Menu 0

Our core objective is to champion the benefits of the multilateral rules-based trading systems and promote a more inclusive, sustainable model for trade. This includes advocating for open, cross border trade and the benefits of global value chains.

ICC policy fora are our vehicles to build national and international consensus on business positions and rules supported by a variety of events and activities with business groups, governments, and wider stakeholders.

____________________________________________________________ 

KEY WORKSTREAMS

The following workstreams are where we focus UK efforts.

Trade Reform

  • Champion the case for trade reform through the ICC Recommendations on Trade Reform
  • Support ambitious, inclusive outcomes from plurilateral trade negotiations at the WTO; Ecommerce, Domestic Regulation, Investment Facilitation, MSMEs
  • Support a resolution to the reinstatement of a WTO dispute resolution mechanism
  • Work with UK business groups, unions, NGOs and consumers to promote the implementation of best practice principles set out in the 2018 ‘A Trade Model That Works for Everyone’
  • Work with government to reform English law and enable paperless trade through the digitisation of trade documentation – specifically bills of title.

Digital Trade

  • Work with the ICC network to promote the dissemination and use of the ICC Digital Trade Roadmap as a practical tool to modernise national laws, establish interoperable digital standards and industry adoption of digital systems and processes.
  • Support the launch of the ICC Digital Standards Initiative and creation of new interoperable digital standards for trade

Inclusion

  • Continue to work with UK business organisations to promote cooperation and the strengthening of the UK business voice at intergovernmental level
  • Continue to foster inclusive dialogue between business, governments, NGOs, unions and consumers

Liberalisation of Trade in Services

  • Work with UK business organisations and government to lay the foundations for the UK to play an active role in liberalising trade in services at the WTO
  • Advocate the use of bilateral trade agreements to set new gold standards as a basis to further the liberalisation of trade in services at multi-lateral level with a specific focus on the EU, Japan and US deals.

ICC Incoterms® 2020

  • Work with partners to promote the use of ICC Incoterms® 2020 rules to reduce costs and risks for UK buyers and sellers of goods through an ICC licenced nationwide training programme.

Competition

  • Advocate the benefits of open competition rules in driving sustainable global economic growth and a level playing field

Tax

  • Work with UK tax experts to shape the future of tax rules through the UN and OECD.
  • Promote the application of fair, transparent tax rules for all
  • To address tax challenges from digitalisation of the economy
  • Tax Dispute Resolution

International Policy Forums

We actively engage in the following international fora:

  • ICC Trade & Investment Commission
  • ICC Commercial Law & Practice Commission
  • ICC Marketing & Advertising Commission
  • ICC Taxation Commission
  • ICC Competition Commission
  • UN Committee of Experts on Tax Matters
  • Global Alliance for Trade Facilitation (GATF)
  • B2B Commonwealth Forum

Institutional Focus

Institutional engagement centres on the following bodies:

  • United Nations
  • B20/G20
  • World Trade Organization
  • World Customs Organisation
  • OECD
  • UNCITRAL
  • The Commonwealth

UK Policy Forums

Two for a provide the platform in which we organise programme activity with a strong read across to our finance, trade and commercial law fora.

  • ICC Trade & Investment Committee
  • ICC Commercial Law & Practice Committee
  • ICC Tax Committee