USCIB Statement on the Summit for Democracy

Washington D.C., December 13, 2021—The United States Council for International Business (USCIB) welcomes the recent Summit for Democracy and reaffirms our long-standing support for the critical importance of democracy and rule of law as foundational pillars of well-functioning and inclusive societies.

We agree, as the Biden Administration rightly stated, “that both history and overwhelming data show that societies that respect and defend democratic institutions, the rule of law, human rights and fundamental freedoms, and gender equality are more stable, prosperous, secure and better equipped to confront global challenges.”

“Businesses are key actors in democratic societies, contributing to civic and economic empowerment of people and public institutions, while advancing growth and equality,” said USCIB President and CEO Peter Robinson. “Importantly, business and employer membership organizations are themselves democratic institutions and a core part of the fabric of democratic societies.”

USCIB advocates for good governance, rule of law, anti-corruption and anti-bribery frameworks and other measures of responsible governance, as being among the required elements of the enabling environments for trade and investment that bring growth and opportunity. Indeed, UN Sustainable Development Goal 16 “Peace, Justice and Strong Institutions,” makes clear the key role that governance and the rule of law play in promoting peaceful, just and inclusive societies and in ensuring sustainable development.

As the U.S. affiliate of the International Chamber of CommerceBusiness at OECD (BIAC) and the International Organization of Employers, USCIB joins with global business and employer peers in advocating these policies in international policy fora, including the Organization for Economic Cooperation and Development (OECD), the International Labor Organization (ILO), and the United Nations. As an example, we note in particular USCIB’s engagement through BIAC to support the recent successful launch of the OECD Public Integrity Indicators Portal and the 2021 Recommendation for Further Combatting Bribery of Foreign Officials.

Finally, USCIB and its members reiterate their firm belief that alongside national rule of law and good governance, based on democratic principles, multilateral cooperation is the single most powerful vehicle to achieve an inclusive and sustainable path to dealing with the enormity of the challenges facing society today. Business is a necessary voice in that effort, and USCIB will continue our work to engage meaningfully and constructively as a leading actor at home and within the multilateral organizational system to advance democratic principles and rule of law.

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. As the U.S. affiliate of the International Chamber of Commerce (ICC), the International Organization of Employers (IOE) and Business at OECD (BIAC), USCIB provides business views to policy makers and regulatory authorities worldwide and works to facilitate international trade and investment. More at www.uscib.org.

USCIB Competition Group Meets With FTC Commissioner, Discusses US Antitrust Developments

The USCIB Competition Committee convened virtually November 12 for its semiannual meeting to discuss updates on antitrust at the national and international levels. Federal Trade Commissioner Noah Phillips served as featured speaker, providing personal insights on the shift in approach of the Biden Administration with respect to merger and acquisition activity, enforcement, rulemaking authority, treatment of labor markets, review of the horizontal and vertical merger guidelines, the July 2021 executive order on promoting competition and the new White House Competition Council.

Commissioner Phillips was appointed to the FTC in April 2018, having previously served as Chief Counsel to Senator John Cornyn (D-TX), on the Senate Judiciary Committee, and in various Washington D.C. and New York law firms. According to USCIB Director for Investment, Trade and China Alice Slayton Clark, Commissioner Phillips interactively engaged with the Committee by answering questions.

The Committee was also updated on the upcoming meetings and activities of the OECD and Business at OECD (BIAC) by Jane Antonio and John Taladay of Baker Botts. BIAC has prepared feedback on four OECD papers under discussion at recent OECD Competition Committee meetings: competition in books and e-books, environmental considerations in competition enforcement, ex-ante regulation and competition in digital markets, and economic analysis and evidence in abuse cases. The OECD meetings will be followed by the annual OECD Global Forum on Competition December 6-8.

USCIB Competition Committee Chair Dina Kallay (Ericsson) and Vice Chair Jennifer Patterson (Arnold & Porter), updated USCIB members on activities at the International Chamber of Commerce (ICC), where they serve as Vice Chairs on the ICC Competition Commission. They discussed the ICC’s Antitrust Compliance Toolkit and its Small and Mid-Size Enterprises (SME) version, as well as recent efforts to update the 2018 leniency manual. Both put a call out for interested USCIB members to become directly involved in the ICC Competition Commission and working groups.

