Around 80% of world trade relies on trade finance—a market that has proven particularly vulnerable to previous financial shocks. Reduced access to reliable, adequate, and cost-effective sources of trade financing...
ICC Guidance paper on the impact of COVID-19 on trade finance transactions
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ICC endorses no responsibility in this guidance paper which is aimed only at sharing practical views and guidance from experts in the management of Trade Finance transactions during this exceptional...
United Kingdom - Creating Modern Digital Trade Ecosystem
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ICC is calling on national governments to create a modern digital trade ecosystem by reforming laws to digitise trade documentation and align legal frameworks to the UNCITRAL Model Law on...
ICC is calling on national governments to create a modern digital trade ecosystem by reforming laws to digitise trade documentation and align legal frameworks to the UNCITRAL Model Law on...
Leveraging Digital Connectivity for Post-COVID Competitiveness and Recovery
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By Nick Ashton-Hart Digitisation is integral to more than 15 per cent of global GDP and rising dramatically year-on-year (UNCTAD, 2019). By 2022/2023, it is estimated this could be more...
Mind the Trade Finance Gap The restoration of cross-border trade will undoubtedly be vital in driving a global economic recovery in the wake of the COVID-19 pandemic. A return to...
The novel coronavirus (COVID-19) pandemic is unprecedented health and economic crisis, affecting the lives and livelihoods of workers, as well as the continued operations of businesses globally. Micro-, small- and...
ICC- Digital Trade Rapid Response Measures by Banks Under COVID-19
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This document collates common practices undertaken by global banks in the COVID-19 emergency situation and shares some guidance. This is not a “best practices” document and many of the practices...
ICC Letter to Secretary of State for Justice – Accelerate the Digitisation of Trade Finance Documentation
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ICC United Kingdom Letter from secretary-general, Chris Southworth to the secretary of state to accelerate the Digitisation of Trade Finance Documentation to support the trade finance community in the context of...
The coronavirus COVID-19 outbreak is a global health emergency that requires effective action by governments, individuals and businesses All businesses have a key role to play in minimising the likelihood...
The coronavirus COVID-19 outbreak is a global health emergency that requires effective action by governments, individuals and businesses. All businesses have a key role to play in minimising the likelihood...
This report was commissioned by ICC United Kingdom in partnership with ICC France and Germany and the ICC Digital Standards Initiative to set out the economic case for harmonising legal...
A High Standard Outcome to Power the Post-Covid Economy
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COVID-19 has upended the normal course of business action across the global real economy. The “Great Lockdown” resulted in the worst economic downturn since the Great Depression of the 1930s—a...
ICC Global Vaccines Campaign - Ending the COVID-19 Pandemic
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Context
The challenge of making vaccines available to everyone, everywhere
The COVID-19 pandemic had a devastating effect on both lives and livelihoods in 2020. The arrival of…
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What is the ICC AOKpass? ICC AOKpass, a risk mitigation tool developed by ICC, is a scalable solution that enables governments and border authorities to reopen cross-border travel safely and...
Dear Secretary of State, As a follow-up to your conversation with Paul Drechsler CBE last week, we offer our full support to building an international coalition around a UK-led safe...
> AN EPIDEMIOLOGICAL MODEL WITH INTERNATIONAL PRODUCTION NETWORKS NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 January 2021 We thank Yasin Şimşek for excellent research assistance. We...
RE: G7 action on vaccine access I am writing ahead of this week’s extraordinary meeting of G7 leaders to emphasize the clear business case for immediate international action to accelerate...
“No economy can recover fully from the COVID-19 pandemic until we have secured equitable global access to effective vaccines.” Key findings and implications of the new study: THE ECONOMIC CASE...