Accented Stories Archives

Kennedy Advocates for Business Mainstreaming in OECD Expert Panel on Post-COP26 Action  

Published on March 8, 2022

The OECD Washington Center co-organized an expert panel discussion on “Post-COP26: Driving Climate Action” last month. The discussion focused on how to understand and continue the momentum of the 26th United Nations Climate Change Conference (COP26) which transpired in Glasgow, Scotland in November 2021. As USCIB’s lead environment, energy and climate change expert, Senior Vice President of Policy and Global Strategy, Norine Kennedy supported USCIB members attending COP26.  

Other speakers on the panel included the Deputy Director of the Environment Directorate at OECD Ingrid Barnsley; Director of International Climate Initiatives at the World Resources Institute David Waskow, and Lead Climate Lawyer at the U.S. State Department Andrew Neustaetter.

Kennedy remarked that COP26 was noteworthy, “not just because of the turnout and the accomplishments, but also because we have never seen that kind of engagement from U.S. business – and indeed – from business at large.” Kennedy also pointed out that hundreds of CEOs attended, as well as thousands of business representatives from all over the world. With numerous and substantial voluntary pledges made by the private sector, COP26 demonstrated the unprecedented willingness of business to act on climate change.

USCIB is already starting to plan its engagement in COP27 in November in Egypt to build on these commitments and to ensure such business actions are taken into account in the Paris Agreement global stock-take, which will provide the basis for additional commitments by governments.   

Yet business received only scant mention in COP26 concluding documents. “While the outcome documents from Glasgow refer multiple times to a range of constituencies, business was barely mentioned, aside from Article 6 on carbon pricing,” said Kennedy.   

In closing, Kennedy emphasized that USCIB members support meaningful inclusion and mainstreaming of business as necessary to scale up action to keep 1.5 alive, ramp up further deployment of private sector innovation and investment and bring private sector solutions and employment, including in connection with adaptation and resilience.

To watch a recording of the panel, please visit this website.  

USCIB Calls for Private Sector Solutions and Engagement at UN Environment Assembly

Published on March 2, 2022

The United Nations is convening a meeting of its central environmental policy body, the UN Environment Assembly (UNEA 5.2) in Nairobi, Kenya from February 28 – March 4. Taking central stage at UNEA is the launch of negotiations towards a legally binding global instrument to tackle plastics pollution. Other expected outcomes include further global decisions on circular economy, green recovery, and a proposed science-policy panel on pollution.    

In a letter to U.S. Assistant Secretary for Oceans and International Environmental and Scientific Affairs Monica Medina and other Administration decisionmakers, USCIB called for inclusion of private sector expertise and recommendations in the formative stages of that new treaty, which will have supply chain and trade impacts for every industry sector.  

Among several recommendations concerning the expected global plastic pollution agreement, the USCIB letter noted that: “UNEA 5.2 conclusions on plastic pollution should take into account the sectors and supply chains that will be impacted, reflecting potential benefits and challenges. It will be crucial to work closely with experts from the business community to reach an effective and implementable agreement that tackles plastics pollution, promotes innovation and investment, and advances a circular economy.” 

With regard to other expected decisions at the upcoming conference, USCIB encourages UNEA 5.2 conclusions that: “Ensure participation of the private sector and other stakeholders in the development of future UN Environment Programme (UNEP) reports and future work streams, including a potential Science Policy Panel. Any further steps in this area should explicitly include and provide a role for business, and refrain from setting criteria for involvement that effectively disqualify the private sector.”

USCIB Senior Vice President for Policy and Global Strategy Norine Kennedy joined U.S. and global business representatives attending the negotiations in person in Nairobi. Kennedy stated that, “as the international community advances action on the triple environment challenges of climate change, biodiversity loss and pollution, USCIB believes the private sector is indispensable to successful implementation, and we stand ready to provide business views and technical knowhow to inform these vital deliberations.” 

