OECD denies new rules are
biased against low-tax countries
Financial Times - April 2,
Small, low-tax countries such as Ireland stand to
benefit from the looming crackdown on tax avoidance by multinationals even
though they will no longer be able to route profits to tax havens, according
to officials drawing up plans to overhaul the international tax system. A
USCIB statement on the proposed rules changes is cite.
ICC Warns of False Oil Fraud
Ship & Bunker - March
ICC: Be alert to oil scams
Bunkerworld - March 28,
Scams involving false claims of oil fraud designed
to extort money from owners may be on the rise, the International Chamber of
Commerce (ICC) warns.
Libero scambio, due priorità
24 Ore (Italy) - March 28,
Les Echos (France) – March
Große Hoffnung für kleine
Die Welt (Germany) - March
Un président américain en
soutien d'un partenariat commercial transatlantique en manque de souffle
Les Echos (France) - March
As the latest round of U.S.-EU talks get underway,
USCIB’s Shaun Donnelly is quoted in several European dailies on the prospects
for the Transatlantic Trade and Investment Partnership.
OECD Draft on Digital
Economy Fails to Make Case for Dramatic Changes, Practitioners Say
Bloomberg BNA Daily Tax
Report – March 28, 2014
USCIB’s Carol Doran Klein is quoted extensively in
this assessment of an OECD discussion draft of tax issues related to
cross-border digital business.
Congressman Peter Roskam talk trade regulations
Courrier-Review - March 25, 2014
An area member of Congress drops in to meet with the
Corporation for International Business, one of USCIB’s service providers for
the issuing of ATA Carnets (merchandise passports).
Großer Markt für kleine
Die Welt (Germany) - March
The U.S.-EU trade talks are a gigantic initiative
and yet continue to plod along, and now the Crimea crisis threatens to divert
attention from them. USCIB’s Shaun Donnelly is quoted.
Citing APEC privacy rules,
FTC's Brill renews call for data-breach legislation
Inside Cyber Security -
March 18, 2014
Speaking at a USCIB conference, Federal Trade
Commissioner Julie Brill offered a five-step plan for restoring consumer
confidence in the wake of recent data breaches.
US business fights G20 tax
The Australian - March 17,
Big American business is fighting to derail
Australia's Group of 20 plan to crack down on tax minimization by
international companies, arguing the proposal is overwhelmingly targeting
United States multinationals and would hurt their offshore investments.
USCIB's Carol Doran Klein is quoted.
Who said it?
South China Morning Post
(Hong Kong) – March 17, 2014
ICC Secretary General Jean Guy-Carrier’s remarks on
the prospects of economic sanctions against Russia are highlighted.
International Chamber of
Commerce issues responsible alcohol marketing guide
Just-Drinks.com – March 14,
ICC adopts new framework for
Drinks Business Review -
March 14, 2014
A new ICC framework for the responsible marketing of
alcoholic beverages is highlighted.
Times – March 11, 2014
letter to the editor by USCIB President and CEO Peter Robinson, along with his
counterparts from Danish and Swedish business federations, argues that strong
investor-state dispute settlement provisions are an essential element in the
Transatlantic Trade and Investment Partnership.
World business leaders in Turkey for global economy
Press - March 6, 2014
The International Chamber
of Commerce`s executive board members met in Ankara, the Turkish capital, to
discuss recent developments in the global economy.
Business Group Asks OECD to
Gut Country-by-Country Reporting Template
BNA - March 4, 2014
As the OECD weighs a
radical rewrite of its transfer pricing guidelines, some in the business
community are taking issue. A letter by BIAC members including USCIB is
As Ottawa moves to crack
down on foreign tax cheats, others warn unilateral action could cause ‘chaos’
Province (Canada) – March 3, 2014
As the Canadian
government attempts to widen its net on foreign tax cheats, it faces pushback
from inside and outside Canada over concerns that efforts to capture more
revenue could cause greater harm than good – especially to foreign investment
in Canada. A USCIB letter to Canadian authorities is cited.
