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ICC History

ICC was founded in the aftermath of the First World War when no world system of rules governed trade, investment, finance or commercial relations.

Without waiting for governments to fill the gap, ICC’s founders acted on their conviction that the private sector is best qualified to set global standards for business.

HISTORY AT A GLANCE

  • 1919

     

    A handful of entrepreneurs decided to create an organization that would represent business everywhere

  • ICC establishes the International Court of Arbitration

     

    1923

  • 1933

     

    ICC publishes first rules for the Uniform Customs and Practice for Documentary Credits (UCP)

  • ICC publishes first edition of the Incoterms© rules featuring six trade terms

    1936

  • 1944

    ICC represents Business at the Bretton Woods Conference which proposed the creation of an International Trade Organization to establish rules and regulations for International trade

  • ICC is the only private sector organization granted accreditation to the Conference on International Organization (UNCIO), a convention resulting in the creation of the UN Charter

    1945

  • 1977

    ICC becomes first business organization to issue anti-corruption rules

  • ICC renames its International Bureau of Chambers of Commerce the World Chambers Federation

    2001

  • 2003

    ICC becomes signatory of the UN Global Compact

  • Upon request of the WTO Director General, ICC launches report to analyse trade finance shortages and possible measures to address the problem

    2008

  • 2015

    The ICC Academy is launched to promote the high standards of excellence in global professional education ICC co-launches Global Alliance for Trade Facilitation to support effective implementation of the WTO’s Trade Facilitation Agreement

  • ICC granted Observer Status at the United Nations General Assembly

     

    2016

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Welcome Note

It is with great pleasure that we announce the launching of the new version of the ICC-Lebanon website, an informative platform to keep you updated with the most recent news of the Lebanese National Committee, and the economic themes covered by ICC the World business Organization.

ICC represents the Lebanese private sector in the international community and we are happy to enhance our presence through the various contributions in the different tasks that ICC aims to highlight, undertake and develop.

Over the years, we constantly endeavor to offer the best services to our members of different backgrounds and sectors, from local networking to international contacts. This was effectively achieved by hosting regional and international events, assisting our members within the global business community, in addition to introducing them to the ICC international experts in every field, by proposing candidates for the different Commissions and Task-Forces.

More over our presence internationally has received recognition, as the ICC selection committee approved the membership of Dr. Nayla Comair Obeid as a member of the ICC Executive Board for a mandate of three years upon the recommendation of ICC-Lebanon.

On the eve of our Golden Jubilee, ICC Lebanon aims to attract more members from different economic sectors. We pride ourselves on the rapid expansion of the members of our arbitration community which has expanded significantly in the last decade. We now aim at similarly expanding our network to the different Chambers, joint Business Councils and Business Associations, in order to set a platform for Lebanese businesses, where they can find the needed support and assistance to establish their businesses or to connect with their local or international counterparts.

Our plan for the coming years, despite the critical circumstances we are passing through, is to re-activate the pivotal economic role that Lebanon has played in the region. This mission requires coordination with the different players in the Lebanese scene and ensure an effective cooperation with our colleagues from all over the world.

 

 

Wajih Bizri Yusuf Kan’an
President Secretary General