International Chamber of Commerce: Difference between revisions
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| founded = 1919 | |||
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| website = [http://www.iccwbo.org/ iccwbo.org] | |||
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'''ICC''', or the '''International Chamber of Commerce''', is the voice of businesses worldwide, working towards the enhancement of economic growth, job creation and overall prosperity of businesses globally. The ICC carries out a host of activities, from imposing business self-regulation, to promoting open trade and market system, to working towards eliminating corruption and crime from the commercial world. | '''ICC''', or the '''International Chamber of Commerce''', is the voice of businesses worldwide, working towards the enhancement of economic growth, job creation and overall prosperity of businesses globally. The ICC carries out a host of activities, from imposing business self-regulation, to promoting open trade and market system, to working towards eliminating corruption and crime from the commercial world. | ||
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The International Chamber of Commerce was founded in 1919 with the sole motive of enhancing world business by promoting trade and investment, supporting open markets for goods and services, and ensuring a free flow of capital all around the world. | The International Chamber of Commerce was founded in 1919 with the sole motive of enhancing world business by promoting trade and investment, supporting open markets for goods and services, and ensuring a free flow of capital all around the world. | ||
Its first President, Etienne Clementel, a former French Minister of Commerce, was instrumental in providing the ICC the much needed force in the initial days after its formation. It was under Clementele’s watch that the ICC established its international secretariat in Paris. Clementele also played a major role in establishing the ICC International Court of Arbitration in 1923. | Its first President, Etienne Clementel, a former French Minister of Commerce, was instrumental in providing the ICC the much needed force in the initial days after its formation. It was under Clementele’s watch that the ICC established its international secretariat in Paris. Clementele also played a major role in establishing the ICC International Court of Arbitration in 1923. | ||
There has been a substantial amount of evolution in the functioning of the ICC since its early days, when business leaders from all of the allied nations met for the very first time in post-war Atlantic City. The ICC was originally comprised of private sector members from countries such as Britain, Belgium, Italy, France and the United States of America. This small clique has now become a global business organization consisting mostly of influential companies representing every major secondary and tertiary economic sector, with thousands of member companies and associations from 120 countries.<ref name="link">[http://www.iccwbo.org/id93/index.html iccwbo.org/id93/index.html]</ref> | There has been a substantial amount of evolution in the functioning of the ICC since its early days, when business leaders from all of the allied nations met for the very first time in post-war Atlantic City. The ICC was originally comprised of private sector members from countries such as Britain, Belgium, Italy, France and the United States of America. This small clique has now become a global business organization consisting mostly of influential companies representing every major secondary and tertiary economic sector, with thousands of member companies and associations from 120 countries.<ref name="link">[http://www.iccwbo.org/id93/index.html iccwbo.org/id93/index.html]</ref> | ||