
USCIB was in Geneva for the WTO Public Forum last week, advocating with USCIB members and other industry associations for the launch of a new round of tariff eliminations under the Information Technology Agreement (ITA-3) and for permanent extension of moratorium on customs duties on electronic transmissions.
The meetings with WTO officials, including Director General Ngozi Okonjo-Iweala, and WTO missions made progress in laying the ground work for member objectives, but also provided important insights into how USCIB and member companies can navigate the challenges ahead.
USCIB member companies also met with Representative Director of the International Chamber of Commerce (ICC) in Geneva Crispin Conroy to discuss the WTO landscape and USCIB/ICC international trade priorities. USCIB is working closely with ICC on WTO workstreams including with respect to the Joint Statement Initiative on Electronic Commerce, the e-commerce moratorium, the Trade and Environmental Sustainability Structured Discussions (TESSD) and WTO reform.
USCIB and ICC remain strong advocates for a more formal role for business and civil society input at the WTO, especially as the forum becomes one more focused on policy discussion.
USCIB submitted comments to the U.S. Trade Representative regarding China’s WTO compliance with its World Trade Organization commitments, raising a broad array of concerns including in the areas of digital, intellectual property rights (IPR), regulatory policies, competition, transparency and standards.
As the United Nations opened its 77th Session of the General Assembly, USCIB was on hand to inform the deliberations. USCIB convened several high-level meetings, which delivered impactful and informative dialogues and practical next steps. Throughout, USCIB highlighted the private sector’s commitment to the UN Sustainable Development Goals (SDGs) and the UN Secretary General’s visionary Our Common Agenda, and to effective and resilient multilateral institutions, led by the UN. Below, we are pleased to share perspectives by USCIB’s leadership—USCIB President and CEO Peter Robinson and USCIB Board of Trustees’ Sustainability Champion and Novozymes CEO Ester Baiget—on UNGA77 and the private sector’s role, as well as summaries of USCIB events during UNGA77. Finally, we also include a look-ahead at USCIB’s ambitious plan for UN engagement and advocacy for 2023 and beyond by USCIB SVP Norine Kennedy.
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The U.S.-Kenya Strategic Trade and Investment Partnership (STIP) initiative launched July 14, the Biden Administration’s overture to Kenya in lieu of free trade agreement (FTA) negotiations begun in 2020. The negotiation seeks to advance shared priorities in the areas of investment, sustainable and inclusive economic growth, worker rights and African regional economic integration but, like other Biden Administration trade initiatives, lacks the ambition of an FTA, excluding important market access and other components.