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ICC COVID-19 Response: Guidance on Protection for Migrant Workers during the COVID-19 Pandemic
WHY SPECIFIC GUIDANCE FOR MIGRANT WORKERS?
>> Migrant workers are a crucial part of the work force in many sectors, including those ensuring essential services during the pandemic and industries hit especially hard by the crisis.
>> Many micro-, small- and medium-sized enterprises (MSMEs) in particular rely on the migrant workforce to operate.
>> Migrant workers have specific concerns—as they are generally far from their families and communities—including facing language and/or cultural barriers, as well as potential discrimination, and often do not benefit from social protections and safety nets enjoyed by local workers.
>> The economic impact on migrant workers affects not only the workers themselves but also those who depend on their remittances for survival in their communities of origin.
>> Supply chain leaders can play an important role in helping mitigate the impact of COVID-19 on workers in their supply chains, including those that are migrant workers.
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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...
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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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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...
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