Tag: ICC

In the Financial Times, John WH Denton, ICC Secretary General, encourages WTO reform and sustainable trade rules

Writing for the Financial Times, John WH Denton, International Chamber of Commerce (ICC) Secretary General, remarked that the current rules-based multilateral trading system has created unprecedented job creation and poverty alleviation. Following the US administration’s decision to impose steel and aluminium tariffs on its trading partners, Denton warned of the dangers of not keeping protectionist …

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Digitalising trade process can mitigate potential $77.6bn Brexit fall-out, says ICC UK Secretary General on BBC World News

How will channel tunnel border checks change when Britain leaves the EU? Speaking on BBC World News, ICC United Kingdom Secretary General Chris Southworth explains what post-Brexit changes might mean for the $150 billion – or 17 percent – of goods that head into and out of the United Kingdom’s port of Dover every year. …

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For BBC Radio 4, ICC United Kingdom’s Chris Southworth explains implications of US-China tariffs

Following the US decision to implement tariffs of up to 25% on 1,333 Chinese products, China  announced its decision to also impose tariffs of up to 25% on 128 US imports (including pork and wine), worth approximately US$3 billion in value. For BBC Radio 4, Chris Southworth, International Chamber of Commerce (ICC) Secretary General argues …

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ICC United Kingdom’s Chris Southworth discusses EU ‘digital tax’ on BBC News

Following the European Union’s proposal to implement a three percent tax on tech companies with global revenues over US$750m globally and $50m in the EU, BBC News’s Vishala Sri-Pathma‏ asks Chris Southworth, Secretary General of the International Chamber of Commerce (ICC) United Kingdom, his thoughts on the ruling. Southworth explains that the most important issue regarding …

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ICC’s Chris Southworth discusses implications of US tariffs on BBC World News

Following the US decision to implement tariffs on Chinese steel and aluminum, BBC World News talks to the International Chamber of Commerce (ICC) United Kingdom’s Chris Southworth, Secretary General, regarding what these tariffs would mean for the global economy and the possibility of a global trade war. Southworth explains, “this is an issue for global supply chains well …

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ICC United Kingdom’s Chris Southworth interviewed on BBC Radio 4

Following Prime Minister Theresa May’s latest statement on trade with the EU post-Brexit, BBC Radio 4’s Charlotte Smith and Chris Southworth, Secretary General of the International Chamber of Commerce United Kingdom, discuss what May’s “hard facts” mean for the UK’s food and drink sector. Southworth explains that, in light of May’s speech, a five-10 year transition …

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BNY Mellon’s Dominic Broom writes for the ICC United Kingdom’s Trade Finance Conference

Although global trade has seen a decade of sluggish growth following the 2008 financial crisis, a recent rise in economic activity – particularly in Southeast Asia and certain Latin American markets – is increasing expectations for a resurgence in global trade growth. Yet two factors will be instrumental, Dominic Broom, BNY Mellon’s Global Head of …

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On the ICC’s blog, S&P offers its perspective on green finance and COP23

With environmental disasters becoming an increasing risk, businesses and policymakers around the world are sitting up and taking note of the effects of climate change on trade. Spurred by the 2015 Paris Agreement, carbon-reductive practices in energy and infrastructure – and the necessary financing – are rising, with green bond issuance nearly doubling in 2016 …

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ICC Banking Commission’s Olivier Paul on technology and trade finance in The Banker

Ahead of their latest edition, The Banker recently interviewed Olivier Paul, ICC Banking Commission’s Head of Policy. The cover article, “Is technology enough to plug the SME financing gap?” explores how developing standards around digital transactions and reforming regulation will be crucial in encouraging technology to support SME trade financing. In particular, technology has a …

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ICC Banking Commission’s Dave Meynell on the digitalisation of trade finance in International Banker

What next for the digitalisation of trade finance? Dave Meynell, Senior Technical Adviser at ICC Banking Commission sheds light on the transformations underway in the latest edition of International Banker. In the article, Dave examines the benefits of digitalising the trade finance industry for corporates and organisations – but also at the macroeconomic level. He …

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