USCIB Statement on Russia Conflict in Ukraine

Published on February 24, 2022

New York, N.Y., February 24, 2022 – As conflict tragically unfolds in Ukraine, USCIB joins President Biden in denouncing the shocking attack by Russia on a sovereign nation and on the global rules-based order. USCIB deplores the impact of this aggression on innocent people, and the destabilization and disruption it brings in its wake. We are more committed than ever to the fundamental importance of peace and security, democracy and multilateral cooperation for American business and for the international community.

We fully agree with UN Secretary General António Guterres when he urgently called for “a ceasefire and return to the path of dialogue and negotiations to save the people in Ukraine and beyond from the scourge of war.”

We are sharing the “ICC Statement on Russia – Ukraine Conflict” issued this morning by ICC Secretary General John Denton, and the setting out of ICC’s next steps to assess and address potential economic and trade disruption. We will continue to keep members apprised of further developments.

USCIB Supports Strengthening Trade, Investment, Economic Ties in Indo-Pacific

Published on February 23, 2022

USCIB was among a dozen other trade associations in submitting a letter to the Biden Administration welcoming the launch of the Indo-Pacific Economic Framework (IPEF) initiative as part of the government’s Indo-Pacific strategy. USCIB’s engagement on the letter was led by USCIB Trade and Investment Committee Chair, Rick Johnston.

The letter stated: “We agree that strengthening trade, investment and economic ties with the region benefits all Americans. The United States needs an affirmative agenda with allies and key partners in the Indo-Pacific to advance shared economic and strategic interests. The United States, as well as our allies and key trading partners, would benefit most from an ambitious and comprehensive IPEF initiative with enforceable commitments, new market opportunities, and wide adoption of high standards.”

“It is critical that U.S. industry voices its support for Biden Administration leadership in engaging this important region of the world,” said USCIB Director for Investment, Trade and China Alice Slayton Clark.

According to the letter, the Indo-Pacific already accounts for $1.75 trillion in trade with the United States and thirty percent of U.S. goods and services exports, supporting millions of American jobs.

USCIB Meets With Australian Consul General to Discuss Mutual Interests, Future Collaboration

Published on February 23, 2022
Left to right: Nick Greiner, Peter Robinson

USCIB had the honor of hosting Australian Consul General Nick Greiner and his colleague Mike Ryan on February 16 in the USCIB New York office.

The meeting between the Australian delegation and USCIB, which included USCIB President and CEO Peter Robinson and Senior Vice President for Policy and Global Strategy Norine Kennedy, allowed for a candid discussion of mutual interests and potential future collaboration—namely in trade and investment, climate change and digital economy, among others.

It was acknowledged that USCIB and its Australian counterpart, the Australian Chamber of Commerce and Industry (ACCI), are both privileged to serve as the respective national affiliates of the three main global business organizations: International Chamber of Commerce (ICC), International Organization of Employers (IOE), and Business at OECD (BIAC).

ACCI also serves as a Steering Team Partner on The USCIB Foundation’s Business Partners to CONVINCE initiative, which is a global network of employers of all sizes that seeks to build vaccine confidence and support uptake among employees.

The Australian Consulate is located in the same building as the Australian Mission to the United Nations, and Consul General Greiner generously offered to introduce USCIB to the latter.

Business at OECD (BIAC) Holds Annual Consultation With OECD Ambassadors and Leadership

Published on February 22, 2022
2022 Annual Consultation with OECD Ambassadors and Leadership

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.

USCIB Offers Business Recommendations to UN Partnership Forum  

Published on February 9, 2022

The 2022 United Nations (UN) Economic and Social Council (ECOSOC) Partnership Forum was held on February 2, under the theme “Building back better from the coronavirus disease (COVID-19) while advancing the full implementation of the 2030 Agenda for Sustainable Development.” This Forum is the first in a series of SDG-related meetings leading up to the UN General Assembly, and the only focused on SDG17, Partnerships. 