Finally, Kallay informed members on a new draft framework paper issued by the French Competition Authority addressing compliance programs. She suggested USCIB weigh in, pressing for more credit for compliance programs in antitrust enforcement.

Julie Guichard and Matt Heim of Amazon also briefed members on a draft foreign subsidies regulatory initiative in the EU that would impact member companies operating in Europe. The proposal would require mandatory notification to the European Commission of all subsidies received from non-EU governments, information to be used in screening foreign direct investment, mergers and acquisitions, and joint ventures. The proposal was originally aimed at Chinese state-owned enterprises (SOEs), but they warned that the scope has been expanded and will now likely impact western multinationals doing business in Europe. USCIB will explore the issue with members to see if there is an interest in weighing in with the U.S. government on the proposal.

As COP26 Concludes, USCIB Calls for a New Inclusive and More Ambitious Approach

While COP26 came dangerously close to a “Copenhagen” breakdown over a lack of trust in the process due to last minute changes in the final text, the meeting concluded on November 13 at nearly midnight as approximately 200 countries agreed to the “Glasgow Climate Pact,” reports USCIB Senior Vice President Norine Kennedy.

According to Kennedy, throughout the final week of the intense two-week session, views had remained divided on substantive issues, most of which linked in some way to unmet finance needs, and also concerned gaps in pledged greenhouse gas reductions compared to scientific assessments of actions necessary to limit dangerous warming.

Following recent Intergovernmental Panel on Climate Change (IPCC) and United Nations Environment Programme (UNEP) reports of current national action pledges, the pressure was on to keep “1.5°C alive” and to finalize the outstanding elements – notably “Article 6” on carbon markets – of the Rulebook (the practical guidance for implementing The Paris Agreement).

“This meeting took place under numerous challenging circumstances,” added Kennedy. It was the first, major UN in-person meeting during the pandemic, held under stringent public health measures which included daily testing for all participants. COP26 was also taking place during a period of economic headwinds and uncertainty coupled with, higher energy prices. Outspoken climate campaigners inside the meeting areas and protesters outside, along with a higher-than-expected participation of more than thirty-thousand participants kept the pressure on. On the other hand, a record number of business participants on hand, including during the World Leaders Climate Summit, which comprised the first three days of the COP, signaled clear business support for ambitious climate action.

USCIB staff and members organized two U.S. business events in the final week:

  • A virtual USCIB side-event on “Infrastructure, Innovation and Investment for a Sustainable and Resilient Recovery,” featuring speakers from Duke University, General Motors and Generate Capital and
  • A Major Economies Business Forum (BizMEF) side-event on where business can make a running start to advance economy-wide action on climate change, in preparation for COP27. Speakers from Business at OECD (BIAC), the International Organization of Employers (IOE), the Mohamed VI Foundation for Environmental Protection and WorldSteel shared perspectives on converging employment, trade and energy transition policies, working with the private sector.

“In spite of unparalleled support by U.S. companies for an ambitious outcome, working with the Administration, we were disappointed by scant mention of business in the Glasgow conclusions,” stated Kennedy. “The International Chamber of Commerce (ICC) served as the focal point for business at COP26, debuting new ICC papers on carbon pricing and on sustainable trade finance.”

Looking ahead to the next major UN climate meeting in Egypt in 2022, several thorny issues remain, including lingering dissatisfaction with lack of adequate finance and questions about whether high-emitting countries (such as U.S., China, India) will be able to offer enhanced pledges of emissions reductions. USCIB members will be preparing recommendations to inform the UN “Global Stocktake,” which will form a basis for future action, and continue to advocate for economy-wide approaches inside and outside the UNFCCC that advance energy access and security and substantively engage U.S. business knowhow and innovation.

USCIB’s COP26 Concluding Statement can be found here.

UN Climate Agreement in the Balance: Role of Business in Innovation and Investment

Virtual BizMEF Dialogue at COP-26

As the second week of the United Nations Conference of the Parties (COP26) was underway in Glasgow, USCIB and its members continued to make the case for outcomes at a critical turning point to enable business investment, energy security and ambitious and cost-effective climate action.

