Istanbul, 6 March 2012 – The International Chamber of Commerce (ICC), under the umbrella of its G20 Advisory Group, held consultations with local business leaders on G20-related policy issues yesterday. The meeting gathered policy priorities from CEOs operating in the Eastern Europe and Middle East region for contribution to the June 2012 G20 Summit in Los Cabos, Mexico. The meeting was hosted by Rifat Hisarciklioglu, a leading member of the ICC G20 Advisory Group and President of the Union of Chambers and Commodity Exchanges of Turkey (TOBB).   “This consultation is part of our effor

Paris, 28 February 2012 – Business around the world has an increasingly influential role to provide input to G20 decisions regarding economic growth, job creation and open trade and investment. But what is the G20 and what exactly does it do? A new business guide published by the International Chamber of Commerce (ICC) sets out to help business leaders and policymakers better understand the G20 process and identify the impact that G20 developments may have on global business.   The guide traces the origins of the G20 and explains its transformation into the

  New research by the International Chamber of Commerce (ICC) and the International Monetary Fund (IMF) has revealed a largely pessimistic outlook for the demand for trade finance products in 2012.   Based upon inputs received from 337 financial institutions responding to a joint ICC-IMF survey, the findings also show a two-speed financial system: For emerging Asia the outlook is the strongest, while the Euro area is the weakest.   “Around 60% of the respondents indicated that the demand for trade in Asia will show improvement in 2012, while cl

Pirate attacks against vessels in East and West Africa accounted for the majority of world attacks in 2011, signalling a rising trend, the International Chamber of Commerce (ICC) International Maritime Bureau’s (IMB) global piracy report revealed today. Of the 439 attacks reported to the IMB in 2011, 275 attacks took place off Somalia on the east coast and in the Gulf of Guinea on the west coast of Africa.   The report showed a slight drop in the total number of recorded incidents of piracy and armed robbery  worldwide, comparing the 439 recorded incidents of piracy and armed