USCIB Welcomes Commitment by G7 to Inclusive Global Recovery

New York, N.Y., June 16, 2021—Following the G7 Leaders’ Summit in Cornwall, UK, the United States Council for International Business (USCIB) welcomes the G7’s resolute commitment in this time of crisis to a cooperative and inclusive global recovery built on democratic values, private sector partnership, open trade, investment and sustainability.

We are proud to embrace the G7’s enduring ideals of free open societies and democracies, and its support for inclusive multilateralism in action.

We agree that tackling root causes of human rights abuses and combatting failures of integrity and transparency are essential to any effort to build back better and importantly, to also provide the fullest possible access to healthcare and vaccines worldwide.

We are committed to eliminating forced labor and other human rights abuses from global supply chains, and to advance the uptake of the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights. We applaud renewed attention on eradicating corruption as it erodes public trust in government, wastes resources and presents an obstacle to needed economic and social development and our shared vision of achieving the Paris Agreement and UN 2030 Goals.

We are inspired by USCIB members mobilizing to help meet the ongoing pandemic challenge. Vaccinating the world against COVID-19 is essential to economic recovery; this urgent task will require production, as well as widespread distribution and administration of vaccines. The private sector serves as an important partner in this endeavor and can assist with vaccine-deployment strategies based on efficiency and equity. A sustainable, durable solution will address a host of issues, including: re-distribution of excess vaccine supplies to countries that face shortages; removing regulatory and trade barriers to vaccine production and distribution; efficient supply chain operations; procurement challenges; the potential risks associated with counterfeit and illicit trade in medical goods; and addressing hesitancy and misinformation about vaccines. While more needs to be done, the U.S. and G7 support for COVAX and Act-A are big steps in the right direction. Through Business Partners to CONVINCE (BP2C), USCIB is advancing actionable workplace strategies for vaccine adoption while highlighting the vital role employers play in educating their employees on the facts about COVID-19 vaccines.

We believe that private sector innovation and its wide deployment, whether in healthcare solutions, digital access or climate change, will be fundamental to attain the ambitious targets and actions set out in the communique. The G7 has emphasized the need for urgent reform and revitalization at the World Trade Organization (WTO) and incentivizing innovation as key priorities in all of these areas. We couldn’t agree more.

We appreciate the G7’s ongoing dialogue and cooperation with business, and thank the Confederation of British Industry (CBI) for coordinating this year’s B7 process.

USCIB Welcomes President Biden’s Ambitious US Climate Action Pledges

The U.S. business group calls for society-wide dialogue to shape next steps

New York, N.Y., April 22, 2021—Transboundary challenges such as climate change are most effectively solved with the fullest possible international cooperation, so we applaud the Administration’s initiative to convene the Leaders Climate Summit and Major Economies Forum this week in Washington.

USCIB looks forward to working with the Administration to design policy and market approaches that mobilize private sector investment, innovation and implementation to advance climate action. USCIB represents leading U.S. and international businesses that have supported proactive engagement in the UN climate treaty and Paris Agreement since 1993.

The UN Framework Convention on Climate Change (UNFCCC) and its Paris Agreement are not simply environmental treaties; they are influential frameworks for economic growth, energy access and security, job creation, food security, and innovation. In that context, we encourage the Administration to actively and substantively engage with the U.S. business community to set priorities and pursue climate policies that advance economic, energy and environmental benefits both at home and abroad.

Clearly, an all of government approach to tackle climate change will be indispensable, and building a trusted and recognized working relationship with business will be key.

We therefore encourage the Administration to undertake a society-wide dialogue with U.S. stakeholders, including the business community as represented by USCIB, which is unique in being based in our nation’s political and financial centers and in serving as the American affiliate of leading global business organizations:  The International Chamber of Commerce (ICC), Business at OECD (BIAC) and the International Organization of Employers (IOE). Such an inclusive and consultative approach will empower and strengthen the development of the U.S. Nationally Determined Contribution (NDC) and will be essential to deliver real progress on climate change and towards a sustainable recovery.

