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< Back Digital tools central for development of MSME trade in Latin America Mar 25, 2024 Digital tools and technologies play a crucial role in boosting trade for micro-, small-, and medium-sized enterprises (MSMEs) in Latin America, reveals a new ICC report. The “MSME Digital Exports in Argentina, Brazil, Colombia, and Mexico: Opportunities and Challenges,” is based on the results of a survey conducted in 2023 among more than 2,000 MSMEs in the region. It analyses the impact of the Covid-19 pandemic three years after its onset, identifies barriers to exports, and assesses the role of digital tools in enabling trade. With this report, ICC aims to contribute to discussions and initiatives in the region that seek to enhance the export capacity of MSMEs. Additionally, ICC aims to leverage the report to develop tailored training programmes for MSMEs in the region. “Digital technologies are creating opportunities for small businesses to trade and reach international markets. ICC is committed to providing the necessary resources to help local businesses harness these opportunities and benefit the communities they serve, in the region and beyond” said ICC Secretary General John W.H. Denton AO. Covid-19 pandemic: an inflection point The report shows that employment in MSMEs has yet to fully return to pre-pandemic levels, with 40% of surveyed MSMEs indicating a decrease in the number of employees since the beginning of the pandemic. Similarly, the pandemic significantly restricted their export capacity with many MSMEs, particularly in Brazil and Mexico, changing the destination of their exports. However, the Covid-19 pandemic triggered a significant increase in the use of digital tools and technologies with 80% of surveyed companies reporting an increase in the use of these tools. It also greatly accelerated the development of online commerce for both formal and informal MSMEs. Over 75% of the surveyed MSMEs in Argentina, Brazil, and Mexico began buying or selling products and services online during the pandemic. This trend was less pronounced in Colombia. Export barriers limit opportunities 70% of businesses surveyed in Argentina, Brazil, Colombia, and Mexico expressed an interest in exporting within Latin America, and 50% expressed an interest in exporting to North America. However, many barriers continue to hinder their ability to access international markets. The three main barriers that were reported are language, the lack of resources, and the regulatory environment. For micro-entrepreneurs, high competition levels and regulatory complexity are the most challenging hurdles. Digital tools: a key driver for the development of MSME exports Digital tools and technologies have become central to MSMEs’ ability to trade. Close to 80% of MSMEs surveyed in Argentina, Brazil, and Mexico claim to sell products online, and 63% of MSMEs in Colombia claim to do so. However, for many MSMEs, internet access remains too expensive, and many are dissatisfied with the quality of service, especially with the irregularity of the service, slow connection, and lack of technical support. Furthermore, the degree of familiarity with digital tools differs substantially between countries and business sizes. The main digital tools used to drive online sales are: WhatsApp, Mercado Libre, Instagram, Facebook Marketplace, and Amazon. However, MSMEs continue to face significant challenges linked to logistics, the regulatory environment, and payment systems. Finally, digital marketing is a key area of development for MSMEs – close to 70% of businesses are eager to receive training in digital marketing, while 50% are looking for training on how to identify market opportunities. Key findings: 40% of surveyed MSMEs indicate a decrease in the number of employees since the beginning of the pandemic More than 75% of MSMEs in Argentina, Brazil, and Mexico started buying or selling products and services online during the pandemic. Close to 80% of MSMEs surveyed in Argentina, Brazil, and Mexico claim to sell products online, while only 63% of MSMEs in Colombia claim to do so. Close to 70% of businesses are eager to receive training in digital marketing, while 50% are looking for training on how to identify market opportunities. The three main barriers to exporting are language, lack of resources, and the regulatory environment. For micro-entrepreneurs they are the high competition and the complexity of the regulatory environment. Previous Next

