A B C D E F G H I J K L M N O P Q R S T U V W Z

ICC International Chamber of Commerce

Founded in 1919 and headquartered in Paris, France, ICC is the most important world business organization. Its role is to promote free trade and private enterprise, and to represent business interests at national and international levels. ICC has drawn up…

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ICC International Court of Arbitration

The ICC International Court of Arbitration was created in 1923 as the arbitration body of the International Chamber of Commerce. The ICC Arbitration has administered nearly 30.000 cases involving parties and arbitrators from some 180 countries. ICC arbitration has been…

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Import

1. To receive goods and services from abroad. 2. An imported item.

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Import substitution

A strategy that emphasizes the replacement of imports with domestically produced goods, rather than the production of goods for export, to encourage the development of domestic industry.

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Importer

The individual, firm or legal entity that brings articles of trade from a foreign source into a domestic market in the course of trade. A party responsible for customs clearance of imported goods. Some countries define importer as the party…

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