Accord Europe - Etats-Unis :
les vraies difficultés commencent
Echos (France) - February 19, 2014
As trade ministers from
the U.S. and EU renew their push toward a transatlantic trade accord, the
going is getting harder than originally anticipated. USCIB’s Shaun Donnelly
Hands Off the Internet, EU
Tech Chief Warns U.S., UN
Wall Street Journal – February 12, 2014
European Union technology
chief Neelie Kroes staked out territory for the bloc at the center of
reforming the Internet’s infrastructure, saying control shouldn’t be handed
to the United Nations. ICC's BASIS (Business Action to Support the
Information Society) initiative is cited.
Shipper – February 2014
American Shipper – October
columns by Jerry Cook of HanesBrands, who chairs USCIB's Customs & Trade
Facilitation Committee, look at the opportunities in pending agreements in
the World Trade Organization (October) and the results of the WTO ministerial
in Indonesia that resulted in a major new agreement on trade facilitation
The New York Times – January
letter to the editor by USCIB’s Norine Kennedy advocates using carrots rather
than sticks in addressing environmental matters in U.S. trade agreements.
WTO must take inspiration
from Bali pragmatism
- December 12, 2013
Business salutes trade deal
as WTO ‘delivers’
- December 8, 2013
Seize this chance to ease
- December 2, 2013
Business reaction to the WTO’s Bali
ministerial, including a letter by ICC Honorary Chairman Victor Fung arguing
that, in light of the trade facilitation agreement agreed in Bali, the WTO
should retire its “single undertaking” approach to global trade negotiations.
OECD faces tough tax rules
- November 12, 2013
A drive by world leaders to force
multinationals to disclose where they make their profits and pay their taxes
is proving the most difficult project for the OECD – which is leading the
international crackdown on tax avoidance – for nearly 20 years. A USCIB
statement is cited.
Coalition Calls for Renewal
of TPA in Letter to Key Lawmakers
Bloomberg BNA –
September 10, 2013
The Trade Benefits America Coalition, of
which USCIB serves on the steering committee, sent a letter to key lawmakers
urging the passage of updated Trade Promotion Authority legislation, citing
it as a “critical tool” in pending trade agreements.
Toward a multilateral
framework for investment
Center on Sustainable International Investment – September 2, 2013
ICC’s Nicolle Graugnard writes about the
current fall in foreign direct investment due to policy uncertainty in light
of the multitude of international investment agreements and the need for
multi-stakeholder negotiations on future agreements at the G20.
IFA: BEPS and the Future
August 30, 2013
William Morris, chairman of BIAC’s tax
committee, served on the panel of the “Base Erosion and Profit Shifting”
seminar regarding the OECD’s Action Plan on BEPS and the political climate in
different countries created by the discovery of various companies’ tax
Survey: World Economy
Weakened in Second Quarter
The Journal of
Commerce – August 14, 2013
Optimism dampens in global
survey of economists
Shipper – August 14, 2013
The global economy weakened in the second
quarter of 2013, while North America showed signs of continuing recovery,
according to the ICC/Ifo World Economic Survey.
Renewed Action on Trade: A
Boost to Companies of All Sizes
Tomorrow Blog – July 31, 2013
Peter Robinson discusses why international trade is back at the top of the
global agenda, spurred by a realization that barriers to cross-border
commerce are increasingly a tax on one’s own competitiveness.
Mid-East divide bridged
– July 26, 2013
Commercial arbitration to
bridge Middle East divide
– August 2, 2013
High-profile Israeli and Palestinian
lawyers met to discuss a historic commercial dispute resolution initiative
called the Jerusalem Arbitration Center, which was formed out of a
joint-venture agreement between ICC Palestine and ICC Israel.
ICC boosts Banking Commission
Trade Finance –
July 26, 2013
ICC recruited three new technical advisors
for its Commission on Banking.
