India on International Chamber of Commerce 1987

A commemorative postage stamp on the 29th Congress of the International Chamber of Commerce (I.C.C.), New Delhi :

1062 International Chamber of Commerce [India Stamp 1987Issued by India

Issued on Feb 11, 1987

Issued for : The Department of Posts is happy to issue a special stamp on 29th Congress of the international chamber of commerce.

Description of Designs : The 500 p multicolour stamp has been designed by India Security Press, Nashik Road, based on the design given by FICCI. The cancellation has been designed by Miss Nenu Bagga.

Type : Stamp, Postal Used

Colour : multicolor

Denomination : 500 Paise

Overall size : 3.91 x 2.90 cms.

Printing size : 3.55 x 2.54 cms.

Perforation : 13 x 13

Paper : Imported unwatermarked adhesive gravure stamp paper

Number Printed : 15,00,000

Number per issue sheet : 35

Printing Process : Photogravure

Printed at : India Security Press

About : 

  • The International Chamber of Commerce is the world organisation of business known as ICC, it speaks for over 7,000 individual corporations, plus hundreds of industrial and trade associations in five countries. Its National Committees, which operate in each of the countries in its membership represent ICC views to their governments and alert ICC to national business concerns. Direct members in 50 other nations make ICC truly representative of business around the world.
  • The basic thrust of ICC activities is on broadening the base of the economy worldwide, strengthening the forces of competition, the removal of barriers to trade and encouragement of investment and transfer of technology on an equitable and fair basis. It has shown increasing concern for protection of the environment and self-regulation of business. From the point of view of developing countries, the unfettered commitment of ICC to removal of protectionism is crucial. Through its policy work, its range of practical services and its effective representation of legitimate business interests at highest government and intergovernmental levels, the ICC offers an unmatched opportunity for world business to help shape the international economic environment.
  • It is in recognition of its standing and the useful work done that the United Nations has granted it ‘A’ category consultative status. The ICC actively participates in intergovernmental conferences and through special liaison officers maintain close interaction with the UN agencies. In addition, the ICC closely follows events with the International Monetary Fund, the World Bank, GATT, and other bodies.
  • The triennial Congress of the ICC is an excellent vehicle to bring together to a common fora, business leaders, academicians, political leaders and government dignitaries to debate matters of mutual interest.
  • The 29th Congress scheduled in India from 11-13 February 1987 came at an opportune time. India has taken tremendous strides in agriculture, industry and commerce, science and technology. The country is being prepared for the 21st century. Policies and programmes are being re-oriented keeping in view the capabilities and capacities built up. Foreign delegates would thus be able to garner first hand impressions of the developments, and also explore the scope for tie-ups and collaborations with Indian industry and trade. A special Seminar on ‘Doing Business in India’ would provide a “window” to the foreign participants.
  • The Congress theme of “The Dynamics for Global Progress: competitive enterprises, open trade, investment and technology flows” thus assumes significance.
  • The hosts are the Indian National Committee of the ICC, and the Federation of Indian Chambers of Commerce and Industry. The FICCI, established in 1927, celebrates its Diamond Jubilee this year, and the Congress is a fitting event to reflect the growing stature of the FICCI and the international dimension of its work. The Indian National Committee set up in 1929, is one of the oldest members of the ICC, and its most active. It has provided a President to the International Chamber of Commerce, and its contribution to the work of ICC has been appreciated in its fora.

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