US business criticises
Australia’s ‘opaque’ foreign investment approval process
Australian Financial Review
- June 10, 2014
USCIB says Australia’s foreign investment approval
process is “opaque”, after a key Australian official concedes that politics
influenced the government’s rejection of a major proposed takeover by ADM in
the sensitive farming sector.
GOP Lawmakers Caution OECD
Tax Plan Could Harm U.S.
Wall Street Journal - June 3, 2014
USCIB's Klein: No More
Columns Likely To Be Removed From Reporting Template
Bloomberg BNA - June 6,
Data 'dance' seen as
challenge to world corporate tax crackdown
Reuters - June 3, 2014
Developing Countries Not
Ready to Enforce Global Tax Evasion Rules
Forbes.com - June 3, 2014
US companies warn on foreign
Financial Times - June 2,
U.S. corporate lobbying up
on OECD anti-tax dodging push
Reuters - May 30, 2014
The 2014 OECD International Tax
Conference, the ninth in a series of annual gatherings jointly
organized by USCIB, BIAC and the OECD, was the scene of timely discussion of
the OECD/G20 project to curtail “base erosion and profit shifting” (BEPS and
related global tax topics).
Kamran elected member of ILO
(Bangladesh) - June 8, 2014
Kamran Rahman, former president of Bangladesh
Employers' Federation has been elected as a member of the Governing Body of
the International Labor Organization (ILO). He was also elected Asia-Pacific
regional vice president of the International Organization of Employers (IOE).
Make Money, End Poverty
Foreign Policy - June 6,
Corporations really could make the world a better
place – if only the U.N. and state governments would treat them as equal
partners. USCIB's Norine Kennedy is quoted.
New CBP chief creates new
American Shipper - June
In his regular column, Jerry Cook of HanesBrands,
chair of USCIB’s Customs Committee, says new U.S. Customs and Border
Protection Commissioner Gil Kerlikowske’s experience and expertise will play
an integral role in furthering the goal of simultaneously securing the border
and expediting the at-the-border trade process, vital to exports and imports.
Trade Advocates Eye
Kerlikowske With Hope
Journal of Commerce - May
Gil Kerlikowske, the newly appointed commissioner of
U.S. Customs and Border Protection, has little experience in international
affairs. Nevertheless, business groups are pleased with his appointment.
USCIB's Kristin Isabelli and Rob Mulligan are quoted.
Is 'insourcing' enough to
boost the U.S. economy?
Marketplace - May 24, 2014
As the White House touts its record on
"insourcing" – companies making investments and expanding in the
U.S. – USCIB’s Shaun Donnelly wonders why the Obama administration neglects
outbound investment and its positive impact on U.S. exports and jobs.
Groups At Odds Over Green Goods Initiative
Inside U.S. Trade - May 28,
Environmental and business associations are
advocating different approaches to an initiative aimed at liberalizing trade
in environmental goods, with business groups advocating for tariff
elimination on products that go beyond the initial Asia-Pacific Economic
Cooperation (APEC) list. USCIB's Norine Kennedy is quoted.
'Stakeholders' sound off to U.S., EU negotiators
- May 21, 2014
Die Welt (Germany) - May 22, 2014
Negli Stati Uniti entrano
nel vivo i negoziati per il TTIP
Euronews - May 21, 2014
protection hot issue at US-EU trade talks
DPA (Germany) - May 21, 2014
As the latest round of transatlantic trade and
investment talks got underway outside Washington, D.C., tempers flared over
the issue of investor-state dispute resolution. USCIB’s Shaun Donnelly is
Premier Li Stresses Fairness
Xinhua (China) - May 16,
Exclusive: Int'l Chamber of
Commerce eyes quality growth in China
CCTV (China) - May 13, 2014
On the occasion of an ICC regional meeting in
Beijing, USCIB and ICC Chairman Terry McGraw meets with Chinese Premier Li
Keqiang, and is interviewed on Chinese television on China’s role in the
global economy and ICC’s priorities in promoting cross-border trade and
USCIB's Klein: No More Columns Likely To Be Removed
From Reporting Template
BNA Transfer Pricing Report
- May 9, 2014
It is unlikely the OECD will delete more columns
from its proposed country-by-country reporting template. “What I have heard
from the OECD is that [the template] isn't likely to get any shorter,” said
Carol Doran Klein, vice president and international tax counsel with USCIB.
ICC calls on online
advertisers to step up
SMEweb (UK) - May 9, 2014
ICC has called for companies involved in digital
advertising to collaborate on safeguards to prevent or reduce advertisement
misplacement on websites which promote or facilitate illegal activity.
Piracy: Lowest First Quarter
Figures Since 2007
Maritime Executive - April
The ICC’s International Maritime Bureau IIMB) has
revealed that piracy on the world’s seas is at its lowest first-quarter level
since 2007, but warns that the threat is still present.
international tax swoop on tech groups
Financial Times - April 23,
Business groups have hit back at moves to pile
heavier corporate taxes on to digital companies, arguing that governments
risk interfering with “one of the great economic success stories of the past
20 years.” USCIB’s Carol Doran Klein is quoted.
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.
Barrington 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
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.