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
Toward a multilateral
framework for investment
Vale Columbia Center on Sustainable International
Investment – September 2, 2013
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
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
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
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
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
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
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
The Huffington Post – July 19, 2013
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,
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
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
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
Bloomberg Businessweek – July 10, 2013
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
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
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
(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
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
Post – June 13, 2013
Malta ranked in fifth place
in Open Market Index
Business Weekly – June 25, 2013
Ireland in top 10 for trade
Independent – June 12, 2013
Brazil Ranked Lowest in G-20 in Trade Openness Study,
Bloomberg Businessweek – June 11, 2013
G8 Summit: ICC Study Shows Leaders Hypocritical on Trade
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
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
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
- 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.
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
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
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
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
US law ruins chance of fair
(China) – May 16, 2013
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
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 »
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
Commercial arbitration in the globalization era
Jakarta Post - April
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
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
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
Donnelly is interviewed by Caixin TV in China on the topic of a possible
US-China bilateral investment treaty (report is in Mandarin).
US Council for International
Business Names Mulligan SVP of Policy
The Journal of Commerce – March 5, 2013
of USCIB naming Rob Mulligan its senior vice president for policy and
'Made in the World'
Shipper – February 2013
USCIB Customs Committee Chair Jerry Cook (HanesBrands) writes about
the importance of overseas production and global supply networks for U.S.
economic growth and job creation. A report by USCIB and Business Roundtable is cited.
Doors closing for tax dodge schemes
Business Day (New Zealand) - January 14, 2013
The OECD’s chief tax
official says business is on board with proposed changes to transfer pricing
rules. BIAC is cited.
Honours for servants of Gulf industry
Financial Times - January 10, 2013
Sheikha Haya bint
Rashid Al Khalifa has been named as the new chair of ICC’s Bahrain chapter.
Bacchus named to chair international trade panel
Orlando Business Journal - January 3, 2013
Former Congressman and
Orlando-area attorney James Bacchus has been named the chair of ICC’s
Commission on Trade and Investment Policy.
DoddFrank penalises conflict mineral probity
Financial Times - December 21, 2012
In a letter to the
editor, USCIB Vice President Adam Greene writes that little-known provisions
on conflict minerals in the Dodd-Frank law have backfired and driven even
more of the minerals trade underground.
Communications Daily – December 18, 2012
USCIB is disappointed
with the outcome of the World Conference on International Telecommunications,
where nations split on a telecommunications agreement that included language
on Internet governance.
Intellectual property protected
Pravda (Russia) - December 12, 2012
At a forum in Moscow,
the head of ICC’s Russian national committee pointed to the importance of
protecting IP rights in the context of national economic development.
Companies Expanding Overseas Create U.S. Jobs, Study
Bloomberg Businessweek- December 4, 2012
Seib & Wessel: What We’re Reading Tuesday
The Wall Street Journal - December 4, 2012
CEOs Tout Multinationals’ Role in Economy
Politico Pro - December 4, 2012
Companies expanding overseas want more policy support,
Directorship - December 5, 2012
Participation in the Global Economy Keeps U.S. Economy
Area Development - December 12, 2012
For exports, the spoils go to the biggest
The Washington Post - January 9, 2013
Trade deals could help President Obama with business
Politico - December 3, 2012
Shadow Government: We need a strategic pivot to Latin America
Foreign Policy – December 10, 2012
Coverage of the study
conducted for USCIB and the Business Roundtable on American companies and
global supply networks, which noted that U.S. companies operating
internationally help spur economic growth that creates domestic jobs to meet
demand in foreign markets.