News2019-07-25T10:08:53+02:00

Business applauds G7 Digital Trade Principles on free flow of data with trust

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

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Business calls for immediate and definite action on cybersecurity

6 January 2022 In this guest blog, Rene Summer, Lead of the ICC Global Digital Economy Commission Working Group on Cybersecurity underscores the private sector call on governments to make cybersecurity everyone’s business saying there is no time to wait. On 17 December, the United Nations Open-Ended Working Group on security of and in the use of Information anc communication technologies (ICTs) wrapped up the first substantive meeting of its five-year mandate to further develop the rules, norms and principles of responsible behaviour of states

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ICC Dispute Resolution in 2021: Our year in review

20 December 2021 We’re wrapping up another ground-breaking year in dispute resolution with a look back at our key achievements – from being named the world’s preferred arbitral institution to taking new diversity and inclusion initiatives. 1. Receiving record Arbitration and ADR case filings  In January, ICC announced record case filings for its arbitration and ADR services, recording a total of 946 new arbitration cases in 2020. Revised ICC Rules of Arbitration entered into force on 1 January 2021, along with updates to the ICC

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ICC forms Legal Reform Advisory Board to support digital standards initiative

15 December 2021 ICC has today announced the formation of a new Legal Reform Advisory Board (LRAB) to support the legal harmonisation efforts of the ICC Digital Standards Initiative. As part of our drive to promote inclusion and create opportunity for all parties involved in the international supply chain, the International Chamber of Commerce (ICC) launched the Digital Standards Initiative (DSI) in 2020 in partnership with the Asian Development Bank (ADB) and the Government of Singapore, with the vision to establish a globally harmonized, digitalised trade environment.

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Trade rules slowing transition to circular economy, says ICC report

14 December 2021 A major independent report published today by ICC spotlights the need for a significant overhaul of global trade rules if governments are to meet their stated aim of accelerating the adoption of circular business models. A major independent report published today by ICC spotlights the need for a significant overhaul of global trade rules if governments are to meet their stated aim of accelerating the adoption of circular business models. The study – The Circular Economy and International Trade: Options for the World

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ICC issues new guidance on environmental claims in marketing and advertising

6 December 2021 ICC has published updated guidance for responsible environmental marketing communications to help marketers and advertisers make truthful and useful environmental claims. As consumers become more interested in the environmental footprint of the products they buy, the updated ICC Framework for Responsible Environmental Marketing Communications (the “ICC Framework”) helps marketers evaluate environmental communications to maintain consumer confidence in these claims. The ICC Framework helps marketers craft environmental messages that adhere to the basic global principles of truthful, honest and socially responsible communications. The

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