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ICC launches high-level advisory group to prime trade finance to power COVID-19 recovery

3 September 2020 The International Chamber of Commerce (ICC), the institutional representative of 45 million businesses worldwide, has announced the creation of a new Advisory Group on Trade Finance (ATF) – a cross-sectoral coalition of leaders in global trade. The ATF – co-chaired by Victor K. Fung, Chairman of the Fung Group, and Marcus Wallenberg, Chair of SEB – will work to inform policy reforms and interventions to prime the trade credit ecosystem to power a rapid economic recovery from COVID-19. Despite impressive early actions taken by commercial

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World chambers report explores chamber of commerce response to COVID-19

2 September 2020 Dubai Chamber of Commerce and Industry with the support of ICC’s World Chambers Federation (WCF) has released a report on the preparedness of chambers of commerce to adapt their services in the face of COVID-19. Chambers of commerce, like businesses and governments, are experiencing new challenges and opportunities in the age of COVID-19. In recognition of the vital role that chambers of commerce play in their business communities, Dubai Chamber, with the support of ICC WCF, has published Chambers New Norm: Adapting Business Needs Report to understand how COVID-19 is

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ICC and World Travel and Tourism Council issue COVID-19 restart guide for the Travel & Tourism sector

28 August 2020 The International Chamber of Commerce (ICC) and the World Travel & Tourism Council (WTTC) have published a set of recommendations for safely re-opening customer facing businesses in the age of COVID-19. The COVID-19 pandemic has caused widespread disruptions to global supply chains and businesses of all sizes. The Travel & Tourism sector has been particularly impacted by the current pandemic due to travel restrictions, declining traveller confidence and reduced consumer demand. In recognition of the challenges faced by the travel and tourism

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ICC publishes model online business-to-consumer (B2C) conditions of sale for new online sellers

12 August 2020 With more and more businesses turning to online sales in the age of COVID-19, the International Chamber of Commerce (ICC) has published a set of model online business-to-consumer (B2C) conditions of sale, to be adapted by sellers for use on their consumer-facing websites. As a result of the economic and health consequences associated with COVID-19, goods are increasingly being sold online to consumers. At the same time, many businesses are shifting their operations virtually to comply with social distancing measures aimed at

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ICC, IOM launch COVID-19 guidance for the protection of migrants

10 August 2020 The International Chamber of Commerce (ICC) and the International Organization for Migration (IOM) release employer guidance for measures to protect migrants during COVID-19. Watch our video on the importance of migrant workers. Migrant workers are a crucial part of the global workforce, accounting for 3.5% of the world’s population, according to IOM. Worldwide, micro-, small-, and medium-sized enterprises (MSMEs), rely upon migrant workers, including sectors providing essential commodities and services, as well as industries hard-hit by COVID-19. As the economic and human

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Pilot test of ICC AOKpass announced successful

30 July 2020 International SOS and Singapore company Energy Drilling Management have announced a successful pilot of the ICC AOKpass mobile app. The use of the app provides trusted recognition of individuals’ COVID-19 compliance status from Singapore to Thailand. Following the pilot launch of ICC AOKpass in May – carried out with employees at the International SOS Singapore office – Energy Drilling worked with International SOS to test the app for a 10-strong crew needing to travel aboard an oil rig vessel to conduct drilling

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