ICC and Palestine Emerging continue to promote economic opportunity in the Middle East 

A second meeting of the ICC-Palestine Emerging Steering Committee was held virtually on 7 February, marking a progress-tracking milestone since the collaboration was announced in October 2024. With a focus on the economic development and reconstruction of Gaza and the West Bank, the ICC-Palestine Emerging partnership works to promote strong private sectors across the Middle East.

Another key achievement has been the formal affiliation of the Federation of Palestinian Chambers of Commerce, Industry and Agriculture (FPCCIA) with the ICC World Chambers Federation. The affiliation will allow Palestinian companies to participate in ICC’s global business events and to gain international market access. It will also provide Palestinian companies with direct access to ICC OneClick, ICC’s gateway supporting SMEs in their export journey, now available in Arabic.

ICC Secretary General, John W.H. Denton AO said:

 

“By combining the breadth and credibility of ICC’s network and expertise with Palestine Emerging’s local insights, this collaboration will continue to foster Palestine’s engagement with the global economy with integrity”

The ICC-Palestine Emerging partnership has identified 15 workstreams aimed at growing the Palestinian economy, and the Middle East region at large. These include concrete initiatives to strengthen the Palestinian private sector’s involvement with ICC’s global network, including through the establishment of a new national committee.

ICC is working closely with Palestine Emerging to promote the Palestinian entrepreneurship ecosystem by facilitating engagement between local startups, education institutions and international investors. The initiative also aims to enhance investment attraction efforts and support economic reconstruction, including by developing local arbitration capabilities and bringing ICC’s alternative dispute resolution services to Palestine.

Senior ICC representatives have actively engaged in Palestine Emerging activities. These include joint events with the United States Institute of Peace in Washington D.C. in December 2024 and the Palestine Emerging International Advisory Group meeting in London in January 2025.

ICC and Palestine Emerging have secured support from key international players for these joint initiatives through engagement with key government and business leaders.

As momentum builds, ICC and Palestine Emerging’s collaboration will continue to drive economic opportunity and integration for Palestinian businesses with the global economy.