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ICC endorses new report presenting case for carbon pricing to address industrial competitiveness
23 September 2019 A new report, endorsed by the International Chamber of Commerce (ICC) finds that concerns about industrial competitiveness can be addressed through strong carbon pricing policies. The new report published by the High-Level Commission on Carbon Pricing and Competitiveness calls on industry peers and governments to adopt strong carbon pricing policies. As more businesses develop low-carbon strategies, supportive government policies can act in tandem to unlock economic opportunities and manage competitiveness concerns. ICC and several member companies are among the leading companies and organisations that
4 reasons to download the new ICC DRS app
18 September 2019 The International Chamber of Commerce (ICC) is taking its leading dispute resolution services digital with the launch of a brand-new mobile application. The ICC Dispute Resolution Services (DRS) app is the official tool for dispute resolution and business professionals to access rules and information from both ICC’s International Court of Arbitration and Centre for ADR. While your phone may be full of apps, here are four good reasons to download our ICC DRS app today. Get ICC’s essential resources anytime, anywhere Getting
ICC draws line in sand on customs duties on digital trade
17 September 2019 ICC has today published a landmark paper calling on World Trade Organization (WTO) Members to permanently prohibit the imposition of tariffs on cross-border data flows – as the deadline for renewal of a longstanding moratorium on the application of customs duties on electronic transmissions looms large. The business case for a permanent prohibition on customs duties on electronic transmissions – part of a series on various aspects of the WTO plurilateral Joint Statement Initiative on Electronic Commerce (JSI) – is the first of
ICC warns of risk to MSME growth posed by complex indirect tax regimes
11 September 2019 ICC has published an inaugural issues brief on World Trade Organization negotiations on the trade-related aspects of e-commerce. The issues brief – the product of extensive consultation with businesses across a range of sectors participating in or affected by the digital economy – will form part of a series of briefs by ICC to assist WTO Member States in their plurilateral negotiations in Geneva. The negotiations, now involving 80 Member States, seek to achieve a high standard outcome that builds on existing
International Chamber of Commerce (ICC) releases Incoterms® 2020
Paris, FRANCE, 10 September 2019 International Chamber of Commerce (ICC) releases Incoterms® 2020 The International Chamber of Commerce (ICC) has released Incoterms® 2020, globally recognised trade terms for the sale of goods, providing certainty and clarity to business and traders everywhere. The Incoterms® rules were first introduced by ICC in 1936 to establish commonly accepted defintions and rules to related to the sale of goods between trading parners worldwide. Since then, ICC has periodically revised the Incoterms® rules to reflect changes in the international trade
Supply Chain Finance: major challenges banks face in delivering supply chain finance solutions
29 August 2019: The International Chamber of Commerce (ICC) Banking Commission’s latest edition of its Global Survey on Trade Finance provides an authoritative review on global trade finance trends based upon interviews from over 300 banks in over 90 countries. Brendan du Preez, Head of Supply Chain Finance, Group Trade, Standard Bank In this ICC guest blog, Brendan du Preez, Head of Open Account and Supply Chain Finance and West Africa Trade, Group Trade, Standard Bank, discusses some of the challenges facing banks today, as