G20 Summit Japan

G20 Summit Japan

June 28-29

Osaka, Japan

On June 28-29, 2019, the leaders of the G20 will gather in Osaka as Japan hosts its first ever G20 Summit. Concurrent with the Summit meeting, the Finance Ministers and Central Bank Governors’ Meeting, the Foreign Ministers’ Meeting, and other ministerial meetings will also be held at eight different locations throughout Japan.

During its presidency of the G20 Summit, the Japanese government is determined to carry out strong leadership in advancing discussions toward resolving the myriad issues now facing the international community.

At the same time, the G20 Summit is a perfect opportunity for people from all over the world to see and experience not only a newly revitalized and transforming Japan—which is thanks to booming corporate profits and a wave of inbound investment as a result of bold regulatory reforms and other stimulus measures—but also the wide-ranging appeal of the various regions that will host these consequential discussions.

For more information: https://www.japan.go.jp/g20japan/

USCIB Trade and Investment Committee

USCIB Trade and Investment Committee will be on Thursday, June 20.

The Committee will meet at Citigroup offices:

1101 Pennsylvania Ave., Suite 1000, Washington, DC

9:00 a.m. -11:30 a.m.

For questions or RSVP, contact to Chris Olsen (colsen@uscib.org).

ICC Centenary Summit

The ICC Centenary Summit will be taking place on May 28, 2019 at the Hôtel Salomon de Rothschild (2:00pm-7:00pm).

The Summit will be followed by a cocktail reception at the same location.

Featuring distinguished corporate leaders as well as influential figures from political and civil society, the Summit will provide a platform for engaging discussions on how the private sector can pioneer solutions to help address important global challenges, such as world trade reform, climate change, rising inequality, digital inclusion and long-term market incentives.

Confirmed speakers/participants:

  • Paul Polman, ICC Chair;
  • Marcus Wallenberg, Chairman, SEB;
  • Karien van Gennip, CEO, ING France;
  • Sunil Bharti Mittal, Founder and Chairman, Bharti Enterprises;
  • Victor Fung, Honorary Chairman, Li & Fung;
  • Simon Evenett, Professor of International Trade and Economic Development, University of St. Gallen;
  • Philippe Varin, Chairman, Orano.

For more information contact Crys Won (cwon@uscib.org)

US Business Launches ‘All In’ Initiative to Advance Business Engagement for Global Goals Implementation

Geneva Week roundtable

USCIB partnered with the International Chamber of Commerce (ICC) and the International Organization of Employers (IOE) to convene the first ‘All In’ Roundtable on Inclusive Multilateralism, Sustainable Development Goals (SDGs) and Business. USCIB’s ‘All In” Initiative seeks to launch a global conversation on how to strengthen dialogue, partnership and engagement with business to advance implementation of 2015 outcomes.

Over fifty participants from Geneva-based diplomatic missions, UN bodies, NGOs and business joined the event, including:

  • UN High Commissioner on Human Rights Michelle Bachelet
  • Charge d’Affaires, ad Interim, of the U.S. Mission to the United Nations and Other International Organizations Mark Cassayre
  • Secretary General of the International Labor Organization (ILO) Guy Ryder
  • Secretary General of the UN Conference on Trade and Development (UNCTAD) Mukhisa Kituyi
  • UK Ambassador to the UN in Geneva Julian Braithwaite
UN High Commissioner for Human Rights Michelle Bachelet speaks at the All In Roundtable

Expert panelists from the World Intellectual Property Organization (WIPO),UNICEF, the International Union for the Conservation of Nature (IUCN), the UN Global Compact and the Partnering Initiative reflected on two themes that were raised in All In Discussion Starter papers:

Public Private Partnerships with the UN – Designing for SDG impact

Leveraging public private sector cooperation on technical and scientific knowledge for targeted SDG implementation

“The event highlighted the diverse variety of working arrangements to engage with non-state actors and the private sector,” said USCIB Vice President for Strategic International Engagement, Environment and Energy Norine Kennedy. “Through the “All In” initiative USCIB will draw on its long experience in the multilateral system to highlight what has worked well and to flag areas where further partnership, improvement and strengthening are needed to speed up and scale SDG impact. “

Further ‘All In’ roundtables are planned for Bangkok and other UN cities, on additional themes, including metrics for impact, infrastructure investment for SDG action and economic empowerment and inclusion. Based on this series of discussions throughout 2019, ‘All In’ will develop a 2020 Action Plan for Inclusive Multilateralism.

The ‘All In’ roundtable took place in conjunction with USCIB’s second annual Geneva Week, May 6-9.

USCIB Geneva Week Highlights US Business Priorities for Inclusive Multilateralism

USCIB Geneva Week delegation

A delegation of USCIB members joined USCIB’s second annual Geneva Week May 6 – 9 to highlight U.S. business priority issues, underscore USCIB’s continuing commitment to engage constructively in the multilateral system and advance U.S. innovation and partnership for the UN Sustainable Development Goals (SDGs). USCIB also held its public launch of the ‘All In’ Initiative in Geneva on May 8, with a luncheon and roundtable discussion on inclusive multilateralism, SDGs and business.

