World trade is in large part dependent on the availability of reliable and cost-effective sources of financing. This means that banks and other financial institutions play a vital role in facilitating trade-led growth and development.
Global issues & trends
ICC examines the nature and significance of the major shifts taking place in the world economy. From banking and finance to innovation and intellectual property issues, policy advocacy is a major part of ICC’s work. But everything else we do is also devoted to promoting international trade and investment. Much of our work is of a very practical nature, focused on making it easier for business to operate internationally.
Drawing on the expertise and experience of our worldwide membership, we offer a large array of voluntary rules, guidelines, and codes which facilitate cross-border transactions and help spread best practice among companies. These activities make us an influential and respected channel for supplying business leadership to help governments manage global developments in a collaborative manner for the benefit of the world economy as a whole.
Developing effective regulations is essential to allowing business to contribute to economies and societies around the world, whether through competition law, taxation or energy regulation.
From micro-enterprises to multinational conglomerates, businesses in every sector and every region of the world are becoming increasingly dependent on information and communication technologies (ICTs) and a secure, stable and trusted Internet to carry out their daily operations.
At ICC, we recognise the economic and social benefits of diversity, while undertaking efforts to improve cultural and gender balances to benefit our own services and operations.
Over the past two decades, the role of business in global governance has become increasingly important. ICC works to inform international policy debates in intergovernmental institutions – ensuring that global policy frameworks work with business to drive growth and economic development.
Intellectual property (IP) systems have a vital role to play in spurring innovation and in giving companies large and small a range of tools to help drive success.
Counterfeit and pirated products put the health and safety of consumers worldwide at risk while robbing governments, businesses and communities of tax revenues, profits and legitimate jobs. The negative impacts of counterfeiting and piracy are projected to drain US$4.2 trillion from the global economy and put 5.4 million legitimate jobs at risk by 2022.
Responsible business conduct can help companies advance their management systems, attract investors, better manage supply chains and retain employees. That’s why companies worldwide are increasingly aware that doing business with integrity is the right way to do business.
ICC works to champion evidence-based policies to shape the multilateral trade and investment agenda as a driver of growth, jobs and development. We are the leading business voice in the World Trade Organization and other international forums – including the G20.