What is the role of the International Chamber of Commerce in international trade?

The International Chamber of Commerce (ICC) is a global organization that plays a key role in international trade law. Established in 1919, the organization is dedicated to promoting trade and investment, providing legal expertise and developing global trade rules. The ICC helps to ensure that countries comply with international trade laws and regulations, and provides arbitration and other dispute resolution services for businesses. The organization also works to improve the quality and competitiveness of global markets, helping to promote economic growth and development. By encouraging market liberalization and providing guidance on the development of global trade and business regulations, the ICC helps to create a regulatory framework that makes it easier and safer for businesses to trade in foreign markets. The ICC also works to ensure that the rights of consumers and producers are protected, and to promote fair trade practices. This includes providing guidance on topics such as intellectual property, labor laws, product safety, and environmental protection. The ICC plays an important role in promoting international trade and investment, and is also involved in promoting international economic stability and development. The organization works to ensure that businesses operating across borders, and individuals and companies that engage in international trade, are not subject to unfair or discriminatory practices.

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What is the role of the International Chamber of Commerce in international trade?

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