USCIB and its members stand ready to assist the Administration in realizing its ambitious vision for climate action and economic benefit throughout the international community. We will continue to leverage our role as entry-point for American business to global business organizations and networks and to the Major Economies Business Forum (BizMEF) to encourage governments to meet their NDC commitments. We will also continue to advance the alignment of trade, investment and innovation with climate change benefits vis a vis adaptation and mitigation.

USCIB looks forward to partnering with the Administration and the international community to realize our shared vision of inclusive recovery, prosperity and sustainability.

About USCIB: USCIB promotes open markets, competitiveness and innovation, sustainable development and corporate responsibility, supported by international engagement and prudent regulation. Its members include U.S.-based global companies and professional services firms with operations in every region of the world. USCIB has represented U.S. business at the UNFCCC since 1993. Furthermore, as the U.S. affiliate of leading international business organizations and as the sole U.S. business group with standing in ECOSOC, USCIB provides business views to policy makers and regulatory authorities worldwide, and works to facilitate international trade and investment. More at www.uscib.org.

USCIB Defends Foreign Direct Investment at OECD

USCIB has led private sector participation at a series of recent events organized by the OECD’s Investment Committee.  Kimberley Claman, director of international government affairs in Citi’s Washington office, was a lead speaker for the Business at OECD (BIAC) delegation in a condensed, virtual OECD annual International Investment Agreements Conference on March 29.

During a portion of the conference, titled “The Future of International Investment Agreements” on March 29, Claman laid out a coherent business vision on the importance of Foreign Direct Investment (FDI) flows, especially in a post-pandemic world, and of strong investment agreements to help provide the certainty, assurance and enforceability required by investors. “Typical of these OECD sessions, other speakers were skeptical of FDI and, especially of investment treaties, so having a strong business voice is critical,” said USCIB Senior Advisor Shaun Donnelly. “Kimberley did a great job.”

Donnelly returned to the OECD investment policy debates on March 31 as a lead speaker for BIAC in an early-morning, virtual seminar at the fifth session of the OECD’s long-running “FDI Qualities” policy dialogue. OECD staff laid out its latest research and analysis on FDI’s impact to an audience that included a diverse group of academics, NGOs and business representatives. The presentation focused on four areas selected from the United Nations Sustainable Development Goals (SDGs)– gender inclusivity, quality jobs and productivity enhancement, low carbon intensity, and promoting small and medium enterprises (SMEs).  Donnelly was the lead business commentator on the jobs and productivity session and spoke in the gender discussion, bringing a real-world, business perspective to the oftentimes academic nature of OECD seminars.

Donnelly was also back on the agenda as part of the BIAC Investment Committee leadership in the formal “stakeholder dialogue” with government representatives on the OECD Investment Committee at their April 8 wrap-up session following a week of OECD meetings.  This “stakeholder” session gave BIAC an opportunity to underline directly to the OECD committee its business perspectives and priorities on investment policy in a post-pandemic period.

“We see these OECD sessions on FDI policies, especially policies related to international investment agreements as important opportunities to present a business perspective on why FDI is so important to global economic growth, integration, trade and jobs,” said Donnelly, who is a retired U.S. Ambassador and trade negotiator.

Donnelly added: “Frankly, FDI, investment treaties and global economic integration are under unfair political attacks here at home and around the world.  We as business need to tell our story—how international investment flows, both inward and outward, are good for the American economy.  We welcome these opportunities to talk investment issues, not just with like-minded business groups but also with broader mix of participants that we find at OECD, UNCTAD and other UN sessions.  We are particularly grateful to Kimberley Claman from USCIB member company Citi for making time to take on a major speaking role. She did a fantastic job presenting how businesses in the real world approach investment decisions, and how those decisions are good for our economy.”

USCIB Joins COVID-19 Global Workplace Challenge

In advance of World Immunization Week later this month, USCIB has announced on April 6 that it has taken the “COVID-19 Global Workplace Challenge”—a commitment by companies to listen to employees’ needs and concerns about COVID-19 and encourage vaccine confidence and uptake.

