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Study shows vaccine nationalism could cost rich countries US$4.5 trillion

25 January 2021 New comprehensive economic modelling shows advanced economies stand to lose trillions of dollars through vaccine nationalism – more than previously thought Economic benefits of funding multilateral efforts to ensure equitable access to vaccines dwarf the costs Advanced economies with international linkages have the most to gain from global collaboration on vaccine access and distribution A new study commissioned by the ICC Research Foundation has found that the global economy stands to lose as much as $9.2 trillion if governments fail to ensure

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New ICC report takes bold move to tackle unreliability of witness testimony in arbitration

19 January 2021 ICC has launched a new report on the accuracy of fact witness memory in international arbitration. The report, which is the first of its kind conducted by an arbitral institution, analyses the psychological science of human memory, and offers arbitrators and counsel guidance to enhance the probative value of fact witness evidence The groundbreaking report, by the ICC Commission on Arbitration and ADR, was presented today during a live webinar. The ICC Task Force on Maximising the Probative Value of Witness Evidence – initiated

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ICC announces record 2020 caseloads in Arbitration and ADR

12 January 2021 The International Chamber of Commerce (ICC) has announced record requests in 2020 for its arbitration and ADR services. The world’s preferred arbitral institute, the ICC International Court of Arbitration recorded a total of 946 new arbitration cases in 2020 – the highest number of cases registered since 2016, when a complex cluster of small disputes effectuated a marked increase in the statistics. Of the 946 total registered cases, a record 929 were requested under the ICC Rules of Arbitration while 17 cases

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AdR and Alitalia begin digitalising negativity certificates with ICC AOKpass

5 January 2021 Aeroporti di Roma and Alitalia have today begun using ICC AOKpass in a pilot scheme to digitise Covid-19 rapid antigen test results, carried out at the airport. The testing will allow passengers bound for New York on Alitalia Covid-tested flights to present, upon boarding, a digital negativity certificate from a Covid-19 rapid antigen test, augmenting safety and saving time during travel procedures. In December, ICC announced the first ever use of a digital travel pass by a national immigration authority to verify the Covid-19

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8 ways ICC led dispute resolution in 2020

1 January 2021 In a challenging year, ICC remained steadfast in our commitment to bring our quality dispute resolution services closer to users worldwide. Here are 8 highlights from our ICC Dispute Resolution year… Announcing record figures and a major milestone ICC’s dispute resolution year got off to a flying start with the registration of our 25,000th arbitration case. In January, we also announced record figures for 2019 revealing a record 869 new cases involving parties originating from 147 countries and independent territories. President of

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10 ways ICC made business work in 2020

29 December 2020 In a year that put to the test ICC’s ability to mobilise business behind global challenges, our pioneering spirit shone through to ensure our global institution lived up to its reputation as the trusted voice of business on issues facing people and planet. We’re taking a look back at our ground-breaking year to wrap up just 10 ways in which we made business work for everyone, every day, everywhere. Saving lives and livelihoods – ICC acts against Covid-19 Before Covid-19 had a

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