Global Alliance for Trade Facilitation Annual Report 2021

ICC is pleased to share the latest Annual Report with you!

It comes at a time when supply chain crises continue to make border reforms a pressing topic. The need to make trade simple, fast, and cost-effective has never been more urgent.  

Despite the many challenges posed by the COVID-19 pandemic, our 2021 report details an unprecedented acceleration in Alliance initiatives during the year: 18 new projects from four the previous year, bringing the total to 30 in 29 countries across Asia, Africa, Latin America, and the Middle East. The report also details a successful conclusion to others, with significant anticipated reduction of time and cost of trade.

Read the full report here

ICC Digital Trade Conference – Are We Ready to Trade Digitally?

ICC United Kingdom is delighted to invite you to their upcoming ICC Digital Trade Conference - Are we ready to trade digitally?, to take place virtually from 6^th – 8^th April 2022.

The conference will focus on preparing industry for mass adoption of open systems and internationally recognised interoperable digital standards. Sessions will concentrate on key sectors and look at systems, operations, processes and use of interoperable standards. Each session will help identify barriers and opportunities to the creation of a modern fully digitalised trade ecosystem. They will bring together international industry experts from corporates, institutions, and advisories, putting a spotlight on “best in class” digital adoption.

WEDNESDAY 6th April 

o 09:00 – 10:00 BST | Current State of Play

o 11:00 – 12:00 BST | Transforming the Warehousing Sector

o 14:00 – 15:00 BST | Modernising Trade Finance Practices, Building the Business Case

THURSDAY 7th April

o 09:00 – 10:00 BST | Digitalising commodity transactions

o 11:00 – 12:00 BST | Digitalising and standardising shipping and logistics trade systems

o 14:00 – 15:00 BST | Digital identification as a building block for future trade

FRIDAY 8th April

o 09:00 – 10:15 BST | The Future for Digital Trade

More Information and Registration

Standards Toolkit for Cross-border Paperless Trade

We are pleased to share with you a new toolkit developed by ICC and the World Trade Organization to help companies and government agencies adopt available standards to accelerate the digitalization of trade processes.

The “Standards Toolkit for Cross-border Paperless Trade” – developed as part of ICC’s Digital Standards initiative – provides the international trade community for the first time with a comprehensive overview of existing digital trade standards that can be used to facilitate trusted, real-time supply chain collaboration and real-time data exchange.

ICC & OECD Webinar

Competition Policy and Sustainability Cooperation Agreements

The International Chamber of Commerce (ICC) and the Organisation for Economic Co-operation and Development (OECD) are delighted to invite you to this upcoming webinar: Competition Policy and Sustainability Cooperation Agreements

ICC Banking Commission

Use of Sanctions Clauses in Trade Finance

Following the escalation of sanctions on Russian businesses, individuals and financial institutions over the past few days, ICC has taken the decision to reissue the previous ICC guidance on the use of sanctions clauses in documentary credits in consolidated form.

To reiterate our core guidance:

Sanctions law and regulations are generally mandatory, and thus may override the ICC rules applicable to that instrument. As such, the addition of a clause, stating the bank’s commitment to respect such sanctions law or regulation applicable to it by law may be unnecessary and lead to confusion.

2022 edition of the ICC Whistleblowing Guidelines

ICC has unveiled the newest contribution to its tools to help business stamp out corruption

Providing practical guidance to help enterprises establish and implement a Whistleblowing Management System, the guidelines are an update of the ICC Guidelines on Whistleblowing published in 2008, incorporating current experience and practice of ICC member enterprises across a wide range of sectors and jurisdictions worldwide. The 2022 edition also aligns with key international legal instruments as well as global standards and best practice such as the 2021 ISO 37002 Guidelines on Whistleblowing Management Systems and the 2019 European Directive on Whistleblower Protection, which is now being implemented by governments across Europe.