The “Workplace Challenge” was launched this spring by Business Partners to CONVINCE, a multi-sector effort to empower a “vaccine-literate” public, based on trust in science and aligned commitment to future COVID-19 vaccines and other novel countermeasures.

“Business can play a pivotal role in addressing vaccine hesitancy with its extensive reach and the high level of trust imbued in employers by their employees,” said USCIB President and CEO Peter Robinson. “I encourage other companies and organizations around the globe to join the Workplace Challenge and, by doing so, showcase their commitment to make their workplaces safer and provide up-to-date information from health professionals to follow the science.

By joining the Workplace Challenge, USCIB agrees to:

  • Listen to employees’ needs and concerns about the impact and prevention of COVID-19
  • Follow the latest public health guidance to protect myself, my employees, my workplace, my customers, and my community from COVID-19
  • Promote vaccine literacy based on the latest scientific evidence of vaccination benefits and risks
  • Encourage vaccine confidence and uptake
  • Advocate for accessible, equitable, and timely vaccination of employees
  • Engage with communities, schools, faith-based organizations and public health leaders to stop the spread of COVID-19

For more information on Business Partners to CONVINCE or to join the Workplace Challenge, please visit: www.businesspartners2convince.org.

USCIB Welcomes Senate’s Unanimous Confirmation Vote on USTR Tai

Photo: Bill O’Leary/The Washington Post/Bloomberg via Getty Images

Washington, D.C., March 18, 2021—The United States Council for International Business (USCIB) salutes the Senate for its unanimous vote on March 17 to confirm Katherine Tai as the next U.S. Trade Representative (USTR), believing she is a solid choice for this important cabinet-level position, bringing outstanding experience as an attorney-advisor and litigator at USTR, as Chief Trade Counsel for the House of Representatives Ways and Means Trade Subcommittee, and as an attorney in the private sector.

America’s economic growth, jobs and competitiveness, our future, depends to a considerable degree on how well we are able to engage and compete in today’s, and tomorrow’s, global economy. USTR Tai will lead America’s efforts on some very important trade and investment issues including our leadership in the World Trade Organization (WTO), updated and improved rules on digital trade, reducing foreign trade and investment barriers hurting American companies and workers, and effectively enforcing our existing network of trade agreements. Tai’s experience with Congress, as well as her expertise in trade law, the WTO and in Asia and China will serve her, and our country, very well in ​this crucial position.

“USCIB knows and respects Ms.Tai and has worked well with her in her important role at the Ways and Means Committee,” said USCIB President and CEO Peter Robinson. “As an organization committed to open trade and investment flows, as well as high standards of corporate responsibility, all of us at USCIB and our member companies look forward to working with Ms.Tai to advance America’s economic interests and our shared values.”

Citi’s Senior Vice President and Managing Director of Global Government Affairs Rick Johnston, who also c​hairs the USCIB Trade and Investment Committee added, “Ms. Tai is the timely choice for this critical role as USTR at a very important an​d challenging time. Winning unanimous support from the Senate is a rare tribute to her abilities, her experience, and the respect she has earned from all quarters. The right leader at the right time for a very important job.”

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 U.S. affiliate of the International Chamber of Commerce, the International Organization of Employers and Business at OECD (BIAC), USCIB provides business views to policy makers and regulatory authorities worldwide and works to facilitate international trade and investment. More at www.uscib.org.

USCIB Welcomes Appointment of Mathias Cormann as New Head of OECD

Mathias Cormann speaks during a Senate inquiry at Parliament House in Canberra, October 20, 2020. (AAP Image/Lukas Coch)

New York, N.Y., March 15, 2021—The United States Council for International Business (USCIB), which represents many of the world’s leading companies and which serves as the U.S. Member Organization of Business at OECD (BIAC), welcomed the announcement of Mathias Cormann, a former Australian finance minister, as the candidate to be appointed the next OECD Secretary General.

Phil O’Reilly, chair of Business at OECD, noted that the OECD’s ability to bring solutions to global challenges relies on its effective consultation with the private sector. “Our input has been critical to the success and implementation of major OECD initiatives,” O’Reilly stated. “Our strengthened collaboration will be essential to further increase the OECD’s policy impact in the coming years.”