Business solutions At ICC, we leverage our diverse network, skills and expertise into providing a full spectrum of practical trade tools that are essential to making business work for everyone, everyday, everywhere. We have a unique capacity to facilitate knowledge, create trade tools, and set global industry standards and best practices that have practical impact to global trade and commerce. How can ICC help? Tools, Standards and code of practices ATA Carnet Speed through Customs with a unified document and temporary relief from import duty. ATA Carnet is an international customs document that permits duty-free and tax-free temporary import of goods for up to one year and serves as a guarantee to customs duties and taxes. ATA Carnets cut red tape by simplifying and unifying customs border crossing regulations. Incoterms® Standards in international and domestic contracts for the delivery of goods since 1936. Incoterms® rules are a set of standards used in international and domestic contracts for the delivery of goods. They are recognised by UNCITRAL as the global standard for the interpretation of the most common terms in foreign trade helping to avoid costly misunderstandings by clarifying the tasks, costs and risks involved in the delivery of goods from sellers to buyers. Model Contracts and Clauses Practical legal tools for international trade designed for businesses of all sizes. ICC model contracts and clauses provide businesses – from start-ups to SMEs to multinationals – with practical legal tools for international trade, including export/import, confidentiality and force majeure. Certificates of Origin International trade documents that certify the nationality of products. Certificates of Origin certifies that goods in a shipment are wholly obtained, produced, manufactured or processed in a particular country. Local chambers have the unique position to operate as the natural and trusted agent in issuing COs, which can issue two types: • Non-Preferential COs • Preferential COs ICC Trade Now Suite of digital trade products for MSMEs around the world. International trade is a key driver of growth and innovation for MSME’s worldwide. Through tailored partnerships, ICC Trade Now connects MSMEs to game-changing products and services that aim to bridge the global trade finance gap by scaling innovative trade finance solutions, empowering MSMEs to access international markets, while creating new investment opportunities for financiers. Centres of Entrepreneurship Largest business-led ecosystem to support entrepreneurs. The Centres of Entrepreneurship provide essential support to inspire future entrepreneurs, scale start-ups, enable participation in the digital economy and foster inclusiveness, with the overarching objective of fighting poverty and reducing inequalities. ICC Agri-Food Hubs Platform for partnerships, engagement and advocacy in the agri-food sector. ICC Agri-Food Hubs facilitate discussions and active collaboration between institutions and businesses in the agri-food sector. It aims to create tools, activities, and events to share knowledge and best practices to encourage the development of innovative projects that help companies adapt to rapid changes in the global market. ICC Academy Trade Finance Certificate in Digital Trade Strategy (CDTS) Global Trade Certificate (GTC) Certified Trade Finance Professional (CTFP) International Business Incoterms® 2020 Certificate (INCO) Certificate in Digital Trade Strategy (CDTS) Export/Import Certificate (EIC) Free Trade Agreement Certificate (FTAC) E-Invoicing Solution Certificate (ESC) Microfinance Associate Certificate (MAC) Regulation and Compliance Certificate on the Commonn Reporting Standard (CCRS) IMB NVOCC Bill of Lading Certificate (NBL) Ethical Marketing and Advertising (EMA) Discover more Why choose us? Looking to train your team? Combine E-learning with our customised face-to-face training or online workshops. Innovative and flexible online learning for global trade professionals Market-leading professional certifications Tailored livecasts and webinars on in- demand topics Relevant curriculum developed by renowned specialists Industry-recognised credentials Access to ICC’s extensive global network Expert Trainers: Learn and interact with the International Chamber of Commerce (ICC’s) unrivalled roster of international experts either face-to-face or via live webinar. Small Groups: Deepen your knowledge with small ‘Working Groups’ which facilitate enriching, inspiring and interactive classes. Improve Effectiveness: Self-paced online learning, with concepts being reinforced in a face-to face/ live classroom setting. Personalised Sessions: Tailor-made programme to equip participants with the know-how to manage multi-dimensional aspects of the subject matter in a supportive environment. Interactive Learning: Our sessions include quizzes, scenario discussions with other students and lectures are followed by Q&As with the trainer. Industry Standard: Earn an internationally recognised ICC certificate signed by the ICC Secretary General. Use it to signal your expertise to clients. Discover more

