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World Intellecual Property Day 

IP and Youth: Innovating for a Better Future

26 April 2022, 16:00 - 18:00 CET

Innovation plays a crucial role in addressing local and global challenges, and young innovators are shaping this landscape with the power of their ideas and ambitions for the future, including the future of health. With adequate support and effective use of intellectual property (IP) rights, young innovators can mobilize change and help advance science, innovation and business for improved health outcomes.

 

With its focus on IP and Youth: Building a Better Future, this year’s World Intellectual Property Day provides a unique opportunity to bring young innovators and policy makers together to explore how youth innovation is generating solutions to some of the world’s greatest health challenges.

 

But what challenges do young innovators face and how do innovation ecosystems need to evolve to enable them to deliver their promising solutions?

An exciting line-up of award-winning young innovators will share their experiences and perspectives on these and other topical questions in two panels that promise wide-ranging and rich discussions.

 

Find more Information and Registration here.

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Global Alliance for Trade Facilitation Annual Report 2021

ICC is pleased to share the latest Annual Report with you!

 

It comes at a time when supply chain crises continue to make border reforms a pressing topic. The need to make trade simple, fast, and cost-effective has never been more urgent.  

Despite the many challenges posed by the COVID-19 pandemic, our 2021 report details an unprecedented acceleration in Alliance initiatives during the year: 18 new projects from four the previous year, bringing the total to 30 in 29 countries across Asia, Africa, Latin America, and the Middle East. The report also details a successful conclusion to others, with significant anticipated reduction of time and cost of trade.

 

Read the full report here

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ICC Digital Trade Conference – Are We Ready to Trade Digitally?

ICC United Kingdom is delighted to invite you to their upcoming ICC Digital Trade Conference - Are we ready to trade digitally?, to take place virtually from 6th – 8th April 2022.

 

The conference will focus on preparing industry for mass adoption of open systems and internationally recognised interoperable digital standards. Sessions will concentrate on key sectors and look at systems, operations, processes and use of interoperable standards. Each session will help identify barriers and opportunities to the creation of a modern fully digitalised trade ecosystem. They will bring together international industry experts from corporates, institutions, and advisories, putting a spotlight on “best in class” digital adoption.

  

WEDNESDAY 6th April 

o 09:00 – 10:00 BST | Current State of Play

o 11:00 – 12:00 BST | Transforming the Warehousing Sector

o 14:00 – 15:00 BST | Modernising Trade Finance Practices, Building the Business Case

 

THURSDAY 7th April

o 09:00 – 10:00 BST | Digitalising commodity transactions

o 11:00 – 12:00 BST | Digitalising and standardising shipping and logistics trade systems

o 14:00 – 15:00 BST | Digital identification as a building block for future trade

 

FRIDAY 8th April

o 09:00 – 10:15 BST | The Future for Digital Trade

 

More Information and Registration

Standards Toolkit for Cross-border Paperless Trade

We are pleased to share with you a new toolkit developed by ICC and the World Trade Organization to help companies and government agencies adopt available standards to accelerate the digitalization of trade processes.

 

The “Standards Toolkit for Cross-border Paperless Trade” – developed as part of ICC’s Digital Standards initiative – provides the international trade community for the first time with a comprehensive overview of existing digital trade standards that can be used to facilitate trusted, real-time supply chain collaboration and real-time data exchange.

 

To this end, the toolkit identifies close to 100 available standards, frameworks and initiatives that offer the potential to enable all parties in global supply chains to speak the same, universal language – regardless of the tools used to automate processes – by leveraging a core set of standardised trade-related document and data formats.

 

The report maps a range of foundational standards for adoption by all participants in global trade – such as country codes to legal entity identifier standards – while also incorporating starting toolkits for various types of supply chain actors, from logistics operators to customs authorities.

 

Get the document

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ICC & OECD Webinar - Competition Policy and Sustainability Cooperation Agreements

The International Chamber of Commerce (ICC) and the Organisation for Economic Co-operation and Development (OECD) are delighted to invite you to this upcoming webinar: Competition Policy and Sustainability Cooperation Agreements

 

Date:

Thursday 31st March 2022

Time:

13:00 – 14:30 BST | 14:00 – 15:30 CEST | 08:00 – 09:30 EST

Platform:

 Zoom – Register Here

 

Background:

The climate change emergency is driving governments and companies worldwide to set increasingly ambitious sustainability targets – yet the pace of progress remains slow. What is becoming clear is that this is a global threat which requires collective and concerted action from all stakeholders. Hence, cooperation will be essential to effect real and swift progress.

 

Competition law, however, is often perceived as a barrier to companies needing to cooperate in this area. There are concerns that the current framework is too focused on an overly narrow view of consumer welfare and is ill-equipped to recognise and quantify the broader and longer-term societal benefits. As a result, companies are deterred from the much-needed cooperation for fear of infringing competition law.

 

This session is part of a webinar series bringing together perspectives from regulators, policymakers, economists, and legal practitioners worldwide, to explain that competition law need not be a problem but can be part of the solution to tackling this existential threat.

 

Speakers include:

Frédéric Jenny, Chairman of the OECD Competition Committee
Simon Holmes, Chair of the ICC Taskforce on Competition & Sustainability
Ori Schwartz, Head of OECD Competition Division
Ninette Dodoo, Partner, Freshfields Bruckhaus Deringer
Angélique de Brousse, Senior Legal Counsel - Competition EMEA, Johnson & Johnson
Maria Jaspers, Director of Cartels, DG Competition - European Commission

ICC Banking Commission - Use of Sanctions Clauses in Trade Finance

Following the escalation of sanctions on Russian businesses, individuals and financial institutions over the past few days, ICC has taken the decision to reissue the previous ICC guidance on the use of sanctions clauses in documentary credits in consolidated form.

 

To reiterate our core guidance:

Sanctions law and regulations are generally mandatory, and thus may override the ICC rules applicable to that instrument. As such, the addition of a clause, stating the bank’s commitment to respect such sanctions law or regulation applicable to it by law may be unnecessary and lead to confusion.

Nevertheless, in circumstances where a bank determines it wants to include a sanctions clause in a documentary instrument, it is recommended that the clause should be drafted in clear terms, restrictively, to limit the reference only to mandatory law applicable to the bank, and not be extended beyond that. Banks may refer to the addendum in the consolidated guidance for the drafting guidance which is combined with the guidance paper and available in the above page.

It is further reiterated that banks should refrain from issuing trade finance-related instruments that include sanctions clauses that purport to impose restrictions beyond, or conflict with, the applicable statutory or regulatory requirements. It is also advisable for practitioners to be aware of the risks posed by such clauses if included by other banks involved in their transactions, and be prepared to reject such clauses where it brings to question, the irrevocable, independent nature of the credit, demand guarantee or counter-guarantee, the certainty of payment or the intent to honor obligations.

 

Further guidance/capacity building 

ICC is committed to supporting the market in navigating the challenges posed to legitimate trade by the recent sanctions escalation, and will consider further interventions, as appropriate, to ensure that any and all new instruments are implemented in the most efficient manner possible.

To further support the market, the ICC Academy’s introductory course on compliance will be made available free of charge to ICC members throughout March.

Our Members

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