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Published on Feb 2, 2015
ICC is the world business organization. We promote open international trade and investment through our network of 6 million companies, chambers of commerce and business associations in more than 130 countries. Our three main areas of work are rule setting, dispute resolution, and policy advocacy.
ICC also provides essential services, foremost among them the ICC International Court of Arbitration, the world’s leading arbitral institution. Other services include the ICC World Chambers Federation, a worldwide network of chambers of commerce, fostering interaction and exchange of chamber best practice, and the International Maritime Bureau, monitoring piracy on the high seas. ICC also offers specialized training and seminars and is an industry-leading publisher of practical and educational reference tools for international business, banking and arbitration.
Business leaders and experts drawn from the ICC membership establish the business stance on broad issues of trade and investment policy as well as on relevant technical subjects. These include anti-corruption, banking, the digital economy, marketing ethics, environment and energy, competition policy and intellectual property, among others.
ICC is also the creator of Incoterms, the three-letter trade terms, such as FOB (Free on Board), that are used in contracts worldwide to define the responsibilities of the buyer and seller.
ICC works closely with the United Nations, the World Trade Organization and intergovernmental forums including the G20.
At ICC, everything we do is rooted in our core mission to promote cross-border trade and investment, helping businesses to meet the challenges and opportunities of globalization. Our conviction that trade is a powerful force for peace and prosperity dates from the organization’s origins early in the 20th century. The small group of far-sighted business leaders who founded ICC called themselves “the merchants of peace”.
ICC was founded in 1919. Its global headquarters is in Paris.