Largest global trade finance meeting in Dubai
dubai — The Dubai Chamber of Commerce and Industry will host the first 2014 meeting of the International Chamber of Commerce, or ICC, Banking Commission meeting from April 27 to 30 at the Dubai Chamber’s auditorium, under the title, “Dubai 2014 – Gateway to Sustainable Trade and Development”.
This important biannual meeting of the ICC Banking Commission, being held in Dubai for the second time, will attract over 300 global delegates and will be jointly organised by the Dubai Chamber and the ICC Banking Commission.
Hamad Buamim, president and chief executive officer of the Dubai Chamber, said that this prestigious meeting of global banking and finance industry leaders is once again being held in Dubai and will directly help in promoting the emirate as a major centre for international exhibitions, events and conferences.
It will seal Dubai’s position as a leading global trade and finance hub while offering a fitting platform for global and local experts to exchange views and ideas as well as discuss the issues facing their sector.
This strategic event will also allow the Dubai Chamber to consolidate its cooperation ties with the ICC Banking Commission whom the Dubai Chamber represents in the Mena region, he said.
“Over the past 83 years, the ICC Banking Commission has established itself as the pre-eminent global forum for the trade finance industry and is playing an increasingly influential role in drafting rules and standards adopted by business at large,” said Kah Chye Tan, chair of the ICC Banking Commission. “Our meeting presents participants with a unique opportunity for learning and networking with their peers and for engaging in thoughtful discourse on prevailing banking topics and on the industry as a whole,” he added.
Participants in the four-day meeting will discuss the challenges the industry faces in providing trade finance services around the world.
Discussions will be structured around strategic themes for the ICC Banking Commission, notably: global outlooks on markets, harmonising business practices, developing common terminology for supply chain finance and the impact of Know Your Customer, or KYC, regulations and sanctions on business.