< Back New chair of Global ICC Environment and Energy Commission announced ICC WBO May 15, 2024 ICC has announced the appointment of Rob Cameron, Global Head of ESG Engagement, Nestlé as the new Chair of the ICC Global Commission on Environment and Energy – a global forum of more than 500 members to shape policy discussions on the international sustainability agenda, including climate change and green economy. With over 25 years’ experience in the fields of sustainability and corporate responsibility, Mr Cameron joined Nestlé in January 2020 as Global Head of Public Affairs and was closely involved in the development of Nestlé’s Net Zero Climate Roadmap, its commitments on regenerative agriculture, and the development of the company’s Human Rights Roadmap and action plans. He is also the Secretary to the Sustainability Committee of Nestlé’s Board of Directors. Rob Cameron This is a key appointment for the ICC Commission on Environment and Energy as it continues to evolve its strong and unique offering to the international business community. With a mandate beginning 1 June 2024, Mr Cameron will be responsible for ensuring ICC’s leading role in leading international debate on the development of coherent policy frameworks, solutions and tools that enable and scale enhanced ambition – in line with the objectives of the Paris Agreement, the UN Convention on Biological Diversity and the UN Sustainable Development Goals. ICC Global Policy Director Andrew Wilson said: Mr Cameron has the experience, energy and vision that will be instrumental in leveraging ICC’s role in this strategic priority area. We are honoured that he has agreed to take on this important role and look forward to his leadership and support in accelerating sustainability and climate action. Mr Cameron said: ICC’s Global Environment and Energy Commission is focused on addressing some of society’s most pressing challenges, particularly the climate crisis, plastic pollution and biodiversity loss. This Commission represents the voice of forward-looking business in addressing these challenges, and helps policymakers see their interconnected and systemic nature in a way that few others can. That is why I am delighted to take on this important responsibility and I look forward to working with Commission members and the ICC Secretariat in pursuing its vital agenda. Mr Cameron takes over from Justin Perrettson, Head of Partnerships and External Engagement at Novonesis, who has led the work of the Commission on Environment and Energy for the past six years. ICC expressed gratitude for Mr Perrettson’s time, commitment and stewardship during his time as Chair and looks forward to his continued engagement in ICC’s policy work. Learn more about ICC work on sustainability and climate action Previous Next

ICC Academy The educational arm of the International Chamber of Commerce with industry-recognised professional qualifications, authored by ICC experts. Learnings by ICC Expertise Flexibility Relevance Recognition Variety ICC members enjoy 15% off on all trainings. Contact your national committee for the discount code Request Code Professional Certificates Learn More Professional certificates Internationally accredited by: Incoterms® 2020 Certificate The online ICC's professional certification for the Incoterms® 2020 rules Learn More Certified Trade Finance Professional (CTFP) Increase your career options or your team's capabilities with the ICC’s advanced, wide-ranging trade finance certification Learn More Export/Import Certificate (EIC) Learn how to do business across borders with the ICC's international trade certification. Learn More Free Trade Agreement Certificate (FTAC) Learn to simplify complex free trade agreements so you can access new markets and reduce costs. Learn More Certificate on the Common Reporting Standard (CCRS) Understand the key elements of the Common Reporting Standard so you can incorporate them as part of a holistic compliance operating model. Learn More Global Trade Certificate (GTC) Introductory, online trade finance training from the ICC Learn More Browse all certificates Short courses Introduction To Trade Finance Develop a foundational understanding of global trade and how companies settle their cross border commercial activities Learn More Introduction to Documentary Credits This letter of credit course will teach you the importance of LCs in enabling trade, and their versatility in addressing a range of client needs Learn More Advanced Documentary Credits This letter of credit training course provides a detailed review of documentary credits, from structuring and issuance to document verification to financing and settlement Learn More Introduction to Supply Chain Finance Get a practical overview of the high-growth area of supply chain finance (SCF)—an emerging proposition which covers the majority of global trade flows. Learn More Introduction To Islamic Banking and Finance Understanding of the core principles, the various norms and prohibitions that govern activities and contracts in the Islamic financial system. Learn More Advanced Standby Letters of Credit An in-depth look at how standby letters of credit work, the purposes for which they can be used and the rules and regulations governing them Learn More Introduction to Trade Finance Sales Learn the practices and processes necessary to be a successful trade finance sales person, including the key steps to identify, select and prioritize customers. Learn More Digital Trade Finance & Fintechs Get to grips with the digital trade ecosystem including the advent of fintechs, the legal, regulatory and commercialisation challenges involved. Learn More Advanced Guarantees Learn more about the issuance of a bank guarantee, the use of counter guarantees and more complex transactions. Learn More Browse