“Multilateralism matters now, more than ever, and all of us at USCIB look forward to a productive partnership and a collaborative relationship with the new OECD Secretary General,” said USCIB President and CEO Peter Robinson. “USCIB and our members rely on BIAC’s work with the OECD to achieve the right policy responses and guidance. This cooperation will be critical as we all work together towards economic and social recovery from the COVID-19 pandemic.”

Cormann will succeed Ángel Gurría following his 15-year tenure with the Organization. “We thank Mr. Gurría for his strong leadership and look forward to hitting the ground running with Mr. Cormann to show that multilateralism delivers clear benefits for business and societies,” stated Hanni Rosenbaum, executive director of Business at OECDRick Johnston, Managing Director, International Government Affairs at Citibank, and a vice chair of Business at OECD, joined Robinson in expressing deep appreciation to Secretary-General Gurria for a long and cooperative relationship over his tenure at OECD.

Cormann will assume the role of Secretary General on June 1, 2021 and, upon assuming his post, will be the first person from the Asia-Pacific region to lead the OECD.

In Statement on International Women’s Day, USCIB Recognizes Setbacks Women Face Due to COVID-19

New York, N.Y., March 08, 2021 — On this year’s International Women’s Day, USCIB joins the global community in recognizing the critical contributions of women in responding to, and recovering from, the COVID-19 pandemic — often at the cost of hard-fought gains in equality and economic empowerment. Our task going forward is to ensure that these gains are recovered and that progress continues.

USCIB and its members have long championed the critical role of women’s education, employment and entrepreneurship for their own and their families’ health and well-being, as well as for the health and competitiveness of the societies and economies in which we live and do business. The United Nations report on “The Impact of COVID-19 on Women ” highlights the disproportionate impact that the pandemic has had on women and girls and rightly stresses that we must keep this disparity in mind, as well as be purposeful in championing women as we undertake the task of rebuilding our economies. This shared task confronts governments, business and civil society alike.

Through our engagement in the International Organization of Employers (IOE) and Business at OECD (BIAC), we will continue to work with our business counterparts around the world to address the barriers that continue to confront women and girls and to advance the opportunities that will allow them to thrive and our enterprises to prosper.

Please visit the UN Women’s page for International Women’s Day 2021 “Women in leadership: Achieving an equal future in a COVID-19 world” for statements, stories and updates.

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 U.S. affiliate of the International Chamber of Commerce, the International Organization of Employers and Business at OECD (BIAC), USCIB provides business views to policy makers and regulatory authorities worldwide and works to facilitate international trade and investment. More at www.uscib.org.

Robinson Welcomes COVID-19 Vaccine Collaboration Between Merck, Johnson & Johnson

New York, N.Y., March 03, 2021Peter Robinson, president and chief executive of the United States Council for International Business (USCIB), which represents many of America’s leading global companies, released a statement today in reaction to President Joe Biden’s announcement on March 2 that Merck will help make Johnson & Johnson’s single-shot COVID-19 vaccine:

“We at USCIB commend our member companies J&J and Merck for collaborating in the fight against the COVID-19 pandemic. The partnership between these two companies and the commitment of their CEOs, both of which are USCIB Trustees, brings us a great amount of pride and excitement. Over the years, our motto at USCIB has been ‘Global Business Leadership At Work’ and we are pleased that our member companies have been demonstrating that and leading by example.

“The USCIB Foundation meanwhile is also building momentum on our most recent initiative – Business Partners to CONVINCE – a global, multi-sector effort to empower a ‘vaccine-literate’ public, led by employers as trusted messengers to their employees and based on trust in science and aligned commitment to future COVID-19 vaccines and other novel countermeasures.”