Shortening the skills gap
The New Zealand
Herald – July 25, 2013
BIAC Board Chairman Phil O’Reilly
discusses the skills gap between New Zealand’s labor and job markets, as well
as his priorities to address this unemployment issue.
American business warns
Taoiseach over tobacco proposals
The Irish Times
– July 24, 2013
USCIB, among other American business
organizations, have urged the Taoiseach to reconsider the introduction of
plain packaging for tobacco product companies, which would infringe trademark
protection and branding.
Special Report: How big tech
stays offline on tax
Reuters – July
Most big U.S. tech groups
slip European tax net
Reuters – July
BIAC’s tax committee chairman, Will
Morris, wrote a letter to OECD’s Center for Tax Policy expressing concern
about proposed tax changes, mainly regarding issues of “permanent
establishment,” that could threaten the basis on which multinationals are
taxed and significantly impact trade. USCIB, as well as USCIB’s Carol Doran
Klein, are cited.
Using Data to Fight
Post – July 19, 2013
Although counterfeit goods produced
worldwide are estimated to worth around 2 percent of the global economy by
2015, according to ICC, companies and governments are beginning to use data
techniques to reduce trade in counterfeit goods.
G20 backs fundamental reform
of corporate taxation
Reuters – July 19, 2013*
Amazon told: time is up for tax avoidance
The Guardian – July 19, 2013
OECD unveils global
crackdown on tax arbitrage by multinationals
Times – July 19, 2013
Business reacts to the
release of a key OECD report on taxation of global companies. USCIB and BIAC
*article ran in several publications,
including Business Day (South Africa), RTE News (Ireland), CFO World, The
Globe and Mail (Canada)
FCC to vote on E-Rate proposal - Email privacy reformers
shooting for passage pre-recess
Politico – July 19, 2013
USCIB is mentioned in
regard to a joint industry letter written on
pending cyber-security legislation in the Congress.
Maritime Piracy Declines Across World, Except Off the
Coast of West Africa
International Business Times – July 19, 2013
Piracy epicenter shifts to West Africa
The Hindu – July 17, 2013
Coverage of the ICC International Maritime Bureau’s semi-annual
maritime piracy report.
Appointment of New Indian Competent Authority Gives Practitioners
Tax Analysts – July 16, 2013
Tax practitioners are
cautiously optimistic that the bilateral relationships between the U.S. and
India will improve following the appointment of India’s new competent
authority. USCIB’s Carol Doran Klein is quoted.
With Great Opportunity Comes Great Responsibility: The
Role of Business in Shaping Internet Policy
Business Computing World – July 15, 2013
Oracle Corp.’s Joseph
Alhadeff, vice chair of USCIB’s Information, Communications and Technology
Committee, analyzes the importance of updating policy frameworks surrounding
the Internet to keep up with technology innovation.
U.S., China see progress in economic dialogue
MarketWatch – July 11, 2013
U.S. and Chinese
officials said that two days of economic dialogue led to a commitment to
jump-start talks on a bilateral investment treaty. USCIB’s Shaun Donnelly is
UBS-Vivendi Tie Ignored as Bias Charges Roil Treaty
Bloomberg Businessweek – July 10, 2013
Court of Arbitration is analyzed. Treaty based investor-state arbitration and
support for this system is expanding worldwide.
EU-US trade talks positive signal to private sector
CNBC – July 8, 2013
Speaking live on
CNBC’s WorldWide Exchange program, ICC Policy Manager Nicolle Graugnard said
that a successful outcome from EU-U.S. trade deal talks would depend on the
level of political engagement on both sides but that progress could be made.
Japan's Three-Arrow Attack
The Journal of Commerce – June 24, 2013
exchange rate is not only stimulating the economy, but is also giving Japan a
trade advantage. USCIB’s Rob Mulligan is quoted.
