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The ICC Commission on the Digital Economy has announced the appointment of Carlos Lopez-Blanco as Chair.

A letter published in the Financial Times today, written by ICC Secretary General John W.H. Denton AO, highlights the private sector’s ability to help governments restore cross border travel by advancing safe and effective pre-flight Covid-19 screening of travellers.

ICC has welcomed the opportunity for further business engagement to address taxation challenges relating to the digitalisation of the economy but calls for increased collaboration to achieve global consensus agreement. The call follows the Organisation for Economic Co-operation and Development’s (OECD)’s update on international tax negotiations this week.

ICC International Maritime Bureau (IMB) figures show a rise in piracy and armed robbery on the world’s seas in the first nine months of 2020, with a 40% increase in the number of kidnappings reported in the Gulf of Guinea. Pirates armed with guns and knives are abducting bigger groups of seafarers at further distances off the West African coast.

ICC has contributed to a new report by a consortium of multilateral development banks and trade research institutions, gauging the views of Sub-Saharan banks on the current response from multilateral development banks (MDBs) to maintain a well-functioning trade finance market.

The International Chamber of Commerce (ICC) and the United Nations Economic and Social Commission for Western Asia (ESCWA) have launched the ICC-ESCWA Centre of Entrepreneurship to inspire entrepreneurial innovation and improve the business environment for SMEs in the Arab region.

The International Court of Arbitration of the International Chamber of Commerce has unveiled revised Rules of Arbitration due to enter into force in January 2021.

ICC, ITUC and Global Citizen call for an updated G20 Action Plan to address the barriers that sovereign debt burdens present toward pandemic containment and economic stabilisation.