b) Outline the role of International Chamber of Commerce in preventing and restricting the maritime frauds.

The International Chamber of Commerce (ICC) plays a crucial role in preventing and restricting maritime frauds through its initiatives, frameworks, and collaborative efforts. This essay delves into the multifaceted role of the ICC in safeguarding the maritime trade ecosystem from fraudulent activities.

Before delving into the role of the ICC, it is essential to comprehend the nature and scope of maritime frauds. Maritime frauds encompass a broad spectrum of illicit activities occurring within the maritime domain, ranging from document forgery and cargo theft to fraudulent insurance claims and bribery. These fraudulent practices not only result in significant financial losses but also undermine trust and confidence in international trade relationships. Furthermore, maritime frauds can disrupt supply chains, delay deliveries, and jeopardize the safety of goods and personnel.

The International Chamber of Commerce: An Overview

Established in 1919, the International Chamber of Commerce is the world's largest business organization, representing a diverse array of industries and sectors across the globe. The ICC serves as a platform for businesses to voice their concerns, promote trade liberalization, and develop standardized practices to enhance efficiency and transparency in international trade. With ______ _____ _______ ______ ________ ______ _________ ______ ___ _______.
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