USCIB was invited to speak during the Opening Plenary as the U.S. Business representative through its standing in the UN Major Group for Business and Industry, where USCIB Senior Vice President Norine Kennedy is a Co-Chair. Kennedy invited USCIB members, Bayer, to speak on behalf of U.S. Business. Representing Bayer, Dr. Alejandra Castro, Global Head of Partnerships and International Organizations, emphasized the criticality of multilateral partnerships being inclusive, and how the U.N. Sustainable Development Goals (SDGs) continues to serve as the sustainability framework for business planning and action to advance sustainability in partnership with the international community and with all stakeholders.

Castro continued speaking on how, for Bayer, when focusing on sustainability within food and agriculture, they “have welcomed openness across the UN system to partnering with business on pandemic response –and recovery – and many members of business and industry have stepped forward. Farmers have been supporting our food system at a time where markets are facing shutdowns, slowdowns, climate change and economic crisis.” In closing out her remarks, Castro underlined the readiness of USCIB and all colleagues in business to work with the international community to get back on track, and to build back better with dedication to inclusive multilateralism that engages every societal partner working side by side with governments, and with one another.  

The Secretary General’s report, Our Common Agenda (OCA), was frequently referenced during the Forum – both by speakers and attendees. The OCA contains ninety recommendations setting out to supercharge action towards realizing the 2030 Agenda for Sustainable Development and will play a critical role in multilateral partnerships moving forward. 

USCIB, with the International Organization of Empoyers (IOE), co-chairs the Business and Industry Major Group at the UN in New York. IOE organized two events in the Forum:  

USCIB Commences 2022 With Robust Engagement With Biden Trade Officials

Published on February 2, 2022

USCIB is off to a vigorous start in 2022 in the area of business advocacy. In January, USCIB Director for Investment, Trade and China Alice Slayton Clark held three major committee meetings to bring USCIB members together with Biden Administration officials to discuss China, India and Indo-Pacific trade policy.

Launching this effort, the USCIB China Committee met January 11 for an off-the-record virtual discussion with Deputy Assistant USTR for China Affairs Tim Wineland regarding the key issues confronting the U.S.-China trade relationship. The meeting provided an opportunity for USCIB members to discuss the latest policy developments impacting relations with one of our largest trading partners; topics addressed included the Biden-Xi virtual leaders’ summit, the Administration’s new China trade policy and negotiating agenda for 2022, an assessment of the China Phase 1 trade agreement, and the U.S. plan to address industrial subsidies with China, among other concerns.

The following week, USCIB members met January 19 with Assistant USTR for South and Central Asia Chris Wilson and Deputy Assistant USTR Brendan Lynch for an update on the US-India Trade Policy Forum (TPF) process and the chance to share trade concerns to help inform U.S. priorities as TPF working groups in the areas of agriculture (regulatory alignment), non-agriculture, intellectual property, and services (including digital) are formed for 2022.  A dialogue established by India and the United States in 2005, the TPF was on pause for several years until the Biden Administration relaunched it with an inaugural meeting November 23, 2021.

According to Clark, “the TPF is important to the elimination of trade barriers between the United States and India, and we are grateful to the Biden Administration for resetting the bilateral relationship by reviving this process.  It was important for USCIB members to talk with the negotiators and share their company concerns so the discussions can yield the best results for U.S. industry and its workers.”

Finally, Deputy Assistant Secretary for Asia at the Department of Commerce Pamela Phan joined the USCIB Trade and Investment Committee quarterly meeting January 27 to discuss the Biden Administration’s recently announced Indo-Pacific Economic Framework (IPEF). The IPEF is a Biden Administration initiative intended to reassert U.S. leadership and influence, particularly vis-à-vis China’s economic linkages in the region.  While IPEF is in its early stages, USCIB felt it important to engage with Administration officials now to help shape workstreams and expectations for the discussions ahead.