all courses In house learnings by ICC Discover the best of both worlds with ICC's comprehensive training solutions. While online learning offers flexibility and convenience for your employees to study at their own pace, in-house training provides a tailored and immersive learning experience. Participants can engage in group discussions, receive peer feedback, and interact with instructors during Q&A sessions. ICC offers two types of in-house trainings: Knowledge-Based Training: Our expert-led sessions aim to enhance practitioners' capabilities by imparting essential knowledge and know-how for successful entry into and navigating international markets. Delivered either face-to-face or via live webinar by ICC's international experts, these sessions ensure participants gain invaluable insights and skills. Customized Round Tables and Workshops: Leveraging our unique position, ICC organizes in-house round table discussions and workshops tailored to address your organization's specific needs. Whether it's dilemma sessions, speak-up trainings, or diversity and inclusion workshops, we facilitate critical conversations and foster new perspectives to empower your organization's growth. Contact us today to explore how ICC's in-house trainings can drive meaningful transformation and innovation within your organization . Get in touch with our training team Why choose us? Looking to train your team? Combine E-learning with our customised face-to-face training or online workshops. Innovative and flexible online learning for global trade professionals Market-leading professional certifications Tailored livecasts and webinars on in- demand topics Relevant curriculum developed by renowned specialists Industry-recognised credentials Access to ICC’s extensive global network Expert Trainers: Learn and interact with the International Chamber of Commerce (ICC’s) unrivalled roster of international experts either face-to-face or via live webinar. Small Groups: Deepen your knowledge with small ‘Working Groups’ which facilitate enriching, inspiring and interactive classes. Improve Effectiveness: Self-paced online learning, with concepts being reinforced in a face-to face/ live classroom setting. Personalised Sessions: Tailor-made programme to equip participants with the know-how to manage multi-dimensional aspects of the subject matter in a supportive environment. Interactive Learning: Our sessions include quizzes, scenario discussions with other students and lectures are followed by Q&As with the trainer. Industry Standard: Earn an internationally recognised ICC certificate signed by the ICC Secretary General. Use it to signal your expertise to clients. Get in touch with our training team

Start: February 2025 | The Hague, The Netherlands ESG Governance Training Program 2025 Start: February 2025 | The Hague, The Netherlands ESG Governance Training Program 2025 Equipping leaders to drive sustainable, ethical, and impactful business practices. Equipping leaders to drive sustainable, ethical, and impactful business practices. Register Now Register Now Download Brochure Download Brochure Start: March 2025 | The Hague, The Netherlands ESG, making it happen! Equipping you to drive sustainable, ethical, and impactful business practices. Register Now Download Brochure Why ESG Matters In today’s evolving business landscape, integrating Environmental, Social, and Governance (ESG) principles is no longer optional—it’s essential for resilience, competitiveness, and long-term success. ICC Netherlands, in alignment with ICC’s global mission, is proud to launch the ESG, make it happen program. Designed for professionals across industries, this program delivers the tools, insights, and strategies needed to lead ESG transformation in organizations of all sizes. Who Should Attend? This program is tailored for: Sustainability Professionals managing ESG strategy, reporting, or compliance. Legal and Compliance Experts navigating regulatory frameworks like CSRD and CSDDD. Finance and Risk Leaders integrating ESG into financial and risk strategies. Executives and Managers embedding ESG principles into governance and decision-making. For Organizations of All Sizes: Whether you’re part of an SME where professionals often balance multiple roles or a larger organization with specialized teams, this program provides a comprehensive understanding of ESG. By learning directly from experts and exchanging ideas with peers across industries, participants gain practical insights into governance, finance, compliance, and cultural transformation—key to driving ESG success. What Sets This Program Apart: Real-World Application: Insights and tools to implement ESG strategies effectively. Practical Workshops: Apply learning through case studies and interactive sessions. Cutting-Edge Insights: Stay ahead with ICC’s globally recognized tools and frameworks. Exclusive Networking: Engage with global experts, peers, and thought leaders. Key Themes & Topics 1. Governance and Strategic Leadership Embedding ESG principles into governance structures. Engaging leadership and boards to champion ESG strategies. 