ICC's Commission on Trade and Investment

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The mandate of the Commission on Trade and Investment Policy is to break down barriers to international trade and investment so that all countries can benefit from improved living standards through increased trade and investment flows.

Climate indicator rises but concerns remain on strength of recovery

Paris, 17 February 2010

The World Economic Climate Indicator rose in the first quarter of the year for the fourth consecutive time due primarily to positive assessments of the current economic situation in Asia, but the expectation of a continued rise in unemployment, and other factors, raised concerns about the strength of the recovery.

ICC chairman expresses concerns on economic growth; protectionism
Singapore, 13 November 2009 ICC Chairman Victor K. Fung today expressed concern over the sustainability of the current economic recovery and warned against an increase in protectionist moves that he said will only prolong the current downturn.

ICC trade policy experts meet WTO Ambassadors in Geneva
Geneva, 2 October 2009 The ICC Commission on Trade and Investment Policy, holding its biannual meeting in Geneva this week, heard from selected chairmen of the Doha Round negotiating groups to discuss the latest status of the negotiations, notably in the fields of rules, services and trade facilitation.

ICC says G20 must find political will to conclude Doha Round
Paris, 29 September 2009 There is much to applaud in the communiqué from the Pittsburgh G20 Summit pledging to revive global trade, reject protectionism, boost trade finance, and refrain from imposing new barriers to investment on trade in goods and services.

ICC looks for rapid action on G8 pledge to conclude Doha trade negotiations in 2010
Paris, 10 July 2009 ICC welcomes the pledge by leaders of the G8 countries to conclude the Doha Round of trade negotiations in 2010.

Business leaders urge governments to reject protectionism
Beijing, 8 July 2009 ICC Chairman Victor K. Fung and other international business leaders gathered in the Chinese capital have released a statement urging governments to reject trade and investment protectionism and to promote greater global cooperation especially among political leaders of the major economies.

ICC Chairman addresses major Chinese economic conference
Beijing, 3 July 2009 ICC Chairman Victor Fung told a group of high-level international business leaders and government officials today that governments must avoid the temptation to seek isolation from the global recession through protectionist measures to restrict imports and foreign investment.

ICC calls on G8 to avoid economic nationalism
Rome, 12 June 2009 The G8 summit should resist pressures to resort to economic nationalism and should further strengthen international cooperation to meet the challenges posed by the global recession, climate change and product counterfeiting, ICC urged Italian Prime Minister Silvio Berlusconi today.