ICC News

1 October 2019 The United Nation General Assembly (UNGA) high-level week took place from 23-27 September in New York, setting the global agenda on an array of global issues, from peace and security to sustainability and finance. Led by ICC Secretary General John W.H. Denton AO and ICC Chair Paul Polman, ICC was actively involved in a number of high-level meetings on financing, health coverage and small island developing states as the institutional representative of 45 million companies in over 100 countries. Our message throughout the week was clear: The imperative of sustainable development calls for greater ambition by world leaders

30 September 2019 ICC Secretary General John W.H. Denton AO has joined the Board of Generation Unlimited (GenU) – a major global initiative to empower young people worldwide through education, skills training, employment and entrepreneurship opportunities. Generation Unlimited is co-chaired by Secretary General of the United Nations Antonio Guterres, President of the Republic of Rwanda Paul Kagame, and President of Trinidad and Tobago Paula Mae Weekes. The board comprises a growing list of over 60 partners from government, the private sector, multilateral organisations, civil society and young leaders from around the world. They include Alan Jope, CEO of Unilever, Ambassador Michael Froman,

27 September 2019 ICC has received the 2019 Compliance and Ethics Award, bestowed by the Society of Corporate Compliance and Ethics (SCCE) for the past 15 years in recognition of those who have made a significant contribution in the field of compliance and ethics. The award recognises ICC work in promoting free and competitive markets globally – including engagement with businesses and antitrust agencies around the world to integrate ethics and compliance considerations into business operations. John W. H. Denton AO, ICC Secretary General, and Chris Southworth, ICC United Kingdom Secretary General both thanked the SCCE for the honour. Robert Bond,

26 September 2019 Organised today on the sidelines of the inaugural SDG Summit, the fourth annual SDG Business Forum convened business, government, civil society and the United Nations to discuss concrete solutions to move from commitments to action to deliver on the Global Goals. Co-hosted by the International Chamber of Commerce (ICC), the United Nations Department of Economic and Social Affairs (UN DESA), and the United Nations Global Compact, the Forum —— gathered nearly 600 stakeholders to dive deep into sustainable financing, the future of business and scaling ambition for a sustainable world. In her keynote address, Amina J. Mohamed, Deputy

23 September 2019 A new report, endorsed by the International Chamber of Commerce (ICC) finds that concerns about industrial competitiveness can be addressed through strong carbon pricing policies. The new report published by the High-Level Commission on Carbon Pricing and Competitiveness calls on industry peers and governments to adopt strong carbon pricing policies. As more businesses develop low-carbon strategies, supportive government policies can act in tandem to unlock economic opportunities and manage competitiveness concerns. ICC and several member companies are among the leading companies and organisations that have endorsed the report’s key findings and join joined the Commission—which comprises CEOs and senior executives

18 September 2019 The International Chamber of Commerce (ICC) is taking its leading dispute resolution services digital with the launch of a brand-new mobile application. The ICC Dispute Resolution Services (DRS) app is the official tool for dispute resolution and business professionals to access rules and information from both ICC’s International Court of Arbitration and Centre for ADR. While your phone may be full of apps, here are four good reasons to download our ICC DRS app today. Get ICC’s essential resources anytime, anywhere Getting ready to jump on a plane or head into a hearing? You can now access ICC’s

17 September 2019 ICC has today published a landmark paper calling on World Trade Organization (WTO) Members to permanently prohibit the imposition of tariffs on cross-border data flows – as the deadline for renewal of a longstanding moratorium on the application of customs duties on electronic transmissions looms large. The business case for a permanent prohibition on customs duties on electronic transmissions – part of a series on various aspects of the WTO plurilateral Joint Statement Initiative on Electronic Commerce (JSI) – is the first of its kind to fully articulate the concerns of global business following recent indications by some states

11 September 2019 ICC has published an inaugural issues brief on World Trade Organization negotiations on the trade-related aspects of e-commerce. The issues brief – the product of extensive consultation with businesses across a range of sectors participating in or affected by the digital economy – will form part of a series of briefs by ICC to assist WTO Member States in their plurilateral negotiations in Geneva. The negotiations, now involving 80 Member States, seek to achieve a high standard outcome that builds on existing WTO agreements and frameworks. The brief, Taxation of Physical Goods in the Context of E-commerce: Avoiding Non-tariff

Paris, FRANCE, 10 September 2019 International Chamber of Commerce (ICC) releases Incoterms® 2020 The International Chamber of Commerce (ICC) has released Incoterms® 2020, globally recognised trade terms for the sale of goods, providing certainty and clarity to business and traders everywhere. The Incoterms® rules were first introduced by ICC in 1936 to establish commonly accepted defintions and rules to related to the sale of goods between trading parners worldwide. Since then, ICC has periodically revised the Incoterms® rules to reflect changes in the international trade system. More accessible and easier to use, Incoterms® 2020 includes more detailed explanatory notes with enhanced

29 August 2019: The International Chamber of Commerce (ICC) Banking Commission’s latest edition of its Global Survey on Trade Finance provides an authoritative review on global trade finance trends based upon interviews from over 300 banks in over 90 countries. Brendan du Preez, Head of Supply Chain Finance, Group Trade, Standard Bank In this ICC guest blog, Brendan du Preez, Head of Open Account and Supply Chain Finance and West Africa Trade, Group Trade, Standard Bank, discusses some of the challenges facing banks today, as well as future opportunities to aligning trade finance practices in the future. Compliance Compliance challenges in