INTERNATIONAL CHAMBER OF COMMERCE

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INTERNATIONAL CHAMBER OF COMMERCE

The International Chamber of Commerce is the largest, most representative business organisation in the world. Its over 45 million members in over 100 countries ........






have interests spanning every sector of private enterprise.

ICC has three main activities: rule setting, dispute resolution, and policy advocacy. Because its member companies and associations are themselves engaged in international business, ICC has unrivalled authority in making rules that govern the conduct of business across borders. Although these rules are voluntary, they are observed in thousands of transactions every day and have become part of international trade.

A world network of national committees in over 100 countries advocates business priorities at national and regional level. More than 3,000 experts drawn from ICC's member companies feed their knowledge and experience into crafting the ICC stance on specific business issues.

The ICC (The International Chamber of Commerce) was 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 International chamber of commerce is a force for economic growth, job creation and prosperity. ICC International Chamber of commerce is the world's only truly global business organization facilitate in regulating world economy.  The ICC lobbies for open trade, business self-regulation, and fighting corruption and commercial crimes.  The International Chamber of Commerce ICC speaks for world businesses when governments consider issues as intellectual property rights, trade regulations, and environmental protection legislation.  The ICC also develops rules and standards that companies can adopt voluntarily, and that can be incorporated in binding contracts

Governing bodies

World Council

ICC's supreme governing body is the World Council, consisting of representatives of national committees. The World Council elects ICC's highest officers, including the Chairman and the Vice-Chairman, each of whom serves a two-year term. The Chairman, Vice-Chairman and the Honorary Chairman (the immediate past Chairman) provide the organization with high-level leadership.


Executive Board

Strategic direction for ICC is provided by its executive board, consisting of up to 30 business leaders and ex-officio members. It is elected by the World Council on the recommendation of the Chairmanship. Meeting three times a year, the Executive Board oversees the establishment of ICC's strategic priorities and the implementation of its policies.


International Secretariat

The ICC International Secretariat, based in Paris, is the operational arm of ICC. It develops and carries out ICC's work programme, feeding business views into intergovernmental organizations on issues that directly affect business operations. The International Secretariat is led by the Secretary General, who is appointed by the World Council.


National Committees

In 92 of the world's nations, members have established formal ICC structures called national committees. In countries where there is no national committee, companies and organizations such as chambers of commerce and professional associations can become direct members.


Finance Committee

The Finance Committee advises the Executive Board on all financial matters. On behalf of the Executive Board, it prepares the budget and regularly reports to the board. It reviews the financial implications of ICC activities and supervises the flow of revenues and expenses of the organization.


Dispute resolution services

ICC's administered dispute resolution services help solve difficulties in international business. ICC Arbitration is a private procedure that leads to a binding and enforceable decision.

 

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