, Ltd. and AlixPartners, LLP, et al. v. The Fund for Protection of Investors’ Rights in Foreign

28 January 2022 This week, we’re taking a look at how certificates of origin are used to support the movement of goods across borders with a success story in the Asia-Pacific. As the global trade environment becomes more complicated and new rules and regulations emerge, the role of customs is becoming critical. By verifying compliance with origin-related requirements, customs authorities can protect against the diversion or transhipments of shipments that may pose risks or impede free trade agreements due to tariffs or other duties. On 1 January, the Regional Comprehensive Economic Partnership (RCEP) came into effect. The new trade agreement aims to create

26 January 2022 Preliminary 2021 statistics released today by ICC Dispute Resolution Services reveal a great demand for ICC Arbitration and ADR as well as a steep rise of amounts in dispute in new cases. In 2021, the Secretariat of the ICC International Court of Arbitration registered 853 new cases in total, comprising 840 cases filed under the ICC Arbitration Rules and 13 under the Rules of ICC as Appointing Authority. The number is comparable but lower than the record number of filings reported in 2020. In addition, the Secretariat received 27 requests under the ICC Emergency Arbitrator Provisions, a procedure for urgent interim or

11 January 2022 In this guest post, Carolyn Nguyen, Jakob Greiner and Makoto Yokozawa underscore how establishing trust and minimising disruptions in data flows are fundamental to reaping the benefits of digitalisation. “To harness the opportunities of the digital economy and support the trade of goods and services, data should be able to flow freely across borders with trust, including the trust of individuals and businesses,” opens the Data free flow with trust chapter of the Digital Trade Principles agreed by the G7 countries at the G7 Trade Track on 22 October 2021. We strongly support this sentiment and the clear call to action