ICC Russia Focus area

The ICC organizational structure comprises the headquarters in Paris and national committees which unite the leaders of business circles of almost 90 countries.

Currently ICC has a status of:

●    a UN official consultative body;

●    an official partner of the G7 Summit;

●    a collective consultative body of the biggest international organizations: WTO, the World Bank, European Bank for Reconstruction and Development etc.

The most important activity of ICC is developing the practice of international arbitration. ICC stood at the origins of the institute of international arbitration bodies and remains the main propellant force of developing procedures which are applied in the international practice of dispute resolution. 

For almost 90 years since its foundation in 1923, the International Court of Arbitration of the International Chamber of Commerce (ICA ICC) has developed a high reputation as the most impartial, equitable and fair centre of international arbitration. Today the ICC International Court of Arbitration is one of the most respected and highly effective institutions for resolving business disputes.

The leaders and experts of the ICC member organizations develop unified international rules of doing business. They determine the position of the business community on a wide range of issues starting with trade, investment policy and sustainable development and ending with vital technical and industry-specific problems. 

The work of these experts is mainly concentrated in specialized international ICC commissions.

The key practical results of the work in this organization are as follows:

●    the functioning of the ICC International Court of Arbitration;

●    unified rules regulating the international practice of banking transactions while performing documentary operations (UCP, URDG, URC, URR etc.);

●    Incoterms® - international rules on the interpretation of the most widely used terms regarding external trade;

●    ICC Commercial Crime Services (CCS) – the ICC Service of fighting economic crimes;

●    the international initiative BASCAP (Business Action to stop Counterfeiting and Piracy) - Business action in opposition to the spread of counterfeiting and piracy;

●    the international initiative BASIS (Business Action to Support Informational Society) – Business in support of information society.

2015 kickstarted a new focus area - the ICC Academy. This project set a new standard for professional training. The education process, based on cutting-edge information technologies, allows the ICC Academy to apply the latest business-oriented educational methods. The process is designed to ensure that students unlock their potential to the greatest extent in an atmosphere of trust, and in conformity with the fundamental norms of business competition and ethics. The ICC Academy is established in partnership with the International Enterprise (IE) Singapore - a governmental institution which fosters international trade and facilitates a better integration of Singaporean companies into world business.

The objectives of ICC are the creation of favourable conditions for trade, services development and attracting investment into developed and developing countries while observing the rules of unrestricted and fair competition.