Geopolitical tensions, trade barriers, and regulatory uncertainty continue to shape the
international business landscape. Tariffs are increasing, supply chains are under pressure, and new EU regulations are redefining sustainability expectations. In this evolving environment, businesses must remain agile and proactive.
At ICC, we see these challenges as a call to engage, not retreat. Whether through trade
facilitation, arbitration, or sustainable trade finance, our mission is to help businesses navigate
complexity and advocate for open markets. This was the key message of Philippe Varin, chair of
the International Chamber of Commerce during his visit to the Netherlands last month.
Key Themes This Month:
Geopolitics & Trade Tensions: How will economic nationalism and tariffs impact global business?
Read our interview with Bart Jan Koopman for insights into 2025 trade developments.
Sustainability & Compliance: The EU Omnibus Proposal is redefining ESG reporting. Should
businesses scale back compliance efforts or strengthen their sustainability strategies?
The Future of Trade Rules: Despite regulatory uncertainty, progress is being made in trade
digitalization. The long-overdue reform to recognize Digital Trade Documents in the Netherlands is
finally moving forward
Key Developments:
• Trade finance is evolving to support sustainable supply chains. This month, Standard Chartered
became the first international bank to fully align with ICC Principles for Sustainable Trade
Finance, setting a precedent for greater transparency, due diligence, and accountability. More
financial institutions are expected to follow.
• Growing reliance on ICC dispute resolution – New 2024 figures show that businesses are
turning to ICC arbitration and mediation more than ever, especially for B2G disputes. The 20th
ICC International Commercial Mediation Competition also kicked off in Paris, highlighting
the increasing role of mediation in resolving global business conflicts. Read our interview with
Jeremy Lack on the evolving landscape of mediation.
• ICC remains committed to free trade – As the G20 Presidency moves to South Africa, ICC sees
new opportunities for international cooperation. John Denton, ICC-WBO Secretary General,
emphasizes: “As the first African nation to hold the G20 Presidency, South Africa has a unique
opportunity to build coalitions and revitalize the multilateral trading system.”
Stay Engaged & Informed
ICC Strategic Priorities
1. Tackling Trade Barriers
2. Promoting Access to Justice, Integrity, and Rule of Law
3. Advancing Climate Action and Sustainability
4. Accelerating Trade Digitalization
5. Strengthening Multilateralism