USCIB Celebrates Great Year for Trade at Annual Award Gala

Director General of the World Trade Organization Roberto Azevedo accepts USCIB’s 2014 International Leadership Award. “I am extremely proud to receive your backing in this way,” he said.
Director General of the World Trade Organization Roberto Azevedo accepts USCIB’s 2014 International Leadership Award. “I am extremely proud to receive your backing in this way,” he said.

Government officials, business leaders, representatives from international organizations, and staff and friends of the United States Council for International Business (USCIB) gathered at the Four Seasons Hotel in Washington, D.C. to honor the director general of the World Trade Organization, Roberto Azevedo, and to celebrate a banner year for the multilateral trading system.

Coming on the heels of a breakthrough at the World Trade Organization on the implementation of the Trade Facilitation Agreement (TFA), USCIB’s annual award dinner gave the American business community a chance to thank Azevedo for his stewardship of the Bali agreement, which was brokered last December and once fully implemented is estimated to add $1 trillion to the global economy and create 21 million jobs.

The atmosphere was warm and celebratory at the Four Seasons on Wednesday evening as over 240 guests congratulated Azevedo over cocktails and dinner. United States Trade Representative Michael Froman gave special remarks in which he commended USCIB for its support of President Obama’s ambitious trade agenda and happily remarked that last week was “a good week for trade,” given recent progress on the TFA, the Information Technology Agreement and the G20 Summit in Brisbane where leaders listed trade as one of the main drivers of economic growth.

Five other officials joined Ambassador Froman, USCIB President and CEO Peter Robinson, and International Chamber of Commerce (ICC) and USCIB Chairman Terry McGraw in thanking Azevedo for breathing new life into the multilateral trade agenda, including director general of the International Labor Organization (ILO) Guy Ryder, Customs and Border Security Commissioner Gil Kerlikowske, ICC Secretary General John Danilovich, BIAC (Business and Industry Advisory Committee to the OECD) Secretary General Bernhard Welschke and Rep. Peter Roskam (R-IL).

“The WTO is essential, it’s rules-based, and we’ve got to get behind it.” – Terry McGraw

Robinson kicked off the dinner by welcoming USCIB’s guests and friends, and by formally thanking Azevedo for his commitment to realize the promise of the WTO’s Bali agreement.

“We are delighted to be honoring Roberto Azevedo of the WTO,” Robinson said. “Indeed, tonight is a celebration of global trade and investment, and its potential to contribute to better lives and help tackle shared global challenges.”

It was a bittersweet moment when Robinson told attendees that Azevedo could not be with them in Washington for the very reason he was being honored – Azevedo had withdrawn quickly to the WTO’s headquarters in Geneva to oversee the TFA breakthrough.

But as McGraw noted in his remarks during the dinner, it was ultimately “a good thing that Azevedo isn’t here. He’s doing what he has to do. The opportunity of trade facilitation came alive again.”

Although he could not be at the gala in person, Azevedo recorded his acceptance speech a few hours before the event in a video that was shown during the dinner.

“I am extremely proud to receive your backing in this way,” Azevedo said of the International Leadership Award. In his acceptance speech he gave a progress report on the TFA and assured viewers that he will continue to press ahead with a multilateral trade agreement.

Watch Azevdo’s acceptance speech.

ICC and USCIB Chairman Terry McGraw
ICC and USCIB Chairman Terry McGraw

Following the acceptance speech, McGraw presented Azevedo with the International Leadership Award, and he called on attendees to give their full support to the WTO. “We’ve got to do everything we can to elevate the prominence of the WTO,” he said.

With a new G20 agenda in which trade plays such an integral role, McGraw praised the progress on the Trans-Pacific Partnership (TPP) and the Trans-Atlantic Trade and Investment Partnership (TTIP) and summed up the evening’s ethos by saying free trade “means more prosperity for our world, and that’s what we’re all about.”

