Trade & investment

How ATA carnets contributed to Winter Olympic and Paralympic success

More than 118,000 pieces of equipment, from 34 countries, valued at US$94 million were temporarily imported into China for 2022 Beijing Winter Olympics and Paralympics thanks to the use of ATA carnets, an international customs document that permits duty-free and tax-free temporary import of goods for up to one year.

New recommendation calls for inclusion of multi systems for proof of origin in FTAs

2021 ICC Trade Register Report: Global Risks In Trade Finance

A new paper from the ICC World Chambers Federation Certificate of Origin Council calls on all economies negotiating Preferential Free Trade Agreements (FTAs) to ensure that the Rules of Origin Chapter provisions include an equivalent multi system. The measure would allow traders to choose between third party certified origin and self-declared origin statement methods when satisfying their preferential origin data.

ICC and OECD strengthen cooperation

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.

Future International Trade Alliance launched

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.