USCIB Launches Competition Webinar Series; First One Focuses on China

Published on January 26, 2022

The USCIB Competition Committee launched a new webinar series for 2022 titled “Updates in International Competition Law and Enforcement,” spotlighting antitrust developments in key jurisdictions around the globe.

The first event was held last week, focusing on China antitrust regulation and enforcement and featuring experts from the International Chamber of Commerce (ICC) China National Commission: Dr. Hao Zhan, managing partner at Anjie Law Firm Beijing and ICC Competition Commission regional ambassador to China, Susan Ning, senior partner and head of compliance department of King & Wood Mallesons in Beijing, and Song Ying, antitrust partner at Anjie Law Firm Beijing.

“We hope these webinars will benefit USCIB members, giving them the opportunity to learn from competition experts from around the globe on issues critical to their business,” said USCIB Director Investment, Trade and China Alice Slayton Clark.

Zhan discussed recent fundamental changes in China’s antitrust system, with consolidation in 2018 of three authorities into the State Administration for Market Regulation (SAMR), a centralized, vice ministry level authority with more power to promulgate and enforce competition rules and laws. According to Zhan, this has ushered in a new era of antitrust enforcement in China with the establishment of the State Anti-Monopoly Bureau and more cases and higher penalties targeting mostly the media, finance, technology internet platform and pharmaceutical sectors.

Ning outlined the Anti-Monopoly Law, draft amendments released in October 2021 and the anti-monopoly guidelines on the platform economy enacted in February 2021. She discussed how the trend in China is to focus antitrust efforts on the platform economy, focusing on the role of algorithms and platform technologies being misused to exclude or coordinate with others in the marketplace.  Vertical, horizontal and hub and spoke relationships are all targeted. She also discussed the behavior patterns for big data killing, when platforms discriminate in pricing practices using algorithms to differentiate consumers and customary spending costs and described a few high-profile penalty decisions imposed on platform operators who hindered the flow of consumers between platforms – “picking one from the two” problem.

Finally Song described the recent history of anti-monopoly law development in China, highlighting a few of the key changes sought through AML amendments, most of which fall under merger control, addressing no safe harbor, aiding and abetting (liability of third parties), stop the clock, and higher penalties for gun jumping, for example.

Clark plans to host the next webinar in the spring, spotlighting European or Latin American antitrust enforcement practices.

USCIB Participates in First-Ever Virtual ILO Labor Conference

Published on January 12, 2022

The 109th International Labor Organization’s (ILO) International Labor Conference (ILC) concluded in December 2021, and USCIB once again actively participated in negotiations as the U.S. Employer Representative. Of special note, USCIB Senior Counsel Ronnie Goldberg was elected and served as Vice President (Employers) of the conference. USCIB President and CEO Peter Robinson, Vice President for Corporate Responsibility and Labor Affairs Gabriella Herzog, and Senior Counsel and ILO Governing Body Member Tom Mackall also participated on behalf of business.

According to Herzog, the ILC is the leading global forum for discussion of key social and labor questions. Each year, Employer, Worker and Government delegates gather at the ILC to negotiate and to adopt international labor standards. Held virtually for the first time in the ILO’s 100+ year history, the 2021 ILC was conducted over two online sessions – one in May/June, and one in November/December. Due to the pandemic, the ILC was not held in 2021.

Among the outcomes across the two 2021 sessions, the ILO’s tripartite constituents adopted a Global Call for Action for a Human-Centered Recovery from the COVID-19 crisis, an emergency resolution on the situation in Myanmar, a resolution concerning the second recurrent discussion on social protection (social security), and two sets of conclusions and reports on Skills and lifelong learning  and Inequalities and the world of work. This is in addition to regular proceedings, such as the Committee on Application of Standards and adopting the ILO’s program and budget.

“USCIB was gratified that the ILO was able to pivot and continue the important tradition of hosting the ILC, albeit virtually,” said Herzog, “and we look forward to the end of the pandemic and the safe return to in-person tripartite social dialogue at the ILC for the ILO and its 187 Member States.”