It is an international organization whose function is to provide protection to companies to all countries around the world, with regard to commercial transactions, this is due to the fact that today a phenomenon that is known as interdependence, which is nothing more than the impact that the economy of a specific country will have effects on other economies, The International Chamber of Commerce was founded in France in 1919 establishing itself as an organization with its own personality and legal nature associative.
The main objective of this is to encourage investment and trade in general between different industries level worldwide, as well as support to put a face on each of the inconveniences and opportunities offered by economic globalization. To meet these objectives, this body has a broad set of members, which are business institutions located in more than 100 countries around the world, which carry out international procedures, other members also include organizations such as the chambers of commerce of each country..
The International Chamber of Commerce is also in charge of providing specialized services for companies at an international level, it must also determine the opinions of the organizations, companies and companies that intervene in international trade, as well as be the voice of business institutions before governments, intergovernmental organizations and other entities of international importance.
As mentioned above, one of its main objectives is to provide different services to companies, using for this it has created a group of institutions in charge of providing special services, such is the case of dispute resolution services, in charge of solving problems. commercial conflicts, within this is the so-called International Court of Arbitration. Another body may be the Institute of Commercial Law, in charge of providing and exchanging knowledge regarding commercial law and arbitration, that is, it functions as a kind of sourceof bilateral information, in which all provide information regarding commercial law. All of these agencies are simply charged with facilitating international trade and investment.
