International Chamber Of Commerce Definition
The International Chamber of Commerce (ICC) is the world’s largest business organization with a network of over 6 million members in more than 130 countries. The ICC promotes international trade and investment, champions the global economy, and works to advance business interests around the world.
The ICC has three main activities: rule-making, dispute settlement, and policy advocacy. The ICC develops international commercial rules and regulations through its renowned commissions and working groups. These rules are used by businesses around the world to promote fair and efficient markets. The ICC also provides an international arbitration service for businesses to resolve disputes efficiently and cost-effectively. Lastly, the ICC advocates on behalf of business at the highest levels of government to ensure that trade flows smoothly, fairly, and openly.
The ICC’s work supports sustainable economic growth by helping businesses operate in an efficient, fair, and predictable environment – one that encourages innovation and unlocks new opportunities for companies large and small across all sectors of the economy.
