ICC World Trade Agenda - Post-Bali Business Priorities

ICC World Trade Agenda – Post-Bali Business Priorities

ICC will continue to work with governments to identify and prioritize areas where WTO Members can achieve results. In setting a post-Bali work programme, ICC urges trading countries to act on the following business priorities.

The statement urges trading countries to act on the following priorities:

  1. Ensure rapid implementation and ratification of the wto agreement on trade facilitation
  2. Reach a balanced and satisfactory outcome on agriculture, non-agricultural market access, and services
  3. Expand trade in it products and encourage the growth of e-commerce worldwide
  4. Liberalize trade in services
  5. Multilateralize trade liberalization under the wto framework
  6. Foster “greener” economic activity through trade
  7. Improve protection and promotion of investment worldwide through bilateral and other international agreements, while laying the groundwork for more global investment protection and promotion through a high-standard multilateral framework on investment
  8. Sustain and strengthen the wto dispute settlement system
  9. Develop better disciplines on export restrictions
  10. Develop disciplines over state-owned and state-supported enterprises that enter into commercial competition

The International Chamber of Commerce is preparing for the publication of Incoterms® 2020, an update of the renowned regulations that define the responsibilities of buyers and sellers operating in the international trade system.

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