Secret weapon for small business exports
American Shipper – June 2013
USCIB Customs Committee Chair Jerry Cook (HanesBrands)
discusses the lowered threshold for small or midsized enterprises to engage
successfully with the global marketplace by obtaining ATA Carnets, or
“Merchandise Passports,” from USCIB.
CEOs Urge Russia President to Seek More Open Trade Ahead
of G20 Summit
Insurance Journal – June 21, 2013
CEOs from the G20 Advisory Group of the
International Chamber of Commerce (ICC) met in Saint Petersburg to advocate
priorities of international business and urge President Vladimir Putin to
lead the G20 Summit in seeking more open trade.
Business Leaders Send Strong Message to Putin
CNBC – June 21, 2013
CNBC interviews ICC leaders
CNBC – June 20,
Business leaders at the Saint Petersburg
International Economic Forum, including ICC Chairman Terry McGraw told CNBC
that they want to see Russia reconnect to the rest of the world through
political change and economic reform.
Capitalism at stake? – An RT debate at the St.
Petersburg International Economic Forum
(Russia ) – June 20, 2013
USCIB’s Ronnie Goldberg was among the
participants in a debate over the balance between social safety nets and
economic dynamism at the St. Petersburg Economic Forum.
G8 Leaders Vow to Tackle Tax
Reuters via The
Independent (South Africa) – June 19, 2013
The world’s rich economies agreed to take
a tougher stance against money-laundering and tax-evasion at a two-day summit
in Northern Ireland, yet did not articulate specific new action due to issues
regarding the publicity of raw data, according to Andrew Wilson, Director of
Study: The United States has
a less open economy than Romania
Post – June 13, 2013
Malta ranked in fifth place
in Open Market Index
Business Weekly – June 25, 2013
Ireland in top 10 for trade
Independent – June 12, 2013
Brazil Ranked Lowest in G-20 in Trade Openness Study,
Bloomberg Businessweek – June 11, 2013
G8 Summit: ICC Study Shows Leaders Hypocritical on Trade
International Business Times (UK) – June 18, 2013
None of the G8 countries placed in the top
10 of the ICC’s Open Markets Index 2013, a ranking of 75 nations based on
trade openness. The U.S. was ranked 38th, just behind Romania.
US businesses write to Obama against Indian economic
The Times of India – June 6, 2013
India is hurting us, US business houses tell Obama
Business Standard (India) – June 7, 2013
US Businesses Urge Obama To Stoke Trade War With India
Intellectual Property Watch – June 7, 2013
US businesses write to Obama against India's go-local
The Hindu Business Line – June 18, 2013
including USCIB have written a joint letter to President Obama against
India’s go-local policy, claiming
that it is discriminatory against a range of U.S. exports and jeopardizing
Next OECD Intangibles Draft
will Address Comparability Factors, Officials Say
Tax Analysts - June 7, 2013
The next OECD discussion draft on the transfer pricing aspects of
intangibles will provide details on how to handle items the OECD considers to
be comparability factors, rather than intangibles, Joseph Andrus, head of the
OECD's Transfer Pricing Unit, said. USCIB’s Carol Doran Klein is quoted.
Treasury Continues Push for
Ratification Of Three Stalled Treaties, Official Says
Bloomberg BNA – June 5, 2013
IRS Official Predicts More
Tax Information Sharing Among Countries
Bloomberg BNA – June 4, 2013
FATCA Pushing Idea of
Automatic Exchange of Information Forward, Officials Say
Bloomberg BNA – June 4, 2013
At USCIB’s annual tax
conference, a Treasury Department official stated that it continues to push
for ratification of major U.S. tax treaties with Switzerland, Hungary and
Luxembourg that are currently stalled in the Senate.
OECD aims to fix corporate taxes within two years
Accountancy Age – June 3, 2013
An analysis of the OECD’s work on base
erosion and profit-shifting. BIAC’s views on the issue are cited.
