These are our latest news


10 ways to use trade to Save our SMEs

7 May 2020 ICC has issued 10 recommendations for how governments can use trade to help micro-, small- and medium-sized businesses (MSMEs) weather the COVID-19 storm. Underscoring the vital role can trade play in helping small business stay afloat and driving a rapid economic recovery, the 10 ways for governments to use trade to Save our SMEs statement calls on governments to take urgent action to Save Our SMEs. It comprises recommendations for an immediate response to limit the damage caused by the COVID-19 pandemic and short- to

ICC News|

ICC Trade Register Report reveals potential impact of COVID-19 on trade

6 May 2020 ICC Trade Register reflects on the impact of COVID-19 on global trade, while affirming trade finance’s decade-long low-risk profile.  Highlights In 2019, global trade flows declined 2% from US$ 18.5 trillion to US$ 18.1 trillion, underpinning a trade finance revenue pool of US$ 46 billion. ICC Trade Register data confirms default rates from 2008-2018 are low across all products and regions surveyed. The report can be used as a reference point for policymakers when considering how to support trade and trade financing

ICC News|

ICC and International SOS launch app for digital verification of COVID-19 compliance status

6 May 2020 ICC has partnered with International SOS, the world’s largest medical and security services firm, to launch the new ICC AOKpass mobile app, to provide trusted recognition of individuals’ COVID-19 compliance status. Co-developed by Singapore-based startups AOKpass and Perlin, the app will allow consumers, workers and businesses to more safely and quickly resume commercial activity in the context of the COVID-19 pandemic. At all times, users maintain full control over their medical information, which is stored securely and privately only on their device. Development of ICC

ICC News|

ICC issues guide to help MSMEs minimise COVID-19 cyber security risks

5 May 2020 What steps can micro-, small- and medium-sized enterprises (MSMEs) take to protect their business from cybercriminals looking to take advantage of increased online operations as a result of COVID-19? A new ICC paper, published today, highlights the increased risk to MSMEs of cyber-attacks due to the COVID-19 crisis and sets out concrete steps that can be taken to enhance the security of their operations and workers. Published as part of a range of resources and tools aiming to help small businesses navigate

ICC News|

Save lives. Save livelihoods. Save Our SMEs.

30 April 2020 As COVID-19 continues to threaten lives and livelihoods, action is needed from governments, private sector leaders and international institutions to ensure the continued viability of our MSMEs. ICC has launched a one-stop shop for policy recommendations, resources and support to Save Our SMEs (SOS). The new portal launched today as part of a global campaign to #SaveOurSMEs, which aims to keep micro-, small, and medium-sized enterprises (MSMEs) afloat during the COVID-19 crisis and support their rapid recovery post-pandemic. Some of the most

ICC News|

ICC and WCO call for customs and trade facilitation action

27 April 2020 ICC and the World Customs Organization (WCO) have issued a joint statement calling for increased action on customs and trade facilitation to ensure an effective response to the COVID-19 pandemic. In a joint statement, issued today, ICC Secretary General John W.H. Denton AO and WCO Secretary General Kunio Mikuriya say effective trade facilitation – based on international standards – will play a central role in enabling business continuity and renewed economic growth. The statement calls for a coordinated customs response to the

ICC News|