Speaking about ICC Bangladesh
Tuesday, 13 April 2010
ICC Bangladesh, established in 1994, is comprised of major chambers of commerce, business associations, stock exchange, banks, non-banking financial institutions, transnational companies, law and accounting firms and large corporate houses having significant interest in international business.
Since its inception, ICC Bangladesh (ICCB), the National Committee of the International Chamber of Commerce, The world business organisation has been working closely with the government of Bangladesh in reforming laws and rules that govern business and liberalising trade to integrate Bangladesh with global market place include promotion of market economy, foreign trade and investment.
ICCB has been actively engaged in modernisation of Arbitration Act, introduction of ATA Carnet system in Bangladesh, modernisation and simplification of tax laws, Customs Act and its application, developing of Information Technology Act and establishment of Bangladesh Foreign Trade Institute (BFTI).
The National Committee has, in the meantime, organised three international conferences, namely ICC Asia Conference in 2000, Global Economic Governance and Challenges of Multilateralism in 2004 and Regional Seminar on Capital Market Development: Asian Experience in 2005. All these events have been attended by a galaxy of leaders including heads of governments and ministers from developed, developing and least-developed countries as well as heads of multilateral organisations including WTO and EU.
Besides, high level delegation from ICC Bangladesh has always been attending almost all important events of ICC, Paris including World Congress, World Chambers Congress, World Business Summit etc.
Since 2008 ICC Bangladesh has been hosting two specialised Examinations sponsored by the International Finance Corporation (IFC) and ifs School of Finance, UK for development of professional skills of bankers and those dealing with international trade.
ICC is the world business organisation, a representative body that speaks with authority on behalf of enterprises from all sectors in every part of the world.
The fundamental mission of ICC is to promote trade and investment across frontiers and help business corporations meet the challenges and opportunities of globalisation. Its conviction that trade is a powerful force for peace and prosperity dates from the organisations origins early in the last’-century. The small group of far-sighted business leaders who founded ICC called themselves “the merchants of peace.”
ICC has three main activities: rules-setting, dispute resolution and policy. Because its member companies and associations are themselves engaged in international business, ICC has unrivalled authority in making rules that govern the conduct of business across borders. Although these rules are voluntary, they are observed in countless thousands of transactions every day and have become part of the fabric of international trade.
ICC also provides essential services, foremost among them the ICC International Court of Arbitration, the world’s leading arhitral institution. Another service is the World Chambers Federation, ICC’s worldwide network of chambers of commerce, fostering interaction and exchange of chamber best practice.
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 vital technical and sectoral subjects. These include financial services, information technologies, telecommunications, marketing ethics, the environment, transportation, competition law and intellectual property, among others.
ICC enjoys a close working relationship with the United Nations and other intergovernmental organisations, including the World Trade Organisation and the G8.
ICC was founded in 1919. Today it groups hundreds of thousands of member companies and associations from over 130 countries. National committees work with their members to address the concerns of business in their countries and convey to their governments the business views formulated by ICC.
Since its inception, ICC Bangladesh (ICCB), the National Committee of the International Chamber of Commerce, The world business organisation has been working closely with the government of Bangladesh in reforming laws and rules that govern business and liberalising trade to integrate Bangladesh with global market place include promotion of market economy, foreign trade and investment.
ICCB has been actively engaged in modernisation of Arbitration Act, introduction of ATA Carnet system in Bangladesh, modernisation and simplification of tax laws, Customs Act and its application, developing of Information Technology Act and establishment of Bangladesh Foreign Trade Institute (BFTI).
The National Committee has, in the meantime, organised three international conferences, namely ICC Asia Conference in 2000, Global Economic Governance and Challenges of Multilateralism in 2004 and Regional Seminar on Capital Market Development: Asian Experience in 2005. All these events have been attended by a galaxy of leaders including heads of governments and ministers from developed, developing and least-developed countries as well as heads of multilateral organisations including WTO and EU.
Besides, high level delegation from ICC Bangladesh has always been attending almost all important events of ICC, Paris including World Congress, World Chambers Congress, World Business Summit etc.
Since 2008 ICC Bangladesh has been hosting two specialised Examinations sponsored by the International Finance Corporation (IFC) and ifs School of Finance, UK for development of professional skills of bankers and those dealing with international trade.
ICC is the world business organisation, a representative body that speaks with authority on behalf of enterprises from all sectors in every part of the world.
The fundamental mission of ICC is to promote trade and investment across frontiers and help business corporations meet the challenges and opportunities of globalisation. Its conviction that trade is a powerful force for peace and prosperity dates from the organisations origins early in the last’-century. The small group of far-sighted business leaders who founded ICC called themselves “the merchants of peace.”
ICC has three main activities: rules-setting, dispute resolution and policy. Because its member companies and associations are themselves engaged in international business, ICC has unrivalled authority in making rules that govern the conduct of business across borders. Although these rules are voluntary, they are observed in countless thousands of transactions every day and have become part of the fabric of international trade.
ICC also provides essential services, foremost among them the ICC International Court of Arbitration, the world’s leading arhitral institution. Another service is the World Chambers Federation, ICC’s worldwide network of chambers of commerce, fostering interaction and exchange of chamber best practice.
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 vital technical and sectoral subjects. These include financial services, information technologies, telecommunications, marketing ethics, the environment, transportation, competition law and intellectual property, among others.
ICC enjoys a close working relationship with the United Nations and other intergovernmental organisations, including the World Trade Organisation and the G8.
ICC was founded in 1919. Today it groups hundreds of thousands of member companies and associations from over 130 countries. National committees work with their members to address the concerns of business in their countries and convey to their governments the business views formulated by ICC.