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The International Chamber of Commerce (ICC), whose headquarter is in Paris, was established in 1919 due to the lack of a system to regulate international trade, investment, finance and commercial relations in the world. In 1923, the International Arbitration Court was established as the arbitration body of the ICC for the resolution of international trade disputes. Agricultural Credit Cooperatives of Turkey is a member of the ICC, representing 45 million companies in over 100 countries.