Sept 2, 2013
INTERNATIONAL COOPERATION COMMITTEE (ICC)
Since the ICC has not only to overlook the matters pertaining to foreign investors, but also of local and foreign businessmen, hence the name of the Committee may correspond to this objective, I.E International Cooperation Committee (ICC).
The Riyadh Chamber of Commerce (RCCI) was formed in 1381 H. To fulfill Riyadh Chamber’s mission and to achieve its aims and objectives, the Board of Directors of the RCCI is authorized under its Articles of Association to do all lawful things, which may be conducive to the attainment of its aims and objectives, the Board has chosen to form the Inernational Cooperation Committee (hereinafter referred to as “ICC”) to help in meeting with the RCCI aims and objectives
II. Scope of the Committee
The scope of the ICC shall all be all issues relating to rules & regulation, facilitation of investments available, difficulties faced, guidance on commercial disputes and obtaining similar info from foreign countries and disseminating it amongst its members and the Saudi business community at large.
III. Adherence to RCCI Anti-trust/Competition Policy
The ICC shall in all of its activities respect and follow the RCCI policy to ensure its activities are in compliance with all applicable anti-trust and competition policy laws and regulations. The RCCI policy is available at the RCCI website.
IV. Purpose and Functions
The ICC shall :
1. Discuss and exchange all issues that come before the committee. Requests to address various issues may originate within the ICC, from staff, and from ICC members.
2. Recommend to the ICC on issues it judges worthwhile pursuing on behalf of RCCI. The ICC will evaluate such recommendations as part of ICC prioritization process. The ICC will not work on issues without the ICC's approval.
3. The ICC as part of its recommendations to its members and Board will estimate the resources required for ICC to carry out ICCe recommendations on issues. In addition, the ICC will develop for review a four (4) years strategic plan identifying future issues the ICC expects to address.
4. Creating such workgroups from the ICC membership as are necessary to effectively fulfill the ICC’s objectives.
5. Developing and fostering relationships amongst ICC members having an interest in specific issues.
6. Compiling, sharing and exchanging resources, knowledge, opinions and experience on issues amongst ICC members.
7. Developing links and facilitation between ICC members and those in local government authorities and communities (in public and private sectors) with an interest on ICC issues.
8. Invite / recruiting new industry peers to join ICC. Sharing and promoting best practices in industries and among its members
1) The ICC shall consist of no more than twenty (20) (ten Saudi and ten non-Saudi) members from the relevant business sector. Nominations for the ICC shall be made by the members subject to the approval of the Chairman of ICCommittee. No company shall have more than one representative on the Committee.
2) Members should be the head of the company/group or above and have five (5) or more years experience in the industry.
3) The term of the ICC shall correspond to the term of the RCCI Board of Directors. The ICC may review its make-up on an annual basis and implement any changes deemed appropriate including appointment of new members to replace old members to assure all full members have an opportunity to be represented.
4) The Chairman of the Board of RCCI shall appoint a member of the ICC to serve as Chairman upon the advice and counsel of the Committee. A Vice Chairman is appointed by the ICC and approved by the Chairman of the ICC. The terms of office for the Chairman and Vice Chairman shall correspond to the term of the RCCI Board of Directors).
5) The RCCI shall appoint a staff representative to act as a non-voting member and Secretary of the ICC.
The Chairman is responsible for:
1. Representing the ICC as a member on Committee activities as necessary.
2. Working with the Secretary to establish a time and place for each meeting of the Committee. The frequency of the meetings shall be approximately four times per year .
3. Developing with the Secretary an agenda for each meeting which will be available to all ICC members at least ten (10) days prior to the meeting (since there are non-Saudi members in the Committee, therefore, the notification of any meeting or event may not be less than two weeks).
4. Appointing members to serve on special task forces as may be required for the conduct of business.
The Vice Chairman is responsible for:
1) Assisting the Chairman in carrying out his duties.
2) Presiding at meetings when the Chairman is absent.
3) Performing such other duties as the Chairman may assign.
Committee members are responsible for:
1) Attending and participating in meetings of the Committee. If unable to attend, the member should inform the Secretary in advance of his absence. Failure to regularly attend meetings may result in dismissal from the Committee by the Chairman of the Board.
2) Recommending items for ICC meeting agendas.
3) Participating in all activities of the ICC including serving on task forces and developing position papers and other documents as necessary.
4) Keeping their companies informed of ICC activities and assuring they have their company’s approval for the level of participation required.
5) Reviewing and commenting on ICC agendas, minutes and other ICC work products as requested.
The Secretary is responsible for:
1) Keeping the ICC calendar and roster and advising the ICC of upcoming meetings and other ICC business. Communications can occur via e-mail or any other system deemed appropriate by the Secretary.
2) Assisting the ICC Chairman in the preparation of meeting agendas and transmitting approved agendas to ICC members.
3) Assisting the Chairman in carrying out his duties.
4) Handling the ICC's correspondence both internal and external.
5) Timely preparation and distribution of minutes and other records of the ICC.
6) Reserving meeting rooms and making necessary arrangements for ICC meetings including teleconferencing if the members agree to meet in that manner.
7) Assuring that a quorum of at least one-third members will be present for meetings. If a quorum cannot be obtained, the Secretary shall inform the Chairman and other members and cancel and/or reschedule the meeting.
8) Advising and communicating with the Chairman and members on matters of particular interest to the ICC.
9) Assuring the ICC is aware of and is following the RCCI Anti-trust/Competition Policy and assuring that the business of the ICC is conducted according to all other applicable legal guidelines of RCCI.
A number of specialized committees are formed at the RCCI representing different field of activities, with the objective of finding out their problems and not only to find solution thereof, but also to encourage and further develop and promote the respective fields of activities. The members in these committees represent the relevant business sectors.
All honorable members of the committees at the RCCI are honorary. The RCCI provides its premises at Riyadh for conducting meetings and events of the committees. Such facilities shall be made available to the ICC also. However, the RCCI shall not bear or reimburse any expenses incurred by the members of the ICC in connection with the activities of the Committee or otherwise.