International Chamber of Commerce

By Brayden Hewie & Liam Russell

History/Membership

• Founded in 1919 to serve world business by promoting trade and investment, open markets for goods and services and the free flow of capital.

• The largest most represenitive business organization in the world.

• There are two ways to become a member of ICC:1. Through affiliation with an ICC national committee or group.

2. By direct membership with the ICC International Secretariat when a national committee/group has not yet been established in your country/territory.

Controversy

• The ICC is often placed in the role of arbitrator to settle disputes, and sets as well as advocates for occasionally controversial policies.

• Often, members of local Chambers of Commerce are forced to make controversial calls in order to make the area a better place to live.

Recent new articles

• “A guide to supply chain finance basics” - This primer on the popular financing option explains how importers can benefit from it, and how to work with a bank to do due diligence on suppliers before adding them to a program.

• “Avoiding delays and costs by having the correct documentation”- Basically about improper documentation.

• “At the negotiating table”- The executive director at the Asian Pacific American Chamber of Commerce comments on doing business in Asia.

Sources

• https://globalconnections.hsbc.com/us/en/search?q=International+chamber+of+commerce

• http://www.iccwbo.org/about-icc/history/

• http://www.dw.de/interview-pros-and-cons-of-the-icc/a-16063112