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ICC statement on Russia–Ukraine conflict

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

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ICC launches new report reflecting how tech is changing the face of arbitration

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

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Future International Trade Alliance launched

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

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ICC amicus curiae brief to provide guidance to the US Supreme Court

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.

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How certificates of origin stimulate global trade

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,

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ICC unveils preliminary dispute resolution figures for 2021

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,

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