USCIB Geneva Week provided an opportunity to discuss with diplomatic missions and UN entities enhanced access to intergovernmental organizations and to foster increased engagement between the public and private sectors. Geneva Week included meetings with representatives from the World Health Organization (WHO), as well as bilateral meetings with a range of national missions, including the United States, Brazil, Ethiopia and Japan. The USCIB delegation was welcomed by the Director General of World Intellectual Property Rights Organization (WIPO) Francis Gurry and took part in a series of thematic briefings and discussions with other WIPO officials.

USCIB’s Geneva Week delegation included representatives from AB InBev, Bayer, BIO, Cargill, The Coca-Cola Company, Ferrero, Mastercard, and PepsiCo. USCIB Vice Presidents Norine Kennedy and Mike Michener, Senior Director for Membership Alison Hoiem and Policy and Program Assistant Mia Lauter supported the group in meetings throughout the course of the week.

Members also joined a Geneva Business Dialogue at the World Trade Organization (WTO), hosted by theInternational Chamber of Commerce (ICC), ICC Switzerland and USCIB.  Joining a panel of speakers from the government of Switzerland and the EU Mission were private sector representatives from Nestle, Novartis and Ab InBev to highlight opportunities to create shared value using the SDGs as a framework.

Senior Vice President of Ferrero U.S.A. Gerald Kunde, who also chaired the delegation, was pleased with the outcome. “The USCIB team did an amazing job organizing and executing Geneva Week and the ‘All In’ Roundtable,” said Kunde. “Relationships are at the heart of our business. This year’s program advanced existing relationships, established new ones and greatly enhanced the private sector’s commitment to inclusive multilateralism.”

“Connecting members to key multilateral leaders and representatives of member states in important UN cities like Geneva is a fundamental part of USCIB’s policy work,” said Michener.  “We are very satisfied with the both the level and content of our engagement this week, and grateful to our members for their interest and active participation.”

USCIB will prepare a summary report of USCIB Geneva Week meetings for members and will begin to plan follow-up meetings for relevant committees with the Administration to consider next steps.

World Trade Week: International Trade Awards Breakfast

The International Trade Awards Breakfast offers a unique chance to recognize the achievements of practitioners in field and facilitate the promotion of small businesses around the world. This event recognizes the importance of international trade to the growth of the region’s economy and celebrates the companies and organizations that contribute to it. Attendees will have the opportunity to network and learn of the global initiatives and resources available in the New York metro area. U.S. Department of Commerce Under Secretary for International Trade Gilbert Kaplan speak and present Department of Commerce export awards at the breakfast.

Register Now

https://www.worldtradeweeknyc.org/

Date

Monday, May 13, 2019

8:30 AM – 11:00AM

Location

Baruch College

55 Lexington Avenue (24th Street and Lexington Avenue) New York City

 

 

 

Nobody Wins in Escalation of U.S.-China Trade Fight, Says USCIB

Washington, D.C., May 8, 2019 – The United States Council for International Business (USCIB), which represents America’s most successful global companies, appealed to the United States and China to ratchet down their trade fight in the wake of President Trump‘s decision to increase duties on some $200 billion of Chinese exports from 10 percent to 25 percent.

“When the U.S. and China fight, nobody wins, as the past year’s market gyrations, lost deals, and strained diplomatic ties have made abundantly clear,” said USCIB President and CEO Peter Robinson. “American business continues to have major problems with China’s commercial policies, but we simply must find a way to tackle these that doesn’t turn our most competitive companies into collateral damage.”

Robinson continued: “The earlier rounds of tariffs, coupled with China’s retaliatory measures, are already a significant strain on U.S. consumers, and on the economy as a whole. This latest U.S. escalation, and the inevitable Chinese response will impose considerable additional strains on our exporters and on companies, workers and communities that rely on international trade to succeed.”

Robinson urged the Trump administration to work more closely with key U.S. trading partners and with the business community to address serious Chinese trade abuses, including referring U.S. complaints to the World Trade Organization.

“The U.S. has won some important victories, including against discriminatory Chinese practices and policies, in the WTO lately,” he noted. “We should use the multilateral platform as it was intended to be used, to defuse escalating trade tensions, and to end the uncertainty that is rattling markets and fraying the nerves of both business owners and consumers.”

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, generating $5 trillion in annual revenues and employing over 11 million people worldwide. As the U.S. affiliate of several leading international business organizations, 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 Not Bullish on Prospect of New China Tariffs

USCIB joined other members of the American for Free Trade coalition to issue a statement to President Trump in response to his announcement on May 3 to increase the China tariffs from 10 to 25 percent, representing a tariff total of $200 billion.

The statement highlighted key figures that indicated the enormous consequences the tariffs would have on the U.S. economy and consumers. According to the statement, not only would this increase result in a loss of nearly one million jobs, but current tariffs already burden consumers with $69 billion in added costs.

“For ten months, Americans have been paying the full cost of the trade war, not China,” read the statement, which referred to the 10 percent of tariffs imposed earlier this year. “To be clear, tariffs are taxes that Americans pay, and this sudden increase with little notice will only punish U.S. farmers, businesses and consumers.”

