Strengthening multilateral trading system, ICC's key focus
Follow-up G20 Summit in September:
The International Chamber of Commerce (ICCs) key message at the G20
Summit held in London recently focused on strengthening the multilateral
trading system, resisting protectionism and increasing the availability
of trade finance.
The ICC also stressed the need for an early conclusion of the Doha
Round which would help restore confidence around the world, said
Chairman, ICC Sri Lanka Tissa Jayaweera.
He said that the ICC unleashed a strategic, coordinated and
multi-level campaign in an effort to highlight the importance of trade
in the global economy and to make a significant impact on the G20
He said that the General Secretary ICC, Guy Sebban had informed him
that the ICC hopes to schedule another summit in September this year
which will ensure the follow up to the decisions taken in London.
The General Secretary said that the action taken by the Summit to
address key trade issues were very positive and the G20 countries agreed
to tackle the issues through multilateral institutions, thereby
acknowledging that global problems require global solutions.
In the process, the G20 moved closer towards becoming a formal
institution that represents the reality of the new world economic order.
Sebban had said that while the G20 promised to conclude the Doha Round,
the pledge to fight protectionism in all its forms, and the public
support for the monitoring system established by the World Trade
Organization to publicize violations were most welcome, the ICC must
remain vigilant in its advocacy work to help encourage leaders to take
The G20 campaign has been an excellent occasion for the ICC to be
recognized as the voice of global business and to promote its mission
and brand. He hoped that the ICC will remain the leading voice of