2. Behavioral Insights and Cultural Transformation Building inclusive, transparent, and values-driven organizational cultures. Promoting ethical behavior and diversity as core ESG components. 3. Finance, Risk Management, and Compliance Excellence Navigating green finance, CSRD/CSDDD requirements, and legal risks. Strengthening supply chain resilience and aligning ESG disclosures with global standards. Program Structure Launch: March 2025 9 Monthly Sessions (excluding July, August, December) Each session (3 hours) includes: 45 minutes: Insights from ICC experts and recognized authorities. 45 minutes: Practical case studies and real-world applications. 45 minutes: Interactive workshops tailored to organizational contexts. 15 minutes: Wrap-up and discussions. Networking Drinks: Connect with peers and ESG experts. Pricing ICC Members: €1600 for all sessions (or €200 per session) Non-Members: €2400 for all sessions (or €300 per session) (Pricing covers all sessions and is transferable within the same organization.) Register Now Contact Information For questions or to discuss your registration, contact us: Email: info@icc.nl Website: www.iccwbo.nl Location: ICC Netherlands, Bezuidenhoutseweg 12, 2594 AV, The Hague Get in touch ESG, making it happen - Registration Please complete the form below to secure your place in this program. Submitting this form is the first step, and you will receive a confirmation email with further details. First name* Last name* Job title Organisation Industry Email* Phone Participation Type* ICC Member (€1600 for all sessions) ICC Member one session (€200 per session) Non-member (€2400 for all sessions) Non-member one session (€300 per session) Note: Pricing covers all 9 sessions and is transferable within the same organization. Do you require an invoice for your organization?* Yes No Preferred Payment Method:* Credit/Debit Card Bank Transfer What are your main goals for participating in this program? (Open-ended: max 150 words) Do you have any dietary preferences or restrictions? (For in-person sessions) Do you require any accessibility accommodations? (Optional) How did you hear about this program? ICC website LinkedIn/Social Media Referral Newsletter Other I agree to receive program-related communications from ICC Netherlands. I confirm that the information provided is accurate and complete. Register For any questions regarding registration, contact us at info@icc.nl

< Back ICC wins award for advancing inclusivity in arbitration Mar 22, 2024 ICC has been awarded the Equal Representation in Arbitration (ERA) Pledge Award for exceptional contributions to promoting diversity and inclusion. The announcement was made last night at the prestigious Global Arbitration Review (GAR) Awards ceremony in Paris. It is the second time ICC has been recognised in this category. The ERA Pledge Award acknowledges outstanding efforts in achieving gender diversity in international arbitration, recognising individuals, organisations, committees, or groups that have demonstrated remarkable dedication to enhancing gender representation within the field. This year, the ICC International Court of Arbitration was honoured for its groundbreaking work in advancing disability inclusion in arbitration and alternative dispute resolution (ADR) through the launch of a groundbreaking guide. Produced by the ICC Commission on Arbitration and ADR’s Task Force on Disability Inclusion in International Arbitration, co-chaired by Simon Maynard, Katherine Ramo and Todd Weiler, the ICC Guide for Disability Inclusion in International Arbitration and ADR provides clear guidance to address and accommodate the needs of people with disabilities participating in arbitral and ADR procedures, or other activities and events in the field of dispute prevention and resolution. Simon Maynard and Todd Weiler, emphasised the significance of this initiative saying the guide was an essential first step to placing disability on a level playing field with other protected characteristics. It allows practitioners to educate themselves about the meaning of disability and how it can intersect with the practice of arbitration. ICC first won the ERA Pledge Award in 2022 for establishing an LGBTQIA network and launching the Disability Task Force. Diversity and inclusion are core values of ICC, given their integral role in fostering peace, prosperity and opportunity for all. Other prestigious accolades at the 2024 GAR Awards included a Lifetime Achievement Award for Michael E. Schneider, founding partner of LALIVE and Senior Counsel for his unparalleled experience spanning over 40 years as counsel and international arbitrator. Michael E Schneider is a former vice chair of the ICC Commission on Arbitration, and has been a member of several of its working groups (1998 and 2009 revisions of the ICC rules, construction, pre-arbitral referee). Learn more about ICC’s diversity initiatives Read more about GAR Awards 2024 here and Browse the photos from GAR Awards 2024 Previous Next

