Business at OECD (BIAC) held its annual consultation with OECD Ambassadors and Leadership on February 22 with the theme, “Exiting Crisis Mode: Addressing Business Recovery, Risks and Realities.” USCIB President and CEO Peter Robinson participated as a BIAC spokesperson with an intervention focusing on “Digital,” in which he emphasized several points that honed in on ensuring inclusive and sustainable outcomes.
Robinson noted that the business community looks to the OECD to lead in the development of consistent, coherent and cross-cutting policy frameworks for emerging digital technologies. “We point to the OECD AI principles as an excellent example of how multi-stakeholder processes can develop cutting edge principles for the digital economy,” stated Robinson.
He also stressed the need for globally interoperable data policy frameworks that facilitate more responsible data-sharing and collaboration, as well as enforceable cross-border and cross-sector data flows—adding that the upcoming OECD Digital Ministerial will be an important opportunity for the OECD to deliver cross-cutting data governance policy guidance that works for business, governments and individuals alike.
Finally, Robinson emphasized support for OECD efforts to produce high-level principles addressing the critical issue of trusted government access to personal data held by the private sector. “OECD is best placed to address this important issue, which underpins economic growth and societal well-being,” stressed Robinson.
BIAC provided other interventions on various policy priorities such as trade and investment, climate change, energy, taxation, employment and health, with BIAC representatives including several BIAC Committee Chairs and Vice Chairs. The BIAC input was responded to by OECD Ambassadors, including U.S. Ambassador Jack Markell, as well as representatives of the OECD Secretariat.
The Annual Consultation was opened by OECD Secretary-General Mathias Cormann, BIAC Chair Rick Johnston (Citi and USCIB board member), and Italian BIAC Board member Emma Marcegaglia, who served as chair of Italy B20.
A summary of the meeting by BIAC is available here, which includes a link to BIAC’s Recommendations from the private sector affirming the role of the market economy.
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