USCIB Releases 2020 Trade and Investment Policy Priorities

Each year the Trade and Investment Committee of the U.S. Council for International Business (USCIB) conducts an extensive consultation process among members in identifying priorities for the coming year. The 2020 USCIB Trade and Investment Agenda includes a list of key principles our members support for open trade and investment and an action plan for addressing our trade and investment policy priorities.

The action plan anticipates another busy year on trade and investment including:

  • pressing for final approval and implementation of USMCA,
  • seeking Administration action on phase 2 agreements with China and Japan,
  • supporting movement on trade negotiations with the EU and UK,
  • seeking continued progress on negotiations in the WTO on a digital trade agreement and
  • modernizing the WTO.

“The Agenda provides the framework for USCIB work to advance policies and negotiations that will open international markets for our member companies and strengthen the global rules-based trade and investment framework,” said USCIB Senior Vice President for Policy and Government Affairs Rob Mulligan. 

APEC Issues Next Steps for Improved Chemicals Cooperation

APEC CD Steering Group with USCIB’s Mike Michener in second row, fifth from right

The Asia Pacific Economic Cooperation (APEC) wrapped up its 23rd Chemicals Dialogue (CD23 or CD) on August 25 in Puerto Varas, Chile as part of the third Senior Officials Meeting (SOM3). USCIB Vice President for Product Policy and Innovation Mike Michener attended the meetings, which spanned over three days, as representative of downstream users of chemicals and metals.

According to Michener, the meetings concluded with some concrete action items, including recommendations for economies to consider specific projects the CD could undertake to further contribute to the priorities of the APEC Committee on Trade and Investment, and for delegates to identify concrete proposals for potential CD projects and submit them to the CD for comment prior to CD24 in Malaysia’s host year. Additionally, APEC economies agreed to carry forward the recommendations generated by the risk assessment tabletop exercise, including work towards a commitment of mutual recognition of chemical risk assessments by competent authorities in other economies and APEC best practices and capacity-building to help economies apply those best practices. Finally, delegates were encouraged to provide additional case studies of approaches to overcoming challenges to the implementation of a risk-based approach to chemical management.

“Some key takeaways from a U.S. industry-organized workshop on August 23 to improve regulatory cooperation within Latin America focused on finding a regional industry counterpart, organizing a similar event for CD24 in Malaysia, and develop a CD-endorsed template for free trade agreements,” noted Michener.

Another important action item was a request that called for APEC economies to identify contributions that the CD has made toward implementation of the Boracay Action Agenda prior to its final evaluation in 2020, which will decide the future of the APEC Chemicals Dialogue.

APEC Advances Cross-Border Privacy, Welcomes Philippines 

APEC’s Electronic Commerce Steering Group (ECSG) wrapped up four days of meetings on August 21 in Puerto Varas, Chile as part of the third Senior Officials Meeting (SOM3). USCIB Vice President for ICT Policy Barbara Wanner attended the meetings and reported from the field.

According to Wanner, highlights of this meeting included an announcement by the Philippines of its intent to participate in the Cross-Border Privacy Rules (CBPR) System, which, upon approval, would make it the 9th APEC member economy to participate in the regional privacy system. An important priority for USCIB, the CBPR is a high-standard and enforceable privacy code of conduct that facilitates cross-border trade and ensures strong privacy protection of personal information. Philippines joins Australia, Canada, Chinese Taipei, Japan, the Republic of Korea, Mexico, Singapore and the United States in participating in the system.

Providing a boost to U.S. company participation in the CBPR, the United States secured the approval of Schellman & Co, LLC as its second Accountability Agent (AA). Schellman will join TrustArc, which heretofore has served as the only agent to independently assess and certify the compliance of U.S. companies under the CBPR and related APEC Privacy Recognition for Processors (PRP).

Singapore also was pleased to announced the appointment Infocomm Media Development Authority (IMDA) as its Accountability Agent, joining the United States and Japan, whose JIPDEC serves as its AA.

“A key takeaway from a U.S. government-organized workshop on August 18 focused on fostering AA participation was that the dearth of national AAs has hampered broader company participation in the CBPR,” noted Wanner.

Another important action item was that the some of the CBPR’s 50 program requirements, approved in 2011, need to be revised to better align with global privacy regimes.

APEC Workshop Emphasizes Crucial Role of Business

L-R: Matías Pinto Pimente (Embassy of Chile), Monica Hardy Whaley (NCAPEC) at APEC Essentials Workshop

USCIB partnered with the National Center for APEC (NCAPEC) and C&M International to host an APEC Essentials workshop on March 27 to help participants understand the fundamentals of APEC including its history, objectives and opportunities. The event, which attracted approximately 80 attendees, featured practical case studies led by industry discussants on how several sectors approach priority issues and leverage the APEC platform.

