- Category: Trade & Investment Policy
Paris, 18 September 2014
The International Chamber of Commerce (ICC) is appealing to trade negotiators, reconvening this week in Geneva, to find a way forward to implement the World Trade Organization’s Trade Facilitation Agreement (TFA) following the breakdown in talks in July.
Realize TFA benefits without delay, ICC tells trade negotiators Harold McGraw III, ICC Chairman, said: “We urge WTO members to bridge the gap necessary to get the Trade Facilitation Agreement in place. There is no logic in delaying implementation of a deal that could add a possible US$1 trillion to global GDP—generating millions of jobs in the process.”
July’s missed deadline came as a huge disappointment to the global business community but ICC has emphasized that a deal is still possible in the weeks ahead.
Mr McGraw added: “Despite the procedural impasse, we are still seeing many developing economies pressing ahead with plans to implement the agreement. This progress should not be forgotten and should drive momentum to make further progress in the coming weeks.”
- Category: Arbitration and ADR
Paris, 03 September 2014
Companies and their legal counsel wanting to retain control over business-to-business disputes may still register for ICC’s 5th International Mediation Conference, set to take place in Paris on 18 September.
Learn from dispute-wise in-house counsel to gain control in commercial disputes Specifically tailored to the interests and needs of in-house counsel and management representatives, this unique one-day forum is a pragmatic way for users of commercial dispute resolution to exchange best practices and know-how and to discuss techniques for effective conflict management, avoidance and early dispute resolution.
“As a world leader in administered mediation, the ICC International Centre for ADR has lent its expertise to the conference that will focus on ways to negotiating the settlement you need – whether it be in mediation or in any other form of negotiation or dispute resolution proceeding,” said Hannah Tümpel, Senior Counsel of the ICC Centre for ADR and a conference moderator. Ms Tümpel joins an international line up of speakers who include David Parker, Group Executive Director of Chinachem Group (Hong Kong), Michael McIlwrath, Associate General Counsel – Litigation, GE Oil & Gas (Italy) and Abhijit Mukhopadhyay, President (Legal), Hinduja Group London (India).
- Category: Digital Economy
Istanbul, 02 September 2014
At the ninth Internet Governance Forum (IGF) in Istanbul, the International Chamber of Commerce (ICC) and Business Action to Support the Information Society (BASIS) have welcomed the reaffirmation of the IGF’s relevance and continued importance as well as the opportunity to work collaboratively with other stakeholders to further improve it. Pointing to the need to enrich the debate on policy creation, the world business organization has highlighted how a common approach across stakeholders will help achieve the full economic and social potential of the global Internet.
Delivering an opening address on behalf of BASIS, Chair Ilham Habibie stressed that the IGF, as an open, representative forum, is an ideal venue to foster the capacity building and policy discussion that are needed to realize the Internet’s global social and economic potential.
Addressing an IGF audience of up to 3,000 global business leaders, government officials, Internet technical experts and civil society representatives during the opening ceremony of the event in Istanbul today, Mr Habibie said: “This unique global forum provides an important opportunity for much-needed multistakeholder dialogue, but it is important that we continue to invest in the value that the IGF delivers. Improving the capacity building and knowledge transfer of the IGF is important to enhancing participation of and utility to developing countries. Enhanced participation and utility will enable the conversations and work of the IGF to help enhance the security, stability, privacy, resilience and interoperability of the global Internet, and the ability to obtain its economic and social benefits while ensuring compliance with the rule of law.”