ICC Switzerland Centenary
100 years of "Merchants for Peace"
The challenges for globally active companies and service providers in times of crisis were the focus of the 100th anniversary of ICC Switzerland. Against the background of the consequences of the Ukraine war for the international economy, guest of honor Federal Councillor Guy Parmelin gave an overview of Switzerland's position in the global economy and took part in an exciting discussion. Concrete practical issues were addressed in the preceding workshop on "Contracts and Arbitration in Times of War," focusing on the implementation and consequences of sanctions, the application of "force majeure" clauses, problems in arbitration negotiations involving travel restrictions, and the enforcement of arbitral awards.
A record number of more than 100 interested participants followed the annual meeting of ICC Switzerland in Zurich and at the same time celebrated the 100th anniversary of the Swiss National Committee of the International Chamber of Commerce ICC. This world business organization is active in over 100 countries, has its headquarters in Paris, and since 2017 has been the only private organization with full observer status at the UN General Assembly.
Federal Councillor Guy Parmelin's guest presentation, "Switzerland's Place in the Global Economy in Turbulent Times," focused on the consequences of rising inflation, lack of supply chain security, energy supplies at risk, and Switzerland's involvement in a changing global economic order. The future of multilateralism, a sanctions policy without side effects, and Switzerland's relationship with the European Union were addressed by Thomas Wellauer, president of ICC Switzerland. "Prosperity through multilateralism" will also be the motto of the ICC World Chambers Congress in Geneva in 2023. This will be the first time since 1947 that such a world congress will be held in Switzerland.
We thank everyone who has joined us for the 100 years ICC Switzerland celebration and of course a very warm thank you to our speakers who made this event such a success!