19 November 2014

International Chamber of Commerce - XXth Congress, New Delhi 1965

In 1919, a handful of entrepreneurs decided to create an organization that would represent business everywhere. 

The original nucleus of businessmen from five countries has expanded to become a world business organization with hundreds of thousands of member companies in more than 120 countries. Members include many of the world's biggest multinationals as well as small- and medium-sized companies.

Much of ICC's early impetus came from its first president, Etienne Clémentel, a former French minister of commerce. Under his leadership, the new organization's international secretariat was established in Paris. Mr Clémentel was also instrumental in creating the ICC International Court of Arbitration in 1923.

ICC provides a forum for businesses and other organizations to examine and better comprehend the nature and significance of the major shifts taking place in the world economy. They also offer an influential and respected channel for supplying business leadership to help governments manage those shifts in a collaborative manner for the benefit of the world economy as a whole.

The 20th Congress of the International chamber of Commerce met in New Delhi on the 8th February 1965, to discuss 'World Progress Through Partnership'. The Congress is held every two years and is a meeting ground for representatives of the leading industrial, commercial and financial enterprises of the world.

On this historic occasion when the Congress of the ICC was being held for the first time in India, the Posts and Telegraphs department issued a commemoration stamp. The motif adopted by the design of the stamp is the crest of the ICC on the left with the globe on the right.

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