USCIB Statement on the WTO’s New Director-General

Photo credit: Martial Trezzini/EPA, via Shutterstock

New York, N.Y., February 08, 2021: The United States Council for International Business (USCIB), which represents many of America’s leading global companies, welcomed news ​of the Biden administration’s decision to support Dr. Ngozi Okonjo-Iweala as the new Director-General of the World Trade Organization (WTO). This decision is indicative of a shift in U.S. support for the WTO and its view of the criticality of the multilateral trading system. Further, the decision has been viewed as an affirmation of the U.S. commitment to constructively address substantive and procedural reforms.

Dr. Okonjo-Iweala, who will be the first woman to lead the organization, has shared that she intends to take a more active role as Director-General and to act as a sounding board to try to find common ground among the trade body’s disparate membership. Since the departure of former Director-General Roberto Azevedo in August of 2020 and the prior refusal of the U.S. to support Dr. Okonjo-Iweala, the ​future leadership of the WTO has been uncertain.

“Open trade and global value chains are fundamental drivers for recovery from the current global crisis,” said USCIB Senior Vice President for Innovation, Regulation, and Trade Brian Lowry. “Once formally approved by the WTO General Council, Dr. Okonjo-Iweala will have the opportunity to lead the organization into a new era of increased action and inclusive multilateralism.”

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 U.S. affiliate of the International Chamber of Commerce, the International Organization of Employers and Business at OECD (BIAC), USCIB provides business views to policy makers and regulatory authorities worldwide and works to facilitate international trade and investment. More at www.uscib.org.

USCIB Statement on Selection of Samantha Power to Lead USAID

Photo source: www.samanthapower.com

New York, N.Y., January 14, 2021 — President and CEO of the United States Council for International Business (USCIB) Peter Robinson released a statement today in reaction to President-elect Joe Biden’s selection of Ambassador Samantha Power to lead the U.S. Agency for International Development (USAID):

“We welcome President-elect Biden’s selection of Ambassador Samantha Power to lead the U.S. Agency for International Development (USAID). USAID’s mission of humanitarian assistance and sustainable development matters to business, and USCIB looks forward to continuing to work with the dedicated people of USAID to advance American interests in global institutions and in the world marketplace. 

“Vigorous U.S. engagement in multilateral institutions will be indispensable to advance and scale worldwide progress in the four priorities of the incoming Biden/Harris Administration: defeating COVID-19, jump-starting economic recovery, addressing climate change, and promoting racial justice.

“USCIB also welcomes the Biden Administration’s commitment to the UN Agenda 2030 and the Sustainable Development Goals. We encourage attention to opportunities to improve the impact and effectiveness of the 2030 Agenda process and to enhance i opportunities for meaningful and substantive involvement of business and other important societal partners. We call on the U.S. to diversify and increase its SDG2-oriented engagement in international institutions where USAID plays a key role, including the World Food Program, the Food and Agriculture Organization, and the Committee on World Food Security.

“American business has already joined forces with our government, the international community and other stakeholders to respond to the pandemic crisis with cascading global implications for economic development. We encourage Ambassador Power to champion active business participation in policy dialogue, partnership, and implementation on development and humanitarian areas in UN bodies such as UNDP, UNCTAD and UNICEF, among others. Building a trusted and recognized working relationship with business will be key as the international community faces new challenges that require mobilizing the private sector and society as a whole.

“We recognize USAID has consistently pursued partnership with businesses — including local business communities — to advance its mission and has highlighted the importance of economic growth as a pathway out of poverty. USCIB looks forward to a new chapter of American-led multilateral development cooperation in which USAID plays an indispensable role. USCIB members are ready to dialogue with Ambassador Power to inform priorities and pursue strategic multilateral involvement in international development that brings benefits at home and abroad.”

About USCIB: USCIB promotes open markets, competitiveness and innovation, sustainable development and corporate responsibility, supported by international engagement and prudent regulation. Its members include U.S.-based global companies and professional services firms with operations in every region of the world. As the U.S. affiliate of the International Chamber of Commerce (ICC), International Organization of Employers (IOE), and Business at OECD (BIAC), and as the sole U.S. business group with standing in ECOSOC, USCIB provides business views to policy makers and regulatory authorities worldwide, and works to facilitate international trade and investment. More at www.uscib.org