“The stakes are huge…for the billions of people around the world that stand to benefit from expanding trade.” – Ambassador Michael Froman

USTR Michael Froman
USTR Michael Froman

After joking that building consensus among members at the WTO “is like herding animals: cats, frogs or venomous snakes, depending on the day,” Ambassador Froman commended Azevedo for his role in securing a meaningful outcome at the WTO’s ministerial in Bali last year. Froman noted that Azevedo’s perseverance during those contentious negotiations was essential for a successful deal.

The recent resolution to the TFA impasse is one of many victories for global trade that made last week “a good week for trade.”

Froman listed the week’s many accomplishments: on November 10, when President Obama convened a productive meeting of all the TPP leaders, on November 11, when Obama announced a major breakthrough with China to help pave the way for the Information Technology agreement – the first tariff elimination agreement in the WTO’s 17 years and an encouraging signal in the U.S.-China relationship, on November 12 when the U.S. and India reached another breakthrough that allowed the WTO to move forward on the TFA, and over the weekend on November 16 when U.S. and EU leaders committed to moving forward with a high-standard TTIP.

“It was a good week for trade,” Froman said. “I wish we could do that every week, but we’ll try and keep the momentum going.”

Read Ambassador Froman’s full remarks.

“We need to make sure that the trade debate doesn’t stay in the echo chamber.” – Congressman Peter Roskam

The dinner ended with congratulatory remarks from leaders of USCIB’s global network and a U.S. government representative.

Ryder commended the WTO for ensuring progress on international trade and for producing “results that everyone wants to see. He reminded attendees that since the financial crisis, in the G20 alone 54 million people lost their jobs, and that’s a gap that must be closed.

“This evening recognizes those who are closing the gap,” Ryder concluded.

Commissioner Kerlikowske said USCIB is a great partner in the Customs and Border Security’s mission to spread the supply chain, improve efficiency and facilitate the movement of goods and people across borders.

ICC secretary general Danilovich echoed those sentiments, saying “we’re warriors in this effort to bring about free trade,” and while he admitted that it’s “a tough racket” to get consensus at the WTO, the world is on the verge of a major breakthrough for multilateral trade, and Azevedo is helping to lead that fight.

Many speakers noted urged attendees to communicate why world trade is so important to the general public. “The multilateral trading system needs to be developed,” said Welschke. “We need to explain why trade is so important to growth. It’s an important mission.”

Congressman Peter Roskam concluded the evening’s speeches with a vigorous call to advocate for free trade at every opportunity and make the case for why multilateral trade liberalization is good for us all. With so much inaction on Capitol Hill, Congressman Roskam pointed out that the U.S. trade agenda is one of the few areas where there’s common ground on both sides of the aisle. For those of us who firmly believe that expanded trade will benefit all, we should take advantage of that.

Staff contact: Peter Robinson

B20 Welcomes G20 Commitments on Growth Job Creation

USCIB and ICC Chairman Terry McGraw addresses the G20 Summit in Brisbane, Australia.
USCIB and ICC Chairman Terry McGraw addresses the G20 Summit in Brisbane, Australia.

The B20 business coalition has welcomed G20 commitments to implement an ambitious structural reform agenda which will lift global GDP by more than two per cent above expectations over the next five years and create millions of new jobs.

Richard Goyder, B20 chair, said the international business community welcomed commitments made by G20 leaders in the communiqué and Brisbane Action Plan on infrastructure, human capital, financial regulation, trade and anti-corruption.

During the G20 leaders summit in Brisbane, Australia this past weekend, Terry McGraw, chair of USCIB and the International Chamber of Commerce (ICC), joined a small group of business leaders in meetings with the G20 leaders and other senior ministers to discuss the B20 recommendations.

