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Oceanic partners ICC to boost global trade transactions

By Michael Eboh
Oceanic Bank International Plc has entered into a strategic partnership with the International Chamber of Commerce (ICC) with the aim of promoting increased local participation in  regional and global trade ventures.

To this end, according to a statement by the bank, it is hosting the 11th Annual General Meeting of the ICC, scheduled to hold in Lagos, Nigeria, Thursday, June 10, 2010.

The bank further noted that Prince Kunle Quadri, President and Chairman of Council, Chartered Institute of Taxation of Nigeria (CITN), will, before the commencement of the meeting, present a paper on ways to evolve taxation policies and strategies to elevate the economy.

The bank stated that the event will provide a platform for members of the chamber to compare notes on topical trade issues and strategies to enhance productivity in domestic and global trade.

“Hosting the ICC AGM is our contribution to ongoing efforts geared towards enhancing robust local participation in gainful regional and global trade ventures,” the bank’s management stated.

According to the Secretary-General, ICC Nigeria Mrs. Osuntuyi, the AGM will review ICC’s activities and achievements and deliberate on strategic approach of enhancing the skills of members.

She stated that ICC Nigeria, in the year under review, held workshops and training programmes on Uniform Custom Practice (UCP 600) and International Standard Banking Practice (ISBP), as well as the International Finance Corporation’s (IFC) Finance of International Trade (FIT) Initiative practical three months e-learning programme.

She said, “The important goals of the training was to train and certify international trade finance professionals in their core area of expertise and thus enhance their productivity in their day-to-day roles and to build an online global network of international trade and finance professionals who will share knowledge and experience on an online platform specifically developed for the programme – a powerful tool in the resolution of common trade finance queries and issues.

“ICC rose to the challenge posed by the global economic recession by making known the view of the international business at the highest governmental levels, most especially the G20, which serves as the premium forum for establishing international economic policy.

“Amongst others, ICC represented world business in a number of international summits throughout the year, including the Internet Governance Forum, the Fifth Global Congress on Combating Counterfeiting and Piracy, and the 15th Conference of the Parties to the United Nations Framework Convention on Climate Change in Copenhagen.


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