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Benefits of ICC membership for Chambers of Commerce

Relevance


The most relevant aspect of the ICC 's work to chambers of commerce is the clarification and simplification of trade procedures , which are vital to exporters and importers.

The ICC's work in this field is an essential element of the service provided by Chambers of Commerce to their members who are involved in international trade. By systematic use of the ICC's products and services, Chamber members can reduce many of the problems encountered in trading internationally , minimise costs and improve their cash flow.

The most widely used ICC rules


- ICC incoterms 2000 (terms of trade for international contracts)
- UCP 500 (Uniform Customs and Practice for Documentary Credits)
- ICC Uniform Rules for Collections (URC 522)

Other aspects of the ICC 's work


- Agency agreements
- ATA Carnets (temporary imports)
- combined transport documents
- contract guarantees
- Distribution agreements
- International marketing practices
- Performance bonds
- reshipment inspection
- Standby letters of credits


These are some aspects of the ICC's work which are of the most immediate benefit to members of local chambers of commerce . However, there are a number of otherpolicy areas which are just as important to members in the long-term . The most obvious examples are the ICC's activities in the area of trade liberalisation , to overcome the obstacles to electronic commerce, and the promotion of good environmental management .

Involvement


Because all these aspects of the ICC's work are subject to constant improvement through revisions and updates, it is important for local Chambers of Commerce to contribute and keep closely informed about future changes. From the chief Executive down , the staff of Chambers of Commerce can keep in touch with all aspects of the ICC's work , and attend and contribute to United Kingdom meetings on relevant subjects.

Publications


Much of the ICC's trade facilitation work provided in the form of official printed publications, which are essential to professional traders. Large number of these are required reading for courses run by the Institutes of Banking and Export.

ICC publications are sold at large discounts to members of ICC United Kingdom . An increasing numbers of local Chambers of Commerce stock and promote the best sellers in the range. This enhances the service they can provide to their members, and generates a substantial profits. In good years , this has meant that Chambers of Commerce have been able to recoup the cost of their membership several times over.

Membership


Chambers of Commerce from over 120 countries are members of the ICC . The vast majority of these have members who conduct trade internationally. Some are also involved in the work of the international Bureau of Chambers of Commerce, another ICC agency.
For more information, please contact:
ICC United Kingdom
12 Grosvenor Place
London SW1X 7HH
Tel: 020 7838 9363
Fax: 020 7235 5447
Email: katharinededezade@iccorg.co.uk

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