The G20 leaders released a final communiqué which includes several items that the B20 has actively supported. The B20 issued a media release commenting on the communiqué that highlights several key elements form the leaders statement:

  • B20 fully supports the G20 Global Infrastructure Initiative, a multi-year work program to lift quality public and private infrastructure investment, particularly the establishment of the Global Infrastructure Hub.
  • On trade, B20 welcomed the G20’s commitment to build a stronger trading system based on a robust and effective World Trade Organization.  Accelerating commitments on trade facilitation was a core recommendation of the B20 this year, so the recent breakthrough on implementation was welcome.
  • Improvements to global supply chains and the reforms outlined in individual country growth strategies to facilitate trade by lowering costs, streamlining customs procedures, reducing regulatory burdens and strengthening trade-enabling services will benefit society broadly.
  • B20 was encouraged by the G20’s commitment to improve transparency in the public and private sectors as corruption is a major obstacle to sustainable economic, political and social development.

The three legs of USCIB’s global network – ICC, the International Organization of Employers and the Business and Industry Advisory Committee to the OECD – all contribute to the B20 process, which provides global business leaders with a forum for producing policy recommendations to be delivered at the annual G20 meeting, reflecting the key role the private sector plays as a driver of strong, sustainable growth.

Read More: ICC Calls on G20 to Maintain Momentum on Growth and Jobs Agenda

Heads of Western Hemisphere ICC Chapters Chart Course for the Future

Leaders of ICC’s Americas National Committees meeting with ICC secretary general John Danilovich (back row center, in red tie) with USCIB President Peter Robinson (back row, second from left) in Bogota, Colombia.
Leaders of ICC’s Americas National Committees meeting with ICC secretary general John Danilovich (back row center, in red tie) with USCIB President Peter Robinson (back row, second from left) in Bogota, Colombia.

Leaders of the International Chamber of Commerce (ICC) national committees in the Americas convened in Bogota, Columbia on Wednesday to review issues and priorities with ICC Secretary General John Danilovich, and to review institutional development within the region.

During the meeting, USCIB’s President and CEO Peter Robinson gave a presentation on the upcoming ICC and USCIB Customs and Trade Facilitation Symposium in Miami in February, which generated interest among attendees. He also covered the ICC’s program of action on trade and investment, supporting high standards in multilateral investment agreements, highlighting the importance of investor protections in trade agreements and stressing the power of national committee collaboration in promoting key issues like the World Trade Organization’s Trade Facilitation Agreement. He also stressed the importance of business input into UN deliberations including the post-2015 Development Agenda and climate change negotiations.

Leaders expressed a desire to improve communication of ICC position statements to governments. Robinson noted that good messaging is important for national committees to raise their visibility with their governments and their members. He and the other national committee heads were grateful for the gracious hosting by the Bogota Chamber of Commerce and the secretary general of ICC-Colombia, Gustavo Andres Piedrahita.

Staff contact: Peter Robinson

World Trade Back on Track – USCIB applauds breakthrough on implementation of WTO Trade Facilitation Agreement

President Obama with Indian Prime Minister Narendra Modi at the White House in September (White House photo)
President Obama with Indian Prime Minister Narendra Modi at the White House in September (White House photo)

New York, N.Y., November 13, 2014 – The United States Council for International Business (USCIB) hailed today’s announcement by the United States and India of a breakthrough to end the impasse over implementation of the WTO Trade Facilitation Agreement (TFA).

“This is very welcome news and paves the way to bring the landmark TFA deal into effect,” said USCIB President and CEO Peter Robinson. “It will provide a big boost to the U.S. and global economies at a critical time. Coupled with the announcement this week of an agreement with China to move forward on expanding the WTO’s Information Technology Agreement, this demonstrates the continued importance of multilateral trade liberalization in the 21st-century global economy.”

Robinson added: “We especially commend U.S. Trade Representative Michael Froman and his team for their extraordinary, tireless efforts to find a solution to this frustrating deadlock. This agreement shows again the unique power of American leadership to find creative solutions to some of the toughest problems facing the world today.”

USCIB has pushed hard for resolution of the impasse, which arose in July when India blocked implementation of the TFA in a dispute over its food security measures. It has also worked closely with the International Chamber of Commerce, the world business organization for which USCIB serves as the American national committee, to get the TFA back on track.

