Business leaders and CEOs from major global corporations convened at the Paris headquarters of USCIB’s affiliate the International Chamber of Commerce (ICC) this week for the inaugural meeting of the ICC G20 Advisory Group, a global business initiative aimed at delivering policy input to the G20 process.
The ICC G20 Advisory Group is channelling its efforts ahead of the G20 Summit – being held in Cannes, France, on November 3-4, 2011 – to introduce a set of policy views representing the priorities of businesses worldwide, both large and small.
“The G20’s expanding policy agenda directly impacts business’s core goals for trade, economic growth and job creation,” said ICC Vice Chairman and USCIB Chairman Harold McGraw III, who is also chairman, president and CEO of The McGraw-Hill Companies. “We must establish an ongoing public-private partnership to ensure that the input and priorities of companies driving the world economy are better reflected in government resolutions.”
ICC has established the G20 Advisory Group, comprised of CEOs, to effectively target G20 policy development on a global scale. The group aims to establish an enduring, legitimate voice of global business – eventually recognized by the G20 governments as the primary source of business expertise on the global policy agenda.
“We want to press for the inclusion of business views in deliberations by G20 Heads of State and to introduce fresh ideas and innovative programmes to support open trade, economic growth and employment,” said ICC Secretary General Jean-Guy Carrier.
The G20 Advisory Group policy work has been shaped to concentrate on the 2011 agenda of G20 issues as set by the host country France, as well as on priorities the Advisory Group wishes to see addressed. These are:
- Trade, investment and development
- Strengthening financial regulation
- Fighting corruption
- Reforming the international monetary system
- Reducing commodity price volatility
- Green growth
Global business input on these issues will be delivered to G20 leaders starting at the government “Sherpa” level in the lead-up to Cannes. ICC will unveil these policy positions as the meetings unfold.
While in Paris, Mr. McGraw met with ICC staff and briefed them on his priorities when he takes up the chairmanship of the world business organization next year. He also addressed the OECD’s 50th-anniversary ministerial meeting. For more on that story, click here.
Read more about the G20 Advisory Group on ICC’s website.
USCIB’s other two major affiliates, the Business and Industry Advisory Committee to the OECD (BIAC) and the International Organization of Employers (IOE), were also active this week in Paris, representing business in a major conference in preparation for September’s G20 Labor Ministerial.
Staff Contact: Ronnie Goldberg
Related: At High-Level Conference, Business Engages With G20 on Labor Issues (May 25, 2011)