According to USCIB Senior Vice President Norine Kennedy, who is on the ground in Glasgow to lead the USCIB delegation, governments are now negotiating the final crunch issues that include: carbon instruments and markets and completing the Paris Rulebook; increasing finance for developing countries, particularly for adaptation, as well as loss and damage; and transparency and credibility of pledge implementation.

“The UK government serves as the President of the COP26 meeting, and is now leading negotiations to reach conclusions on these and other remaining political matters, with involvement of ministers to break any logjams,” said Kennedy.

Last Friday, November 5, USCIB joined the Major Economies Business Forum (BizMEF) in convening a virtual Business Dialogue at COP26, which included White House, government, the UN, the World Trade Organization (WTO), the Intergovernmental Panel on Climate Change (IPCC) and business participants. The meeting included thematic sessions on transparency and the global stock-take, involving business for ambition, as well as trade, transition and recovery.

USCIB President and CEO Peter Robinson opened the BizMEF meeting, stating that the UN climate process should evolve to a more practical and inclusive multilateralism in which business is directly and substantively involved.

BizMEF virtual dialogue participants also heard presentations on the business implications and WTO viability of border carbon adjustments proposals, and the ways in which business can contribute to reviews of the effectiveness of overall government implementation of climate pledges – a process that sets the stage for new targets under the Paris Agreement.

Building on the momentum of the BizMEF event, USCIB then held a virtual side event the following Monday, November 8, titled “Mobilize: Infrastructure, Innovation and Investment for a Sustainable Recovery,” which was part of the International Chamber of Commerce’s (ICC) virtual COP26 Conference, “Making Climate Action Everyone’s Business.”  Presenters included:

  • Elizabeth Losos, Duke University Nicholas School of Environment
  • Scott Jacobs, CEO Generate Capital and
  • Kristen Siemens, Chief Sustainability Officer, General Motors

Kennedy led the roundtable discussion on how to create enabling frameworks for “shovel worthy” projects with due attention to responsible business behavior, multi-sectoral climate considerations and capacity building.

According to Kennedy, in spite of COVID restrictions, COP26 has become the largest climate meeting in UN history, beginning with a three-day World Leaders Summit, where President Joe Biden and over a dozen Administration Cabinet members were in attendance, alongside other heads of state and CEOs.

Lowry Discusses Role of WTO in Digital Revolution of Agriculture at WTO Public Forum Event

USCIB Senior Vice President for Innovation, Regulation and Trade Brian Lowry gave remarks at a World Trade Organization (WTO) Public Forum side-event on “Digital Services and Green Transition: A Promising Alliance that Needs an Incentive Multilateral Regulatory Framework.” The September 29th event, held in Geneva, was organized in partnership by USCIB, ICC France and Afed (the Association of French Large companies).

Lowry was joined by other prestigious speakers including the Permanent Representative of the Philippines to the WTO and Chairperson for the WTO Committee on Trade and Environment Ambassador Manuel Teehankee, Permanent Representative of Singapore to the WTO and Co-Chair of the Joint Initiative Statement (JIS) on e-commerce negotiating committee Ambassador Tan Hung Seng, the Deputy Director General of the WTO Jean-Marie Paugam and ICC’s Representative Director in Geneva Crispin Conroy.

Lowry discussed how digital tools can help mitigate risk and make farming more rewarding for all farmers—whether smallholders in developing countries or large-scale farms in the United States or Brazil.

“Digital farming can turn field, weather and agronomic data into insights that help address climate change and sustainable productivity,” said Lowry.

“However, this digital revolution does nothing if farmers do not have access to it. Whether it is the smallholder farmer in Africa or a large landowner in Argentina, the WTO can help by supporting market access for the technology and addressing data protection, the cross-boundary data interchange for both access and analysis, and the need for standards and disciplines for a carbon mechanism that promotes consistency and integrity,” added Lowry.

ICC Offers New Tool for SME’s to Measure Impacts of Business Operations on the Environment

The International Chamber of Commerce (ICC) has done a soft launch of a new business tool on September 22, specifically tailored to Small-and Medium-Sized Enterprises (SMEs) called SME360X.