ICC Secretary General John Danilovich added: “Coming on the eve of the G20 Summit in Brisbane, Australia, this breakthrough is not only welcome but extremely timely, laying the foundation for G20 leaders to forge ahead with a robust agenda for global growth and job creation.”

USCIB will honor WTO Director General Roberto Azevêdo at its International Leadership Award Dinner on November 19 in Washington, D.C. Ambassador Froman is scheduled to address the dinner.

Under the Trade Facilitation Agreement, which was concluded at last December’s WTO ministerial in Bali, Indonesia. WTO members commit to remove administrative and customs-related barriers to trade, in order to speed shipment of goods across borders. Once implemented, the TFA is expected to spur global economic growth and create some 21 million new jobs – 18 million in developing countries – while adding $1 trillion to global GDP.

Robinson said the business community was committed to helping developing countries implement the TFA. USCIB and ICC plan to hold a joint symposium on customs and trade facilitation this February in Miami.

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. With a unique global network encompassing leading international business organizations, including ICC, USCIB provides business views to policy makers and regulatory authorities worldwide, and works to facilitate international trade and investment. More at www.uscib.org.

Contacts:
Jonathan Huneke, USCIB
+1 212.703.5043, jhuneke@uscib.org

More on USCIB’s Trade and Investment Committee

More on USCIB’s Customs and Trade Facilitation Committee

New Speaker Announcement International Leadership Award Dinner

Annual Dinner 2014

2014 USCIB INTERNATIONAL LEADERSHIP AWARD DINNER

Honoring Roberto Azevêdo
Director General
World Trade Organization

SPECIAL ANNOUNCEMENT:

Ambassador FromanAmbassador Michael Froman

United States Trade Representative

We are pleased to announce that Ambassador Michael Froman will give remarks at our 2014 International Leadership Award Dinner.

As U.S. Trade Representative, Ambassador Froman is President Obama’s principal advisor, chief negotiator and representative on international trade and investment issues. He leads the Office of the United States Trade Representative in its work to open global markets for U.S. goods and services, unlock opportunities for Americans, enforce America’s rights in the global trading system and foster development through trade.

Last year was a watershed moment for global trade, as World Trade Organization members concluded a long-awaited global agreement on trade facilitation at their Bali Ministerial. While the agreement has run into roadblocks, global business continues to press for its swift implementation. Join USCIB members and friends as we honor the primary architect of the agreement, WTO Director General Roberto Azevêdo, at our 2014 International Leadership Award Dinner, held for the first time in our nation’s capital.

We hope you will join us on November 19, 2014 at the Four Seasons in Washington, D.C. for a truly memorable evening.

For reservations, please contact Jessica Berti (jberti@uscib.org).

USCIB Represents Business at International Conference on Nutrition

FAO BuildingsMore than half the world’s population suffers from malnutrition. The Second International Conference on Nutrition (ICN2), jointly organized by the United Nations Food and Agriculture Organization (FAO) and the World Health Organization, will convene government officials to craft a policy framework for addressing the world’s nutrition challenges. Held at the FAO headquarters in Rome from November 19 to 21, ICN2 hopes to keep nutrition high on the international development agenda.

USCIB will be part of a private-sector delegation of nearly 100 people attending the conference, during which member country representatives will pledge to develop national strategies to address malnutrition.

USCIB member companies will also send representatives to Rome for ICN2, including the Coca-Cola Company, Dupont, McDonalds, Meade Johnson, Monsanto, Nestle and Pepsi. Helen Medina, USCIB’s senior director for product policy and innovation, will be part of the private sector delegation in Rome.

ICN2 provides an important opportunity for business to showcase its strong support for nutrition and food security. Business plays an important role throughout the entire agriculture supply chain, from seeds, to food processing, to all the products farmers need to grow and distribute food.

