ICC News

26 November 2019 The International Chamber of Commerce (ICC) will join world leaders at the 25th United Nations Climate Change Conference (COP 25) to advocate for higher climate ambition. As the United Nations Framework Convention on Climate Change (UNFCCC) Focal Point for Business and Industry, ICC will be at COP25 in Madrid from 2-13 December as the official voice of business throughout the negotiations. Working with policymakers, business leaders and all stakeholders to ICC will advocate for policy frameworks that address the urgent need to keep the global temperature increase below 1.5°C and transition to an inclusive and sustainable net-zero emissions future.

19 November 2019 Ahead of the 2019 United Nations (UN) Business and Human Rights Forum, the International Chamber of Commerce (ICC) is reaffirming its longstanding commitment to the the United Nations’ Guiding Principles on Business and Human Rights (UNGPs). At this year’s UN Business and Human Rights Forum in Geneva on 25-27 November, ICC will join participants from government, business and civil society to establish a constructive approach for advancing human rights. Despite calls for a treaty-based approach, ICC remains convinced that the UNGPs are the best way forward in advancing shared government and business responsibilities to protect human rights. What are the

15 November 2019 China has announced it will begin accepting ATA Carnets for the temporary admission of goods for sport purposes as of 1 January 2020. The expansion has been made under national law, according to a notification from the General Administration of Customs of China and the World Customs Organization (WCO). China has announced it will begin accepting ATA Carnets for the temporary admission of goods for sport purposes as of 1 January 2020. The expansion has been made under national law, according to a notification from the General Administration of Customs of China and the World Customs Organization (WCO).

14 November 2019 These 7 ICC publications provide essential background reading for next month’s COP25 climate negotiations in Madrid. You’ve changed your travel destination from Santiago to Madrid but in preparation for next month’s climate change negotiations (COP25), have you read these seven papers highlighting ICC positions and activities on behalf of business everywhere? 1. The road to COP25 ICC has been promoting sustainable business for more than 40 years. This overview brochure takes us on a journey highlighting significant milestones on the road to COP25 and outlines what is needed to achieve climate goals that ensure a better future for

12 November 2019 Download the official Incoterms® 2020 app today to access Incoterms® 2020 on the go! Staying digitally connected to the business tools we use daily is more important than ever – especially for those working across borders. To help, ICC has unveiled the Incoterms® 2020 app, providing importers and exporters with digital access to keep up to date with the Incoterms® 2020 rules anytime, anywhere. The pioneering tool is the only official Incoterms® rules app and offers quick and easy access to essential news and information directly from ICC, the creators of the rules. The app has already received 10,000

7 November 2019 ICC and blockchain provider, Perlin, will pilot ICC TradeFlow, a blockchain platform aimed at simplifying the trade documentation process for all. ICC has joined DBS Bank, Trafigura, Infocomm Media Development Authority (IMDA), Enterprise Singapore, and Perlin to launch ICC TradeFlow, a pioneering blockchain platform designed to streamline trade processes for business. ICC TradeFlow will allow businesses to visually map out trade flows, issue instructions to partners, and analyse trade actions in real time. On the platform, businesses can upload, verify, and modify trade documents, as well as act upon instructions from trading partners. Other components of the platform

5 November 2019 Business for Nature, a coalition of global organisations and businesses that includes the International Chamber of Commerce (ICC), has launched an important consultation survey on nature. Today, during Natural Capital Week, Business for Nature, a global coalition of influential organisations and forward-thinking businesses, has launched an important business consultation survey that will run until November 30. The survey gives businesses of all sectors, sizes and geographies the chance to contribute their experience and expertise to the policy recommendations that Business for Nature will take to governments at key events in 2020, creating a strong united business voice calling for

15 October 2019 The International Chamber of Commerce International Maritime Bureau’s (IMB) report for the third quarter of 2019 demonstrates fewer incidents of piracy and armed robbery against ships than the first nine months of 2018. 119 incidents of Piracy and Armed Robbery Against Ships have been reported to the IMB Piracy Reporting Centre (IMB PRC) in 2019, compared to 156 incidents for the same period in 2018. Overall, the 2019 incidents include 95 vessels boarded, 10 vessels fired upon, 10 attempted attacks, and four vessels hijacked. The number of crew taken hostage through the first nine months has declined from

9 October 2019 Recognising the challenges, criticism and unprecedented pressure faced by the World Trade Organization (WTO) system, ICC has unveiled a groundbreaking set of recommendations to guide the future of international trade. The ICC recommendations ‘Reforming the Multilateral Rules-Based Trading System: The outcomes we want for people and planet,’ provide an outcomes-based approach to reforming international trade with the overriding objective of making trade work for people and planet. Despite current global trade tensions, ICC’s recommendations affirm the importance of multilateral trade and the WTO system. While the pillars of today’s multilateral trade system have reached their limits, ICC believes that a

7 October 2019 ICC has been named an authorised institution under China-Hong Kong arrangement on interim relief, making ICC Arbitration even more appealing to Chinese parties. The Asia Office (Hong Kong) of the International Chamber of Commerce (ICC) International Court of Arbitration has been confirmed by the Supreme People’s Court of the People’s Republic of China (PRC) and the Hong Kong SAR Government as a qualified institution for the purposes of the Arrangement concerning Mutual Assistance in Court-ordered Interim Measures in Aid of Arbitral Proceedings by the Courts of the Mainland and of the HKSAR (“Arrangement”). The announcement was made on