Prepared by the ICC Commission on Commercial Law and Practice
Free download English Version: ICC Principles to Facilitate Commercial Negotiation
Free download French Version: Recommandations d’ICC pour faciliter la négotiation commerciale
Directed at small, medium or large businesses across many sectors, the International Chamber of Commerce Principles to Facilitate Commercial Negotiation are a short set of principles to help negotiators conduct smooth and efficient commercial negotiations.
In today’s multicultural business world, it can often be challenging for parties to come to a successful mutual agreement due to dissimilarities in interests, legal practice, traditions or negotiating styles and experience.
The International Chamber of Commerce Principles have been built around the idea that a successful negotiation should be based on the values of respect and trust, as well as mutual interest. They have been developed with the help of international negotiating experts and can be used in the context of a wide variety of different business deals. The Principles may be used as a checklist of considerations to take into account when preparing for a negotiation, as a basic set of guidelines to agree on with negotiating partners, or a benchmark for guiding a party’s own conduct during the negotiation process, with the aim of concluding sustainable business deals that confer the advantages of international trade on all parties.
The International Chamber of Commerce Principles to Facilitate Commercial Negotiation are available free of charge here. Additionally, you can consult the range of ICC Publications relevant to this topic, including a variety of model contracts; the Incoterms® rules; ICC rules on documentary credits (UCP) and guarantees (URDG) and the ICC Rules on Arbitration and Mediation.
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