News

The COVID-19 pandemic has had a huge impact on global trade, revealing the fragility of highly complex global value chains, making this week-long event more important than ever. It has put a spotlight on and accelerated the need to act on policy issues such as digitisation as a way to create greater societal equality and sustainability.

ICC International Trade & Prosperity Week (ITPW) will look at the various issues and provide a set of policy recommendations for how global value chains can further evolve to come back better, stronger and smarter, kick-starting the economic recovery.

More Information and registration here.  Participation FREE for all ICC Members!

Towards a Turning Point in America’s Foreign Policy? 

Our Annual Assembly will take place on September 1st, 17:15. It will be an occasion to get an overview on the activities of ICC in general, and to look ahead. Our guest of honour, Mr Jacques Pitteloud, Swiss Ambassador to the United States of America, will joins us virtually and will give us a firsthand view from Washington on the situation of the US, the consequences of the Corona-crisis and notably the outlook on the November election. We look forward to seeing you in September. The event will be organised in accordance with the rules relating to COVID 19. Our assembly is open to representatives of members of ICC Switzerland and delegates in general. Please feel free to forward this invitation to colleagues. Non-members are also welcome to participate. Registration is compulsory.

Invitation and Registration

The International Chamber of Commerce has published a full statistical report, offering an in-depth breakdown of the numbers behind the growth of its dispute resolution services for the year 2019. 

The annual report provides an overview of the cases administered by the organisation's International Court of Arbitration and International Centre for ADR.

Discover what the 2019 figures reveal and the record numbers announced. 

Here is a glimpse of what is highlighted:

• parties involved, including the numbers, nationalities and state parties
• arbitral tribunals, including their constitution, the numbers and nationalities of arbitrators appointed and confirmed and the number of incidents affecting the composition of arbitral tribunals during the proceedings
• the applicable law chosen by the parties, including the subject and size of disputes
• the places selected as seats of ICC Arbitrations
• awards

Download here            

Today, the Swiss Parliament has unanimously decided to change the Federal Law as to from now on permission is given to hand in briefs to the federal court also in English. This is a crucial decision for Switzerland as an essential international place of arbitration. Therefore, this change in law is very much in accordance with ICC Switzerland, as its Swiss Commission of Arbitration has substantially contributed towards reaching this outcome. This change in law strengthens the competitiveness of Switzerland as a preferred place of international arbitration.

"The International Chamber of Commerce (ICC) was founded in 1919 – in the wake of the First World War and at the height of the Spanish flu pandemic – on a core conviction that commerce could be an enabler of global peace and prosperity. It is hard not to think we will soon face an equally important inflexion point in history. 

Choices made in the initial years after the ICC’s establishment led to further lives lost and even deeper economic damage. Just more than a century on, governments must not ignore the four fundamental fragilities that could give rise to future chaos: nature loss, climate change, social inequality and economic exclusion. When the time comes, you can be sure that global business will be quick to make the case for a resilient rebuild from Covid-19."

Read more here

Don’t miss this exclusive, one-off opportunity to learn from one of the world’s foremost legal experts on the Incoterms® rules!

In this Live Masterclass ICC Academy will cover the Incoterms® 2020, specifically for intermediate and more experienced users. The expert trainer is Christoph Martin Radtke, co-chair of the ICC Incoterms® 2020 Drafting Group.

Find more information here