What CICCA Stands For

CICCA subscribes to and wholly supports the concept of the sanctity of contracts and good trading practice.

CICCA endeavours to promote the proper performance of contracts and to lessen the circumstances which lead to disputes. It also assists in ensuring compliance with arbitration awards.

CICCA Member Associations all adhere to the principle that when a contract is made it should be executed as agreed - failing this then the disadvantaged party should be adequately compensated. This principle is enshrined in the commercial and contract law of most trading nations and is supported by long standing international treaties concerning the enforcement of arbitration awards. It is neither honourable nor acceptable to abrogate responsibility for contract performance simply because it is no longer financially beneficial to fulfil previously agreed obligations.