Companies help educate consumers about healthy lifestyles through nutrition programs, labeling and responsible marketing,” Medina said. “They have an interest in promoting healthy societies in which their workers can prosper.”

Medina will be on the ground in Rome as a voice for the following U.S. business messages in the nutrition and agriculture space.

  • The private sector plays a positive role in addressing nutritional issues and food security
  • Free trade and investment negotiations hold the potential to increase the standard of living in developing countries and distribute more food to more people
  • Empowering women is crucial for improving nutrition, and any global nutrition plan must include policies that help women become farmers, traders and business owners
  • While tax incentives for healthy diets might seem like a good idea, fiscal policy often has unintended consequences, and taxing food actually winds up hurting low-income individuals the most
  • Sound nutrition policy must employ knowledge and evidence-based programs rather than be held captive by parochial interests.
  • Read the ICN2 provisional agenda and outcome documents.

Staff contacts: Helen Medina

More on USCIB’s Food and Agriculture Working Group

More on USCIB’s Product Policy Working Group

USCIB +200 Orgs Urge Congress to Pass TPA Legislation

USCIB joined 200 business and agricultural groups in signing a letter to Congressional leaders urging the passage of bipartisan legislation to modernize the Trade Promotion Authority (TPA) this year.

As part of the Trade Benefits America Coalition, USCIB and the other groups wrote:

“Congressional action on TPA is needed to help ensure high standard outcomes in the Trans-Pacific Partnership (TPP) negotiations, which the United States and 11 other Asia-Pacific countries are striving to complete. By passing TPA, Congress will also help ensure strong outcomes in the other ongoing talks on the Transatlantic Trade and Investment Partnership (T-TIP), the Trade in Services Agreement (TiSA), and an agreement to eliminate tariffs on environmental goods. These initiatives hold tremendous potential to: help U.S. companies of all sizes, farmers and workers buy and sell goods and services in the global marketplace; set strong, enforceable trade rules; and support U.S. growth and jobs.

“…We are eager to work with you, your colleagues in the House and senate, and the Administration to pass bipartisan TPA legislation before the end of the year.”

Read the full text of the letter.

For more information on the importance of passing modernized TPA to support U.S. growth and jobs, visit www.tradebenefitsamerica.org. The Trade Benefits America Coalition, of which USCIB is a member, includes a wide range of associations and companies that are dedicated to the pursuit of U.S. international trade agreements that benefit American businesses, farmers, workers and consumers. The Coalition believes that passage of modernized Trade Promotion Authority (TPA) legislation is important to help ensure America continues to benefit from trade.

More on USCIB’s Trade and Investment Committee

TFA Crucial for Development ICC Tells India

ICC Secretary General John Danilovich in India
ICC Secretary General John Danilovich in India

In a meeting last week with the International Chamber of Commerce (ICC) Secretary General John Danilovich and Executive Director of ICC India Ashok Ummat, Indian Secretary of Commerce Rajeev Kher said that the Indian government was aware of the critical importance of the multilateral trading framework and on-going negotiations on the World Trade Organization (WTO) Trade Facilitation Agreement (TFA).

Danilovich stressed that India’s ratification of the TFA was crucial to advancing multilateral trade negotiations. He said that if fully ratified, the agreement, along with other elements of the Bali package agreed to at the WTO ministerial meeting in December 2013, has a potential to inject $1 trillion into the global economy and create 21 million jobs, including 18 million in the developing world.

Leading an ICC delegation that included ICC India Vice President Sandip Somany and ICC India former president Sushil Jiwarajka, Danilovich also stressed the importance of TFA ratification during a meeting with the Indian Sherpa to the G20, Suresh Prabhu.

Prabhu reiterated that the Indian government did not object to the TFA but wanted the WTO to extend the peace clause until a concrete solution could be reached on food security and said that the Indian Ambassador was still talking with the WTO on this issue.

Staff contact: Rob Mulligan

More on USCIB’s Trade and Investment Committee