ABSTRACT

Since the Proposals for Expansion of World Trade and Employment were issued by the United States Government in December, 1945, the International Chamber of Commerce has given active support and cooperation to the efforts of the United Nations to establish an effective Charter for an International Trade Organisation. In three successive reports first to the London and Geneva Sessions of the Preparatory Committee and finally to the Havana Conference itself, the ICC has emphasised the great need for the world of a code of international behaviour in the field of trade and employment policy and of an organisation to watch over its application. The discussions leading up to the Havana Charter were overshadowed by three major problems which proved to be stumbling blocks in the way of the adoption of a liberal Charter for the promotion of international trade. These problems are: maximum employment and economic stability, the economic development of under-developed areas, and the disequilibrium of balances of payments.