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International Chamber of Commerce (ICC)

The International Chamber of Commerce (ICC) is a major force for global business, and its mission is to promote open markets, free enterprise, and the free flow of capital. Founded in 1919, it is the world's largest business organization, representing more than 45 million company members in over 100 countries. As the voice of business in global governance, the ICC is instrumental in setting and administering international rules, codes, and conventions that integrate businesses and safeguard commerce and investments across borders.

The ICC works closely with the United Nations and its specialized agencies, such as the WTO and World Bank, to promote a fair, rules-based global trading system. It also serves as a forum for countries to engage in business dialogue that allows them to share strategies and ideas, as well as advocate for their interests.

At the heart of the ICC lie its business policy activities. The organization works in partnership with government, civil society, and other stakeholders to develop legal frameworks that reflect consensus on regulating emerging areas of business such as sustainable development, digital trade, banking, and corporate governance. It also lobbies for changes to existing laws and regulations to create better environments for business particularly in developing and least-developed countries.

The ICC's services and resources are designed to help companies innovate and succeed in global markets. Its professional education program provides specialized training and capacity-building opportunities to help prepare businesses for international trading. Its dispute resolution mechanism, the International Court of Arbitration, provides effective conflict resolution services and is recognized as the world’s pre-eminent arbitral institution. In addition, it issues a range of well regarded publications, guidelines, and case studies, offering practical advice and analysis to help businesses navigate the complexities of international commerce.

The ICC has become increasingly engaged in public policy advocacy in recent years, seeking and securing a place at the decision-making table. The organization’s public affairs activities and advocacy initiatives are focused on promoting an open, fair, and equitable global economic environment that ensures the effective participation of the private sector in international governance.

With its unparalleled scale, agility, expertise and influence, the ICC is uniquely positioned to shape the future of global commerce. Its ambition is to be the pre-eminent body for global business, and its commitment to the values of open markets and free trade are clear.

Glossary Index