To stimulate and facilitate dialogue among international organisations and the respective diplomatic representations in Geneva, ICC Switzerland continued its Geneva Business Dialogues. We were pleased with the discussions on the topic of “MC12 – WHERE DO WE STAND? NEXT STEPS”.
ICC Switzerland, in collaboration with ICC Headquarters and the Geneva Chamber of Commerce, is pleased to invite you to the next Geneva Business Dialogue on the topic of the twelfth WTO Ministerial Conference – where do we stand? Next Steps.
The visit of the Swiss arbitrators to the Court of yesterday was a great success. This year we have organised it jointly with ICC Netherlands.
Between a joint lunch and dinner, which create an opportunity for exchange for the participants of both national Committees, the meeting allowed for our Swiss arbitrators to discuss general issues of procedures as well as specific issues. It was also a good opportunity to strengthen the relationship between the staff of the Court's Secretariat and the Swiss arbitration community as well as to meet personally with some counsel.
Following the strengthening of the Russian and Belarusian related financial sanctions earlier this year, the dispute resolution community raised numerous concerns regarding the subsequent and anticipated impact on the administration and conduct of ICC proceedings implicating these countries.
The challenges for globally active companies and service providers in times of crisis were the focus of the 100th anniversary of ICC Switzerland. Against the background of the consequences of the Ukraine war for the international economy, guest of honor Federal Councillor Guy Parmelin gave an overview of Switzerland's position in the global economy and took part in an exciting discussion. Concrete practical issues were addressed in the preceding workshop on "Contracts and Arbitration in Times of War," focusing on the implementation and consequences of sanctions, the application of "force majeure" clauses, problems in arbitration negotiations involving travel restrictions, and the enforcement of arbitral awards.
Ahead of the next World Trade Organization Ministerial Conference (MC12), the International Chamber of Commerce — the institutional representative of over 45 million businesses worldwide, small, medium and large, in over 170 countries — wishes to set out its priorities for a successful meeting.
The global business community views the World Trade Organization as an essential pillar in the multilateral trading system. As end-users of the system, the private sector strongly encourages ministers to work towards ambitious outcomes that will meet the needs of modern economies and all stakeholders.