Magazine – May-June 2013
Reports and experts discuss the importance of removing non-tariff
barriers (NTBs) in facilitating global trade by promoting a shift in
resources to more productive industries and firms, thereby increasing
productivity and wages. USCIB’s Jerry Cook and Nasim Deylami are quoted.
High-Tech Packaging Fights
The Wall Street Journal – May 28, 2013
ICC projects the costs
of counterfeit products sold internationally as the threat of counterfeiting
to brands rises.
Business groups step up push for fast-track authority
The Hill – May 20, 2013
including USCIB launched the Trade Benefits America Coalition to assist in
advocating for trade promotion authority (TPA) to accelerate the negotiation
of trade agreements.
Wiggin and Dana opens China
Stamford (CT) Advocate – May 17, 2013
Wiggin and Dana LLP has formed a China practice
comprised of lawyers representing several of the firm’s practice groups.
USCIB’s Jonathan Huneke is cited.
US law ruins chance of fair competition
Global Times (China) – May 16, 2013
key US law prohibits government agencies from acquiring Chinese IT products,
which will negatively impact bilateral trade and investment. USCIB’s
criticism of the bill is noted.
Family of Commerce pick Penny Pritzker was pioneer in
troubled mortgage securities
via Macon (GA) Telegraph – May 2, 2013
USCIB President Peter
Robinson is quoted applauding the nomination of national security aide
Michael Froman to head the Office of the U.S. Trade Representative. USCIB
President Peter Robinson is quoted.
ILO: Prevention Is Key to Tackling Occupational Illness
EHS Today – April 29, 2013
A new International Labor
Organization report finds that prevention is key to tackling the growing
number of work-related diseases as the ILO calls for an international
campaign to fight these diseases. The IOE is cited.
Bientôt une « task force »
Afrique (France) – April 28, 2013
A column by the IOE’s Frederick Muia looks at efforts by employers and
the International Labor Organization to create a more favorable climate for
investment and entrepreneurship in African nations (in French).
WTO trade deal could boost global GDP by $960bn
Gulf Times - April 23, 2013
The World Trade Organization
(WTO) hopes that 60% of the short-term suggestions from the ICC and Qatar
Chamber to stimulate global trade are achievable at the WTO ministerial meeting this December.
ICC elects chairman
Trade Finance -
April 22, 2013
Sunil Mittal appointed vice
chairman of Int’l Chamber of Commerce
Standard (India) - April 22, 2013
The ICC has elected a new chairman and vice chairman, effective July 1. Terry
McGraw was named chairman of ICC, and Sunil Mittal was named vice chairman. The
present ICC Chairman, Gerard Worms, will become honorary chairman.
Commercial arbitration in the globalization era
Jakarta Post - April 22, 2013
Frans H. Winarta, an arbitrator for the
ICC, comments on Indonesia’s uneven record with using commercial arbitration
as the principal facility to resolve global business and trade disputes.
Four Ways To Stimulate
Global Trade And Job Creation
Forbes - April 19, 2013
(ICC Chairman), Harold McGraw III (ICC Vice Chairman), and Victor Fung (ICC
Honorary Chairman) make the case for new trade agreements and trade
liberalization in an Op-Ed for Forbes.
Justices close U.S. courts to foreign human rights case
USA Today - April 17, 2013
Justices rule U.S. courts
not world forum for human rights suits
Los Angeles Times
- April 17, 2013
Supreme Court hands broad
victory to business in human rights case
The Hill - April 17, 2013
Coverage of the U.S. Supreme Court’s
unanimous ruling against foreign entities’ use of the Alien Tort Statute of
1789, limiting corporate liability in lawsuits alleging human rights
violations where there is no direct connection to the United States. USCIB
President and CEO Peter Robinson is quoted.
Weighing the possibility of
a US-China bilateral trade negotiation
(China) – April 15, 2013
USCIB’s Shaun Donnelly is interviewed by
Caixin TV in China on the topic of a possible US-China bilateral investment
treaty (report is in Mandarin).