Eva Hampl, who leads USCIB’s work on China also emphasized: “The tariffs currently imposed on Chinese imports are already a significant strain on the U.S. economy and consumers. An increase on such a broad cross section of industries will exacerbate the negative effects to a degree that will be a significant challenge for companies.”

USCIB Geneva Week-Business in Society: Shared Values

USCIB will hold its second annual Geneva Week trip for members and prospects May 6-10, 2019 under the theme: “Business in Society: Shared Values.” 

USCIB is pleased to announce that meetings with the following organizations are now confirmed: U.S. Mission, the World Intellectual Property Organization (WIPO), the World Health Organization (WHO) and the World Trade Organization (WTO). Additional meetings will be confirmed in the coming weeks. Please check this page for updates.

The purpose of Geneva Week is to generate valuable conversations and connections between the U.S. business community and UN Agencies, Missions to the UN-Geneva, and other important Permanent Representatives in Geneva. It is a week-long opportunity to:

  • highlight your company’s work and policy priorities in the areas of health care, intellectual property, nutrition and sustainability;
  • demonstrate business’ commitment and contributions towards shared goals; and
  • raise any key concerns you may have regarding the intersection of international policy making and global business.

USCIB’s targets for interactions include senior management from several Geneva-based UN Agencies and Permanent Missions, including:

Agencies Include:

  • The World Intellectual Property Organization (WIPO)
  • The World Health Organization (WHO)
  • UN Environment’s Chemicals and Wastes division

Missions Include:

  • U.S. Mission to the UN
  • Australian Mission to the UN
  • Brazilian Mission to the UN
  • Canadian Mission to the UN
  • EU Mission to the UN
  • Japanese Mission to the UN
  • UK Mission to the UN

Our desired outcome from the week is to build and strengthen relationships in support of continued and ongoing communication between Geneva-based institutions and the business community, as well as to ensure that UN Agencies and Missions clearly understand:

  • Our shared values – how and where the synergies and areas of cooperation exist between business and multi-lateral institutions – and
  • Our concerns regarding business access and business’ license to operate

Participation in USCIB’s Geneva Week is by invitation only, and costs a fee of $750.00. As spaces are limited, please contact Mia Lauter (mlauter@uscib.org) to RSVP or to receive more information.

USCIB Co-Sponsors Reception to Promote OECD Trade Priorities

Dominik Kümmerle (Business at OECD), Cliff Sosnow (Business at OECD Trade Committee), Pat Ivory (Ibec, Business at OECD Trade Committee), Eva Hampl (USCIB), Russell Mills (Business at OECD), Julia Nielson (OECD Trade Directorate)

USCIB Senior Director for Trade, Investment and Financial Services Eva Hampl joined global business colleagues from Business at OECD and Irish Business (Ibec) to co-sponsor a reception in Paris on April 25 to officially launch a report “Business at OECD Considerations for Trade and Investment – Priorities for Future OECD Work.” Th event was held in conjunction with the OECD Trade Committee meetings which took place the week of April 22, and built on the report by reinforcing the relationship between Business at OECD and the OECD Trade Committee.

Chair of the OECD Trade Committee Ambassador Didier Chambovey, who serves as head of the Swiss Permanent Mission to the WTO and EFTA, made a few opening remarks at the reception, underlining the importance of the relationship between Business at OECD and the OECD Trade Committee. Pat Ivory, vice chair of the Business at OECD Trade Committee joined Hampl in making a few comments, highlighting issues of importance to Business at OECD and USCIB’s respective economies and business more broadly.

In her remarks, Hampl noted the challenges the global economy is faced with in the midst of so many countries turning inward denouncing globalization and promoting protectionist policies. “In that context, the most effective way to push back is with empirical evidence—on issues like services, global value chains, policies related to national security and the danger of trade restrictive measures such as tariffs or quotas to the global trading system,” said Hampl. “We must look to the future of the global economy; that is why the work that is currently being done on digital trade at the OECD is invaluable to business – all of our companies operate in the digital space and understanding exactly how the digital economy works is key to successfully regulating this space.

While in Paris, Hampl also attended the OECD Trade Committee meetings April 22-26. According to Hampl, while there were many issues on the agenda, the clear focus across the board was on digital trade. “While the OECD does not directly engage in the WTO E-Commerce negotiation, there is a keen awareness the role the analytical work done at the OECD can play in advancing the negotiations at the WTO,” said Hampl. To that end, Business at OECD circulated a paper on what business is looking for in the WTO E-Commerce negotiations and how the OECD can contribute to the effort.

In addition to attending the official sessions of the OECD Trade Committee, where Business at OECD made interventions on the preparations for the Ministerial Council Meeting (MCM) in May 2019, the Interim Economic Outlook, and Digital Trade, Business at OECD also held its own meeting focused on business priorities. That meeting included an extensive exchange on the Committee’s priorities and next steps where much of the conversation centered on digital trade in its various forms, but also addressed broader issues like China and the state of the global economy. A dinner with OECD leadership also provided a great opportunity to informally exchange views on these important issues.