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< Back DSI Legal Reform Advisory Board announces new Chair ICC DSI Feb 2, 2024 The International Chamber of Commerce (ICC) Digital Standards Initiative (DSI) has announced the appointment of Oliver Wieck, Secretary General of ICC Germany, as the new Chair of the DSI Legal Reform Advisory Board. Mr Wieck is joined by three Vice-Chairs: Luca Castellani, legal officer of the United Nations Commission on International Trade Law (UNCITRAL) and one of the drafters of the Model Law on Electronic Transferrable Records; Vashti Maharaj, Head of Digital Trade Policy with the Commonwealth; and Chantal Ononaiwu, Trade Policy and Legal Specialist Office of Trade Negotiations from the Caribbean Community (CARICOM). ICC Executive Board member Valentina Mintah steps down from her role as Co-Chair having served on the Legal Reform Advisory Board since 2022. Since its inception in January 2022, the Legal Reform Advisory Board has played a pivotal role in the global campaign to remove legal barriers to seamless digital trade, and engage countries and policymakers in creating an enabling policy environment for digital trade to take root. John Denton, ICC Secretary General said: “The DSI Legal Reform Advisory Board leadership has a huge amount of expertise, and truly global reach, on the issue of legal reform. We look forward to supporting them in their advocacy work towards sustainable, inclusive, digital trade. The momentum is real, and 2024 will be pivotal.” The Legal Reform Advisory Board, which brings together a wide range of policy, legal, and financial expertise on trade digitalization, was instrumental in creating a monitoring framework to track global alignment to Model Law on Electronic Transferrable Records (MLETR). Mr Wieck, who has been serving as Interim Chair since September 2023, said: “As a representative of ICC’s national committees in the Legal Reform Advisory Board, I am very excited to contribute to shaping and promoting a globally comparable legal framework for the digitisation of global trade transactions.” Mr Castellani said: “I look forward to contributing to the work of ICC DSI on promoting the broader adoption of the UNCITRAL Model Law on Electronic Transferable Records, and, more generally, the digital transformation of trade. It is particularly important to include developing countries in those efforts in order to mitigate the digital divides.” Ms Maharaj said: “Within the Commonwealth legal reform to digitalize trade can be a true catalyst and game changer, particularly for developing states and it is my sincere honour to contribute to the dynamic work of the Legal Reform Advisory Board in creating a globally interoperable, integrated and enabling legal environment for trade facilitation.” Ms Ononaiwu said: “Trade Policy and Legal Specialist Office of Trade Negotiations from CARICOM, “I look forward to supporting the efforts of the Legal Reform Advisory Board to promote an enabling legal environment for paperless trade, which can greatly benefit small economies, like those in CARICOM, that are highly dependent on trade.” For more information about the ICC DSI, including tools and reports, please visit https://www.dsi.iccwbo.org/ . For business. For you. Previous Next

Arbitration & Dispute resolution Committee Discover the Commission's Key Initiatives ICC Netherlands Arbitration Committee The Dutch Arbitration Committee consists of all corporate, law firm and organizational members of ICC Netherlands who are interested in learning about and becoming more involved in ICC’s dispute resolution services in the Netherlands. The group meets in different parts of the Netherlands and abroad at luncheons, roundtable discussions, ICC arbitration conferences and via video or telephone conferences. Working with ICC HQ, the Arbitration Committee help organize conferences, seminars and corporate roundtables to educate the public about ICC’s different dispute resolution services and mechanisms. Below is a list of the current ICC Netherlands Arbitration Committee leaders: Marnix Leijten (De Brauw) - Chair of Dutch Arbitration and ADR Commission Willem van Baren (Independent Arbitrator) Bartholomeus P.H. Leijnse (Leijnse Artz) Thomas Stouten (Houthoff) Martje de Vries Lentsch (De Brauw) Marieke van Hooijdonk (A&O Shearman) Nominations Commission ICC Netherlands may be requested by the ICC International Court of Arbitration® (“ICC Court”) or the ICC International Centre for ADR (ICC Centre) to propose Dutch nationals with the required qualifications to serve in each case. ICC Netherlands may also propose non-nationals residing in the Netherlands. This process is administered by the Arbitration Nominations Commission, which interacts with the Secretariat of the ICC Court to enhance the appointment process. If you are an arbitrator and would like to be considered for an ICC Arbitration, or have any questions about the process please contact the ICC Netherlands at info@icc.nl. Below is a list of the current ICC Netherlands Nomminations Commission members: How To Join To become a member of the ICC Netherlands Arbitration Committee, you must be a member of ICC Netherlands. To find out if your corporation, firm or organization is already a member or for information about becoming a member, please contact us at info@icc.nl.

