The International Chamber of Commerce (ICC) is a global organization that promotes international trade and investment. The ICC supports businesses and governments by providing a platform for dialogue and cooperation, as well as a range of services and solutions.
One of the most important documents that the ICC offers is the International Chamber of Commerce Non-Circumvention and Non-Disclosure Working Agreement (NCNDA). This agreement is designed to protect the interests of businesses engaged in international trade and investment by preventing unauthorized disclosure and/or use of confidential information.
The NCNDA agreement is particularly useful for businesses that are looking to explore new international markets, as it helps to safeguard their intellectual property and trade secrets. The agreement ensures that any confidential information shared between parties is kept safe and secure, and that parties are prevented from disclosing or using that information for any unauthorized purposes. This can be particularly important when sharing sensitive information such as financial details, technical specifications, or sensitive trade secrets.
The agreement also includes provisions for non-circumvention, which means that parties are not allowed to bypass each other in direct dealings with any third parties that may be implicated in the business transaction. This provides further protection for businesses, as it helps to ensure that agreements made between the parties are honoured and that the parties are protected from any third-party interference.
Overall, the International Chamber of Commerce Non-Circumvention and Non-Disclosure Working Agreement is an invaluable tool for businesses looking to expand internationally. By protecting confidential information and preventing unauthorized disclosure and use, the agreement provides a solid foundation for businesses to build upon. Whether you are a small business looking to explore new markets or a multinational corporation seeking to expand globally, the ICC NCNDA can help to ensure that your business interests are protected and safeguarded.