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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 of transmission. Early, bold and effective action will reduce short-term risks to employees and long-term costs to businesses and the economy. Prevention is both easier and more cost-effective for an exponentially growing process.
While specific actions each business should take will depend on location, the nature of the workplace and the potential disruptiveness to operations, ICC encourages all businesses to take appropriate actions to get ahead of the outbreak.
Right now, businesses should be developing business continuity plans (where there are no reported cases), readying business continuity plans (where there have been sporadic cases of imported or locally acquired cases) or implementing business continuity plans (where there is a local transmission or a large number of cases).
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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...
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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...
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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...
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