Private sector participation in APEC is organized under the leadership of the NCAPEC, which serves as the designated 2019 U.S. Strategic Partner for the CEO Summit, Secretariat to the U.S. members of the APEC Business Advisory Council (ABAC) and as Chair and Secretariat of the U.S. APEC Business Coalition.

USCIB President and CEO Peter Robinson makes remarks at the APEC Essentials Workshop

“APEC is an incubator where economies and business can come together in a non-competitive, mutually supportive way,” said USCIB President and CEO Peter Robinson, who gave welcoming remarks and moderated one of the panels. “APEC member economies do not need to worry about binding treaties but indirectly they can influence what’s going on in the world, such as in customs and trade and environmental goods. APEC sets an example. Too many international organizations are shutting out the private sector. APEC welcomes the private sector and other stakeholders and that’s one of the reasons it gets things done.”

USCIB addressed a number of issues through APEC to advance discussions across a range of issues including chemicals regulation, advertising self-regulation, data privacy, customs and digital trade. USCIB members and staff have engaged in several APEC working groups, including the Chemical Dialogue, APEC Business-Customs Dialogue, Customs Procedures Virtual Working Group, Alliance for Supply Chain Connectivity, the Electronic Commerce Steering Group and Data Privacy Subgroup.

USCIB’s Customs and Trade Facilitation lead Megan Giblin, alongside Customs colleagues

The program featured Matías Pinto Pimente, head of the economic department and trade commissioner at the Embassy of Chile in Washington DC; Emily Fischer, principal APEC coordinator, economic policy advisor, U.S. Department of State; Jillian DeLuna, director for APEC affairs, Office of the U.S. Trade Representative; Monica Hardy Whaley, president, National Center for APEC; and Ambassador Robert Holleyman, president and chief executive, Crowell & Moring International; Partner, Crowell & Moring; former Deputy U.S. Trade Representative.

Chile will host this year’s APEC meetings.

USCIB to Hold Meeting on APEC Essentials

You have heard about the Asia-Pacific Economic Cooperation regional forum, also known as APEC, but you are not entirely sure of the format, or how your company or business association would benefit from participation.  Here is a rare opportunity to have all of your APEC questions answered, and to bring you up to speed on recent developments at the most recent Senior Officials’ Meeting under this year’s leadership of Chile.

On March 27, USCIB will join with the National Center for APEC (NCAPEC) and C&M International to host APEC Essentials, a workshop to help participants understand the fundamentals of APEC including its history, objectives and opportunities. Learn from practical case studies led by industry discussants on how several sectors approach priority issues and leverage the APEC platform.

Besides USCIB President and CEO Peter Robinson, the program will also feature His Excellency Alfonso Silva Navarro, ambassador of Chile to the United States; Emily Fischer, principal APEC coordinator, economic policy advisor, U.S. Department of State; Jillian DeLuna, director for APEC affairs, Office of the U.S. Trade Representative; Monica Hardy Whaley, president, National Center for APEC; and Ambassador Robert Holleyman, president and chief executive, Crowell & Moring International; Partner, Crowell & Moring; former Deputy U.S. Trade Representative.

Private sector participation in APEC is organized under the leadership of the NCAPEC, which serves as the designated 2019 U.S. Strategic Partner for the CEO Summit, Secretariat to the U.S. members of the APEC Business Advisory Council (ABAC) and as Chair and Secretariat of the U.S. APEC Business Coalition.

USCIB joined with ABAC and APEC Business Coalition partners to advance common objectives during last year’s APEC leadership by Papua New Guinea. Throughout 2018, USCIB addressed a number of issues through APEC to advance discussions across a range of issue. These include chemicals regulation, advertising self-regulation, data privacy, customs, and digital trade. USCIB members and staff have engaged in several APEC working groups, including the Chemical Dialogue, APEC Business-Customs Dialogue, Customs Procedures Virtual Working Group, Alliance for Supply Chain Connectivity, the Electronic Commerce Steering Group and Data Privacy Subgroup.

“USCIB looks forward to the APEC Essentials workshop and we thank Crowell & Moring for hosting this event,” said Vice President of Product Policy and Innovation Mike Michener, who leads USCIB’s work on APEC.  “USCIB appreciates the numerous committed partnerships that APEC has established with the private sector.  These partnerships are addressing many economic opportunities, particularly on trade and regulatory issues, that will help foster greater economic integration among APEC’s twenty-one member economies.”

