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USCIB in the News

USCIB and its global network of business affiliates are the subject of regular coverage in major U.S. and world media. In addition, our members and staff author frequent op-eds, letters and columns in leading publications.

 

USCIB staff experts are available to speak on a wide variety of issues affecting international commerce and the operations of America’s leading global companies. For more information, please contact Jonathan Huneke, VP Communications (+1 212.703.5043, jhuneke@uscib.org).

 

Click the links below to access recent articles featuring USCIB and our global network. Most links will take you outside of USCIB’s website. News websites may require registration or a paid subscription to view articles.

 

 

OECD denies new rules are biased against low-tax countries

Financial Times - April 2, 2014

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 Claims

Ship & Bunker - March 31, 2014

ICC: Be alert to oil scams

Bunkerworld - March 28, 2014

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 per l'Italia

24 Ore (Italy) - March 28, 2014

Les PME américaines peu portées sur l'export

Les Echos (France) – March 27, 2014

Große Hoffnung für kleine Unternehmen

Die Welt (Germany) - March 27, 2014

Un président américain en soutien d'un partenariat commercial transatlantique en manque de souffle

Les Echos (France) - March 26, 2014

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

Barrington (Illinois) 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 Firmen

Die Welt (Germany) - March 23, 2014

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 plan

The Australian - March 17, 2014

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, 2014

ICC adopts new framework for alcohol marketing

Drinks Business Review - March 14, 2014

A new ICC framework for the responsible marketing of alcoholic beverages is highlighted.

 

The ‘I’ in the TTIP will create a global gold standard

Financial Times – March 11, 2014

A 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

Turkish 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

Bloomberg 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 cited.

 

As Ottawa moves to crack down on foreign tax cheats, others warn unilateral action could cause ‘chaos’

The 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

Les 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 is quoted.

 

Hands Off the Internet, EU Tech Chief Warns U.S., UN

The 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.

 

Trade facilitation: Victory in Bali

American Shipper – February 2014

Capturing trade facilitation’s low-hanging fruit

American Shipper – October 2013

Successive 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 (February).

 

Trade and the Environment

The New York Times – January 21, 2014

A 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

Financial Times - December 12, 2013

Business salutes trade deal as WTO ‘delivers’

Financial Times - December 8, 2013

Seize this chance to ease cross-border trade

Financial Times - 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 balancing act

Financial Times - 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

Vale Columbia 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

Tax-News – 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 planning strategies.

 

Survey: World Economy Weakened in Second Quarter

The Journal of Commerce – August 14, 2013

Optimism dampens in global survey of economists

American 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

DHL Delivering Tomorrow Blog – July 31, 2013

USCIB President 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

The Australian – July 26, 2013

Commercial arbitration to bridge Middle East divide

Lawyers Weekly – 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 23, 2013

Most big U.S. tech groups slip European tax net

Reuters – July 23, 2013

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 Counterfeiting

The Huffington 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

Financial Times – July 19, 2013

Business reacts to the release of a key OECD report on taxation of global companies. USCIB and BIAC are cited.

*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 Optimism

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 quoted.

 

UBS-Vivendi Tie Ignored as Bias Charges Roil Treaty Disputes

Bloomberg Businessweek – July 10, 2013

ICC’s International 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

Japan’s depressed 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, 2013

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

TV-Novosti (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 Evasion

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 the ICC-UK.

 

Study: The United States has a less open economy than Romania

The Washington Post – June 13, 2013

Malta ranked in fifth place in Open Market Index

The Malta Business Weekly – June 25, 2013

Ireland in top 10 for trade openness

Irish Independent – June 12, 2013

Brazil Ranked Lowest in G-20 in Trade Openness Study, ICC Says

Bloomberg Businessweek – June 11, 2013

G8 Summit: ICC Study Shows Leaders Hypocritical on Trade Talks

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 policies

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 policy

The Hindu Business Line – June 18, 2013

Industry associations 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 domestic jobs.

 

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.

 

Tackling NTBs

Breakbulk 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 Counterfeiters

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

Business groups 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 practice
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

A 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

McClatchy News 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 » africaine?

Jeune 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

Business 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

Gérard Worms (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

Caixin TV (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).

 

 





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