THE ROLE OF THE INTERNATIONAL CHAMBER OF COMMERCE (ICC) 


The International Chamber of Commerce (ICC) is a global organization that promotes international trade and investment. It serves as a forum for businesses to discuss and develop policies on trade-related issues, and it works to reduce trade barriers and promote fair competition. The ICC also provides a range of services to its members, including dispute resolution, trade finance, and market intelligence. Additionally, the ICC has developed a number of international trade and commercial rules, such as the ICC Intercoms, which are widely used in international contracts. Overall, the ICC plays an important role in promoting and facilitating international trade and investment, and serves as a voice for the business community in international policy debates.


The International Chamber of Commerce (ICC) is a non-profit organization that was founded in 1919 to promote international trade and investment. Its headquarters is in Paris, France, and it has over 6.5 million members in over 130 countries.


The ICC has several main functions:


  • Policy Development: The ICC works to develop policies on trade-related issues that are in the best interests of its members. It conducts research, publishes reports, and organizes conferences and other events to bring together business leaders and policymakers to discuss trade-related issues.

  • Advocacy: The ICC serves as a voice for the business community in international policy debates. It works to reduce trade barriers and promote fair competition, and it advocates for policies that support international trade and investment.

  • Services: The ICC provides a range of services to its members, including dispute resolution, trade finance, and market intelligence. The ICC also offers training and education programs on international trade and commercial topics.

  • Rule-making: The ICC has developed a number of international trade and commercial rules, such as the ICC Intercoms, which are widely used in international contracts. These rules provide a common understanding of terms used in international trade and help to reduce confusion and disputes.




Furthermore, the International Court of Arbitration, the ICC Banking Commission, the ICC Commission on Marketing and Advertising, and many others are part of the ICC. These specialist bodies and committees offer advice and expertise on specific trade-related issues such as arbitration and banking.

Overall, the ICC is critical in promoting and facilitating international trade and investment, as well as representing the business community in international policy debates. It is regarded as one of the most powerful organisations in the international trade arena.



5 Secrets: How To Use THE ROLE OF THE INTERNATIONAL CHAMBER OF COMMERCE (ICC) To Create A Successful Business



  • Use the ICC's networks and resources: The ICC provides businesses with a wide range of resources and networks, including access to international markets, industry experts, and other companies.

  • Participate in ICC events and committees: The ICC hosts events and meetings on a regular basis where businesses can network and learn about the latest developments in their industry. Participating on an ICC committee can also provide useful insights and connections.

  • Use ICC standards and guidelines: The ICC publishes a wide range of business standards and guidelines, including those relating to international trade and arbitration. Adopting these standards can aid in compliance and efficiency.


  • Use ICC dispute resolution services: The ICC provides a variety of dispute resolution services, such as mediation and arbitration, that can assist businesses in resolving disputes in a cost-effective and efficient manner.

  • Consider becoming an ICC member: Becoming an ICC member can provide access to additional resources and opportunities, such as networking and business development opportunities, as well as international representation.