The ICC Incoterms® 2020 The ICC "international commercial terms", known worldwide as the ICC Incoterms® rules, have been an internationally generally accepted set of definitions and terms of delivery for use in international and national purchase and sale agreements for goods with a global reach since 1936. The ICC Incoterms ® 2020 version is the most recent international standard on international trade and is therefore the modern alternative to the ICC Incoterms ® 2010 rules. Over the past 10 years, these have been crucial tools for importers, exporters, lawyers, carriers and insurers all over the world. ICC periodically reviews the rules. In addition to the experiences of users, changes in policies, environmental guidelines and new technology have been included in the adjustments. The ICC Incoterms ® 2020 provides buyers and sellers with an up-to-date framework. They are also easier to use. The Incoterms® rules consist of a set of three-letter delivery terms that reflect the customs between buyers and sellers of goods. These three-letter delivery terms describe the allocation of tasks, costs, and risks between buyers and sellers, saving time and protecting entrepreneurs from pitfalls and financial damage. Developed after extensive consultation with users including economists, lawyers, traders, freight forwarders, and banking and insurance experts from ICC's global network, the ICC Incoterms® 2020 rules reflect changes in international trade. The Drafting Group, established by ICC in 2016, included a mix of traders, business representatives, and trade law specialists who analysed over 3,000 substantial comments and conducted four consultation rounds with national offices and expert groups, including two physical expert consultations in Beijing and London. This thorough process ensures that the rules remain relevant and effective in the evolving landscape of global trade. What are the key changes in Incoterms® 2020? The Incoterms® 2020 address a demonstrated need in the market for on-board bills of lading under the Free Carrier (FCA) Incoterms® rule. Free Carrier (FCA) has been revised for Incoterms® 2020 to cater to a situation where goods are sold FCA for carriage by sea and buyer or seller (or either party’s bank) requests a bill of lading with an on-board notation. FCA in article A6/B6 now provides for the parties to agree that the buyer will instruct the carrier to issue an on-board bill of lading to the seller once the goods have been loaded on board, and for the seller then to tender the document to the buyer (often through the banks). Educational In Company Training Incoterms ® The Incoterms ® 2020 rules provide clarity and certainty to your company. In practice, however, there appear to be questions about the way in which the Incoterms® rules relate to transport, customs, insurance, payment arrangements and also the internal procedures and agreements within the company. How does your company make optimal use of the most recent version of the Incoterms ® rules? What is the right application for your business? Legitimate questions to which the In Company training provides answers. Read More Seminars I Webinars Incoterms® 2020 To ensure that you are informed, stay informed and are also well informed about the Incoterms® 2020 rules, ICC offers Incoterms® 2020 seminars/webinars. In the seminars and webinars, experts will speak and emphasize the correct application of the ICC Incoterms® 2020 rules in daily use. The seminars and webinars are for everyone involved in trade in goods and delivery conditions, such as buyers, sellers, importers, exporters, carriers, insurers, lawyers and legal experts . For more information, please contact ICC Netherlands via info@icc.nl . Professional Certificates Looking to deepen your understanding of Incoterms® 2020 at your own pace? Our comprehensive e-learning courses at ICC Academy offer the flexibility to learn anytime, anywhere. Designed for professionals seeking to enhance their expertise in international trade, these interactive modules cover all aspects of Incoterms® rules, ensuring you have the knowledge to navigate global trade complexities with confidence. Take advantage of this convenient learning option and empower yourself with the tools and insights needed for successful international transactions. Discover Our E-Learning Courses at ICC Academy Learn More Why are the Incoterms 2020 important for you? Get Your Copy Now Unlock the potential of Incoterms® 2020 with ICC Netherlands. Our comprehensive guide simplifies international trade by clearly defining the responsibilities of buyers and sellers. Stay ahead in the global market with the latest insights and strategies from our team of experts. Get your copy today and ensure your business operates smoothly and efficiently. Order here Incoterms® 2020 APP Download the ICC’s official Incoterms® 2020 mobile app for comprehensive, easy-to-access summaries of the rules. Navigate international trade complexities with ease and make informed decisions with confidence. Download for Android Download for IOS