Annual APEC Summit Fails to Reach Consensus

The Asia Pacific Economic Cooperation (APEC) Leadership Summit held its annual summit this year in Papua New Guinea (PNG) November 12-18, but for the first time in the Forum’s history, economies attending failed to reach consensus. The area of contention was around the Multilateral Trade System (MTS) section. This was also the first year that USCIB did not send a delegation to the APEC Summit, however USCIB contributed to earlier meetings this year, including the APEC meetings in Chile held September 11-12, which produced new principles in transit.

“This is clearly a disappointing outcome,” said USCIB Vice President for Product Policy and Innovation Mike Michener, who coordinates USCIB’s work on APEC. “APEC’s strength is the ability of member economies to find consensus on topics of mutual benefit, like trade. It is apparent that differing visions of trade policy blocked agreement for the first time in nearly 30 years.”

Following the summit, PNG released Statements to highlight what has been accomplished this year, including a reaffirmation of APEC’s commitment to achieve balanced, inclusive, sustainable, innovative and secure economic growth and prosperity in the APEC region, while pledging to combat protectionism and unfair trade practices. The Statements also emphasized the need to reform the World Trade Organization (WTO) in order to improve and strengthen the body to better address existing and emerging global trade challenges.

Furthermore, the Statement noted continuing support for the Work Program on E-commerce to advance initiatives on e-commerce, investment, small and medium enterprises, and trade and women’s economic empowerment.

For the 2018 APEC year, PNG chose the theme of “Harnessing Inclusive Opportunities, Embracing the Digital Future.” APEC will be led by Chile in 2019 and will focus on the digital economy, regional connectivity, and women’s role in economic growth. Chile previously hosted APEC in 2004.

USCIB Contributes to Setting Principles in APEC Transit Guidelines

USCIB represented industry at a workshop that was organized by Chilean Customs addressing Asia Pacific Economic Cooperation (APEC) Transit Guidelines. USCIB Director Customs and Trade Facilitation Megan Giblin attended the workshop which was held in San Pedro de Atacama, Chile, September 11 – 12, 2018.

Giblin participated in a panel with Chilean and Chinese Customs as well as World Customs Organization (WCO) representatives addressing the challenges and gaps on implementation of the APEC Customs Transit Guidelines. Overall the event was well attended and included participants from several APEC economies, including Chile, China, Indonesia, Mexico, Peru and Vietnam, as well as a handful of domestic Chilean industry representatives.

“USCIB participation in this event was critical in providing industry inputs into the process and is consistent with our longstanding engagement and leadership on customs and trade facilitation matters within APEC,” said Giblin. “The dialogue resulted in a positive discussion and general consensus on the ‘guidelines.’ These ‘guidelines’ are now viewed as ‘guiding principles’ and next steps among all parties, as well as secured a path forward for this issue as Chile takes on the APEC presidency in 2019.”

 

USCIB Gears Up for APEC CEO Summit in Vietnam

This week, USCIB’s Vice President of Product Policy and Innovation Mike Michener will attend the Asia-Pacific Economic Cooperation (APEC) CEO Summit in Da Nang, Viet Nam, as a business delegate and representative of the U.S. APEC Business Coalition.

Organized under the leadership of the National Center for APEC (NCAPEC), USCIB will be joining other Coalition and NCAPEC members on the ground, including CEOs and executives from USCIB member companies. NCAPEC serves as the designated 2017 U.S. Strategic Partner for the CEO Summit, Secretariat to the U.S. members of the APEC Business Advisory Council (ABAC) and as Chair and Secretariat of the U.S. APEC Business Coalition.

Throughout 2017, USCIB has addressed a number of issues through APEC to advance discussions across a range of issue. These include chemicals regulation, advertising self-regulation, data privacy, customs, and digital trade. USCIB members and staff have engaged in several APEC working groups, including the Chemical Dialogue, APEC Business-Customs Dialogue, Customs Procedures Virtual Working Group, Alliance for Supply Chain Connectivity, the Electronic Commerce Steering Group and Data Privacy Subgroup.

In Da Nang, Michener will meet with USCIB members, leaders from APEC economies and representatives of intergovernmental organizations to discuss member companies’ APEC priorities and USCIB’s work. They look forward to hearing from USCIB members in Da Nang, in addition to joining with Coalition partners, to advance common objectives.

“USCIB appreciates the numerous committed partnerships that APEC has established with the private sector,” said Michener. “These partnerships are addressing many economic opportunities, particularly on trade and regulatory issues, that will help foster greater economic integration among APEC’s twenty-one member economies.”

The upcoming APEC meetings in Da Nang include, in addition to the CEO Summit, the Concluding Senior Officials’ Meeting, Fourth APEC Business Advisory Council (ABAC) Meeting, APEC Ministerial Meeting and APEC Economic Leaders’ Meeting. USCIB has collected priority issues from its membership for 2018, and will have the USCIB 2018 APEC Priorities and Recommendations Paper available in Da Nang.

