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ICC unveils new guidance on due process in global competition law enforcement proceedings
07/07/2017, Paris: ICC has released a set of best practices to promote effective procedural safeguards in competition law enforcement proceedings. The official launch follows an initial introduction of the best practices made at the Pre-International Competition Network (ICN) Forum on new trends in global competition policy, which took place last month. Drawing upon significant experience from business and antitrust experts around the world, the principles set forth in the ICC Best Practices aim to complement the ICC Recommended Framework for International Best Practices in Competition Law Enforcement
New report uncovers consequences of trade tariffs imposition
A new report launched today at the World Economic Forum in Davos, provides global policymakers with an evidence-based overview of the far-reaching economic and social consequences of trade tariffs. The report, commissioned by the International Chamber of Commerce (ICC), as part of the ICC World Trade Agenda – an initiative in partnership with Qatar Chamber of Commerce and Industry – outlines 10 possible effects of a return to the destructive, broad-based tariff increases of the 1930s that have become a genuine possibility in light of
Take no-deal Brexit off the table, says International Chamber of Commerce
A failure to deliver a deal on the United Kingdom’s withdrawal from the European Union will add more barriers to global trade and risk thousands of UK jobs, said the Secretary General of the world’s largest business organisation. Noting the UK’s historic role as a champion for global trade, ICC Secretary General John W.H. Denton AO warned that a “no-deal” Brexit will dangerously add additional barriers to trade and investment at a time when protectionist measures worldwide are already approaching alarming levels. With regard to Brexit, ICC
Debates on world trade reform extended on Global Dialogue on Trade platform
The first digitally-enabled dialogue on the future of the multilateral rules-based trading system will be extended until 1 March 2019. This allows companies and think tanks, supported by multilateral institutions, to pursue the ongoing debate on world trade reform. The three ongoing debates on the Global Dialogue platform, launched on 22 November 2018, are: (1) Flexible multilateralism: What role for plurilaterals and other negotiating tools? (2) How to deal with trade distorting practices? (3) How to take account of the growing importance of e-commerce to
ICC announces new Geneva presence
The International Chamber of Commerce (ICC) has announced the establishment of a new presence in Geneva. Crispin Conroy, ICC Representative Director This latest expansion undertaking, in ICC’s Centenary year, aims to further strengthen the world business organisation’s international engagement and outreach on behalf of over 45 million companies worldwide. ICC has appointed Crispin Conroy as ICC Representative Director to lead/coordinate the Geneva operations. Mr Conroy joins ICC following a 25-year career in international diplomacy with both the Australian Department of Foreign Affairs and Trade and
ICC convenes high-level business roundtable on the UN Global Pact for the Environment
What should be the scope of an international treaty dedicated to the principles that guide environmental protection? In its capacity as Permanent Observer to the United Nations General Assembly and representing the UN Environment Focal Point, ICC hosted discussions at its global headquarters in Paris last week to consider the business perspective for a strong UN Global Pact for the Environment and how such a Pact could address gaps in international environmental law. The roundtable took place ahead of Pact negotiations taking place this week