< Back Enhanced consultation with taxpayers and increased tax certainty vital to future development of proposed UN Tax Convention ICC WBO Aug 19, 2024 Following a three-week intergovernmental meeting in New York earlier this month, the United Nations has adopted Terms of Reference for a Framework Convention on International Tax Cooperation – a potentially significant step towards establishing new rules for cross-border taxation. ICC, along with representatives from its national committees worldwide, actively participated in these negotiations – with the aim of ensuring that this initiative focuses on developing principles-based international tax policies that support trade, investment and the achievement of the Sustainable Development Goals (SDGs). Following the adoption of the Terms of Reference, John Connors, Chair of ICC’s Global Commission on Taxation said: “For companies globally, tax policy is not only a means of raising government revenues but also a catalyst for sustainable growth and development. It should drive investment in jobs, infrastructure, and technology, while fostering trade, encouraging sustainable investment, and ensuring fair competition. We look forward to a UN Convention that aligns with these critical objectives and are ready to constructively participate in the process”. Commenting on the details of the agreed text, Luisa Scarcella, ICC Global Policy Lead on Taxation, added: “While the inclusion of a new paragraph guaranteeing stakeholder participation in the future drafting of the UN Tax Framework Convention is welcomed, it is crucial to emphasise the need for structured, ongoing, and meaningful consultation with taxpayers throughout the drafting and negotiation process. “In this connection, we regret that an important amendment proposed by EU countries, based on a prior suggestion from India to include references to taxpayer safeguards, was not adopted. This is especially disappointing given that the importance of taxpayers’ safeguards and consultations is recognised domestically across the vast majority of UN member countries. “Additionally, while the inclusion of tax certainty as a guiding principle for the convention is appreciated, effective tax certainty requires broad international support and consistent implementation of new rules. Coordination with existing rules and frameworks established by other international forums is also essential. The business community hopes that the convention will be negotiated with broad consensus and that existing regulations will be duly considered. “We are also concerned by the decision to address the taxation of cross-border services in one of the two protocols to be negotiated simultaneously with the Framework Convention. The ambitious timeline for this process raises concerns about the need to carefully consider the economic impact of new rules on local economies and global trade, particularly for developing countries that are service exporters.” Previous Next

< Back ICC Forum seeks young regional representatives Arbitrage & ADR Feb 19, 2024 The ICC Young Arbitration and ADR Forum (ICC YAAF) has launched a campaign to recruit young practitioners in the field of dispute resolution and avoidance as new regional representatives for its 2024-2026 mandate. The new representatives will start their two-and-a-half-year mandate in June 2024. Current and new representatives will work concurrently until the ICC YAAF Global Conference on 27 September 2024. The conference, linked to the ICC New York Conference , will mark the official handover. Through regional event organisation and local initiatives, regional representatives play a pivotal role in ICC YAAF’s mission to connect young lawyers and in-house counsel to strengthen ties among younger international arbitration and ADR community members. Often hosted by a law firm, ICC YAAF events are dynamic and usually feature networking and social opportunities. As in past years, it is also possible to hold the events virtually and hybrid, to eliminate the burden of geographical frontiers and attract larger attendance. Dr Greg Lourie, currently Counsel at the ICC International Court of Arbitration, was ICC YAAF Representative for Europe and Central Asia from 2021 to 2022. Commenting on his mandate, he said: “Becoming an ICC YAAF Rep was a career-defining experience for me. It’s not just a position; it’s a gateway to a global community where your voice matters. Through YAAF, I gained invaluable skills, expanded my network, and opened doors to new opportunities. I wholeheartedly recommend young arbitration practitioners to apply and contribute to shaping the future of international arbitration.” Practitioners interested in becoming ICC YAAF Representatives can submit their applications through our dedicated application website , where they can also find the requirements for the position. Open to young dispute resolution practitioners aged 40 and under, ICC YAAF provides a range of opportunities for individuals to gain knowledge, develop skills, build networks, and garner a better understanding of ICC’s Dispute Resolution Services. The global ICC YAAF network connects over 37,400 practitioners across seven Regional Chapters in Africa, Middle East , North Asia, South Asia, Europe and Central Asia, Latin America and North America. Learn more about the ICC Arbitration and ADR Forum (YAAF) or contact your regional Head of Chapter. Previous Next