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ICCs mission ICC was created in 1919 by a handful of entrepreneurs to: promote cross-border trade and investment and the multilateral trading system represent.

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Presentation on theme: "ICCs mission ICC was created in 1919 by a handful of entrepreneurs to: promote cross-border trade and investment and the multilateral trading system represent."— Presentation transcript:


2 ICCs mission ICC was created in 1919 by a handful of entrepreneurs to: promote cross-border trade and investment and the multilateral trading system represent business all over the world

3 ICC members ICC has hundreds of thousands of members in 130 countries: Companies Of all sizes and from all sectors Chambers of commerce Regional, national and local Business associations National and sectoral and worldwide offices in over 90 countries

4 ICC member companies 7 Examples of some well-known ICC members from different sectors:

5 8 ICC offices around the world

6 Why global networks? Networks essential in any business to gain information, knowledge, contacts and trust Even small businesses look to export markets: global networks can help Improved communications make information on markets and opportunities more easily available Networks being increasingly used in business as basis for marketing, innovation, new business models

7 Global networks Global networks can help on two levels Create tools and frameworks to support market access Business opportunities and development for individual businesses Global networks can help build trust

8 Tools and frameworks What tools and frameworks have been created by global business networks to support market access? International trade transactions Customs facilitation Dispute resolution Policy frameworks

9 International trade transactions (1) Incoterms (International Commercial Terms) Standard trade definitions most commonly used in international sales contracts e g. EXW (Ex works), FOB (Free on Board), CIF (Cost, Insurance and Freight), DDU (Delivered Duty Unpaid), and CPT (Carriage Paid To) Devised by ICC using network of trade specialists and interested parties Since 1936, updated six times to keep pace with the development of international trade. Current version: Incoterms 2000 (being revised).

10 International trade transactions (2) Model contracts and clauses Developed by ICC network of lawyers and experts worldwide Neutral framework for international contracts : even-handed agreement acceptable to both sides ; no bias for any one particular legal system Examples: Global sourcing ; Commercial Agency; Confidentiality; Distributorship; Franchising; Mergers and Acquisitions; International Sales; Share Purchase; Intermediaries Selective Distributorship; Electronic Contracting; Trademark Licence; Technology Transfer; Subcontracting

11 International trade transactions (3) Rules for documentary credits Letters of credit used in international trade transactions to ensure payment and contract performance ICC through network of trade finance specialists has issued standardized rules Uniform Customs and Practice for Documentary Credits Regular revisions by ICC: current version is UCP600

12 Customs facilitation (1) ATA Carnet International customs document Permits duty-free and tax-free temporary import of goods for up to one year. Covers commercial samples, professional equipment, goods for presentation or use at trade fairs, exhibitions Network of customs authorities and national issuing organizations coordinated by ICC-WCF

13 Customs facilitation (2) Certificate of Origin (CO) Attests that goods in a particular export shipment are wholly obtained or produced or manufactured or processed in a particular country (country of origin). Important to determine what duty will be assessed on the goods or whether goods may be legally imported. Issued by network of chambers of commerce and trade associations ICC World Chambers Federation International Certificate of Origin Guidelines : first international procedures and guidelines manual

14 Dispute resolution Contracts essential basis for business transactions: need to forsee resolution of disputes In 1921, ICC network of businesses realized need to create alternative dispute settlement procedures for businesses trading internationally ICC dispute settlement services : trusted system created by a business network for businesses Mediation, arbitration, conciliation

15 Policy framework Businesses work within framework of national, regional and international rules Rules have important effects on business and market access eg trade, investment,intellectual property, tax, competition, environment, customs, transport, marketing, e-business Networks of businesses work with governments to help shape these rules: ICC (international/multisectoral eg UN, WTO etc); chambers of commerce and trade/professional associations (sector specific issues and national/regional level)

16 Business opportunities and development How can global networks help create business opportunities ? develop individual businesses ?

17 World Chambers Congress Takes place every 2 years in a different region of the world: Kuala Lumpur, 3-5 June 2010 Brings together nearly 2000 chamber and business representatives from over 100 countries Excellent networking platform and exhibition space Focus on role of women in business and intellectual property

18 Electronic marketplaces/info exchange Internet = new opportunities for information exchange and contacts BUT problem of trust. World Chambers Network website platform for exchange of business information between chambers and their member companies worldwide The Global Business Exchange (GBX) – business opportunities from member chambers worldwide on easy- to-search online database. Partnership with Openentry – market access for SMEs. International trade information - country reports, trade and customs information, etc. produced by chambers of commerce, and available online.

19 Chambers IP programmes Many chambers and business organisations offer IP support programmes for businesses ICC IP tool-kit for chambers – listing of types of IP support offered by different chambers around the world Helps businesses identify chambers that can help them Helps chambers set up their own initiatives

20 Counterfeiting and piracy ICC BASCAP initiative provides platform to connect and mobilize businesses across industries, sectors and national borders in the fight against counterfeiting and piracy. Website rich source of information IP guidelines for business: what businesses can do to protect their own creativity and innovation and lower the risk of using counterfeit materials or infringing other companies IP rights BASCAP supports local groups and initiatives in different countries

21 Business/professional associations Networks of people Trust building Information exchange Learn from each others experiences Force for change

22 For more information Thank you for your attention Daphne Yong-dHervé ICC : World Chambers Federation: Commission on Intellectual Property:

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