USCIB Urges Administration to Maintain Leadership on Trade

Harbor_tradeNew York, N.Y., January 23, 2017Peter M. Robinson, president and CEO of the United States Council for International Business (USCIB), issued the following statement regarding President Trump’s executive order withdrawing the United States from the Trans-Pacific Partnership:

“While we are disappointed that the United States will not take part in this ambitious and market-opening agreement, we hope this move sets the stage for future trade agreements that build upon the best in the TPP.

“As we noted in USCIB’s American Competitiveness Agenda 2017, which was released earlier today, the Asia-Pacific region is a very important market for U.S. business and the jobs they support. By 2030, two-thirds of all middle-class consumers in the world will be in Asia, so the area continues to be key to the future growth of many U.S. companies and their SME suppliers. We will work with Congress and the Administration to determine the best ways to further open markets in the Asia-Pacific region to U.S. goods and services, including by carrying forward key provisions from TPP.

“Maintaining U.S. leadership in the region should be a strategic priority. Trade relationships provide economic security but also important national security benefits. Letting other nations – including some with very different economic systems and priorities – write the rules in this fast-growing region would be a mistake. Moreover, some of our most important trading partners in the Asia-Pacific region have already ratified TPP or are continuing to undertake reforms consistent with the agreement.

“We encourage the Trump Administration to move quickly in pursuing its plan for the region, both to help American companies and workers compete, and to ensure that regional trade rules are not driven by others. We look forward to working with the Administration in support of these objectives.”

About USCIB:
USCIB promotes open markets, competitiveness and innovation, sustainable development and corporate responsibility, supported by international engagement and regulatory coherence.  Its members include U.S.-based global companies and professional services firms from every sector of our economy, with operations in every region of the world. As the American affiliate of the International Chamber of Commerce, International Organization of Employers, and Business at OECD, USCIB provides business views to policy makers and regulatory authorities worldwide, and works to facilitate international trade and investment. More information is available at www.uscib.org.

Contact:
Jonathan Huneke, USCIB
jhuneke@uscib.org, +1 212.703.5043

Business Supports Expansion of APEC Privacy Rules

Global Communications. 3D rendering.

Eight major business groups — including USCIB, Japan’s Keidanren and ICC Mexico — released a joint statement calling on all Asia Pacific Economic Cooperation (APEC) economies to expand participation in the APEC Cross-Border Privacy Rules (CBPR) system. An important priority for USCIB, the CBPR is a high-standard and enforceable privacy code of conduct that facilitates cross-border trade and ensures strong privacy protection of personal information. The statement commended the work done by policy makers in promoting the CBPR system, and urged the 21 APEC economies to commit to the system during 2017.

CBPRs are based on the internationally respected APEC Privacy Framework and endorsed by APEC Leaders since 2011. They are an interoperable, enforceable, and high-standard privacy code of conduct that facilitates cross-border trade of goods and services and ensures that strong privacy protection will follow personal information across the Asia-Pacific region. By creating a certification system that bridges the privacy regimes of each participating economy in a cost-effective and scalable way, the CBPRs allow participating companies to focus their time and resources on innovating, serving customers, and pursuing their business objectives.

USCIB President and CEO Peter Robinson attended the annual APEC CEO summit and various side events alongside USCIB Vice President Helen Medina. Robinson featured the joint statement in his meetings with US government officials, as well as other APEC government representatives on the sidelines of the recent APEC Leaders meeting in Lima, Peru. “We applaud the support that APEC Leaders and Ministers have demonstrated towards expanding participation in the CBPRs. We believe this reaffirms both APEC’s recognition of the importance of data flows to trade and investment in the region and its commitment to building bridges between national privacy regulatory regimes. We see great potential for the CBPRs to serve as a platform for a truly global system of interoperable and robust privacy protection,” noted Robinson. USCIB members certified under the CBPR include Apple Inc., Cisco Systems, Hewlett-Packard Enterprise, HP Inc., IBM, and Merck and Co., Inc.

The CBPRs signal to governments in the Asia-Pacific and in other parts of the world that mutual cooperation between like-minded economies can serve as a rational, effective international approach to high-standard privacy and data protection, without requiring data to be stored, managed, or otherwise processed locally or prohibiting data transfers to other markets.

The next meeting of APEC’s Data Privacy Subgroup, which developed the CBPR framework and continues to oversee its implementation, will be held in 2017 in Vietnam. USCIB will work with APEC member economies to support these commitments and raise awareness with officials and stakeholders on the benefits of CBPRs, increasing participation and helping APEC economies set the standard for how to do privacy right globally.