Banking & finance

ICC has issued the following statement in response to the conclusion of the G20 finance ministers meeting in Bali, Indonesia.

As the meeting of G20 finance ministers enters its final day in Bali, Indonesia, ICC has issued the following statement.

ICC has welcomed the launch of a new Centre for Digital Trade and Innovation by ICC United Kingdom, in response to the government’s ambition for the UK to have an open trading system with the rest of the world.

Following reports that the World Trade Organization is to cut the outlook for trade growth in 2022 by half, ICC has issued the following statement.

ICC has announced plans to convene a major virtual conference following the spring meetings of its Global Banking Commission.

ICC and the Organisation for Economic Co-operation and Development (OECD) have signed a Memorandum of Understanding (MOU) to strengthen cooperation in areas of mutual interest in order to promote sustainable economic growth, revive global trade and advance the transition to a green economy.

In an open letter to IMF and World Bank leaders, ICC Secretary General John W.H. Denton AO has drawn attention to the impact of the Russia - Ukraine crisis on the legitimate business activities of small and medium enterprises.

Following the Russian incursion into Ukraine on 24 February, ICC has issued the following statement on behalf of the global business community.

ICC, DCSA, BIMCO, FIATA and SWIFT have launched the Future International Trade Alliance and signed a memorandum of understanding to standardise digitalisation of international trade. Together, the industry associations will collaborate on the development and adoption of relevant standards to facilitate the use of electronic bills of lading.

ICC has announced forthcoming changes to the management of its Digital Standards Initiative (DSI) as the project prepares to enter second phase.