SME360X is a SaaS (Software as a Service) platform co-created by ICC and GIST that measures the impacts of business operations on the environment. There are many external risks that threaten the survival of businesses everywhere. A company’s factory location that was relatively risk-free when it was set up decades ago could now be facing extreme risks from stressed water resources and severe shifts in weather patterns. A ban on single use plastics could threaten the survival of a company. Community protests could lead to the shutdown of an industrial operation. SME360X will help its users identify the environmental risks that are most material to their business.

SME360X enables users to:

  • Measure, economically value and manage business impacts on nature and the environment.
  • Compare environmental performance with regional and sectoral peers and competitors.
  • Receive a single, understandable environmental impact score (PIE Score).
  • Decide which improvement and abatement initiatives are most impactful.
  • Easily and affordably report on sustainability performance.
  • Obtain a Global Sustainability Certification from ICC.
  • Data belongs to you: highest level of security ensured using blockchain storage.

For more information on the tool and to obtain the tool, visit the ICC’s website.

USCIB Meets With Ngozi to Enhance Synergies Between WTO and US Industry

U.S. Chamber of Commerce CEO and USCIB Trustee Suzanne Clark hosted a meeting of top U.S. trade association leaders on September 22 with World Trade Organization (WTO) Director General Dr. Ngozi Okonjo-Iweala in advance of the WTO ministerial meeting (MC12) in December. USCIB President and CEO Peter Robinson attended for USCIB, accompanied by Alice Slayton Clark, director of Investment, Trade and China. The intimate gathering provided an opportunity to enhance synergies and understanding between the WTO and U.S. industry, a goal for the new director general.

Dr. Ngozi repeated her continued concerns about the viability of the WTO, and the need to produce concrete results at the MC12 on fishery subsidies, food security, trade and health/access to vaccines, as well as the joint statement initiatives on e-commerce and services domestic regulations. Robinson noted the multifaceted challenges facing vaccine access, and urged reduction of trade and regulatory barriers to distribution and administration as the most important approach. He emphasized a letter USCIB sent to Dr. Ngozi this summer on this issue, co-signed by the Chamber and BusinessEurope, among others.

In addition, Robinson stressed USCIB interest in revitalizing and expanding negotiations on an environmental goods agreement that were sidelined in 2016 largely over concerns about the definition of products to be included. Other USCIB priorities were also raised during the meeting, including: concerns about industrial subsidies, dispute settlement procedures, and special and differential treatment; and support for the science of agricultural biotechnology and extension of the e-commerce moratorium. There was a good deal of consensus on many of these key issues among the participants.

Robinson also expressed support for the initiatives to work with the WTO in improving the global trading system that are underway in the three global business organizations with which USCIB is affiliated, International Chamber of Commerce (ICC), International Organization of Employers (IOE) and Business at OECD (BIAC).

USCIB’s member companies rely on the WTO as the multilateral forum for resolving trade disputes and expanding market access for selling goods and services overseas. It urges the Biden Administration to take a leadership role at the MC12 in reforming and updating the WTO so it can remain a viable source for trade adjudication and liberalization in the decades to come.

USCIB President Peter Robinson Issues Statement Upon Death of Richard Trumka

Richard Trumka
Image Source: Alex Brandon/AP Photo

New York, N.Y., August 05, 2021—USCIB President and CEO Peter Robinson has issued the following statement upon the death of Richard Trumka:

“On behalf of USCIB and its member companies, I would like to extend our deepest sympathy to the family and colleagues of Richard Trumka. His dedication to the labor movement and the interests of American workers and their families has long earned him the respect and admiration of the business community.

“That dedication also extended to working people around the world. As the American member of Business at OECD (BIAC) and the International Organization of Employers (IOE), USCIB has been proud to work with Rich and the AFL-CIO in both the OECD and ILO, where we shared the common objective of ensuring that labor rights are respected internationally. Rich was a true global leader with whom we were privileged to work in partnership.”

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. As the U.S. affiliate of the International Chamber of Commerce (ICC), the International Organization of Employers (IOE) and Business at OECD (BIAC), USCIB provides business views to policy makers and regulatory authorities worldwide and works to facilitate international trade and investment. More at www.uscib.org.

USCIB Member Appointed to Leadership Role in ICC Commission on Customs and Trade Facilitation

John Bescec, Microsoft

The International Chamber of Commerce (ICC) Commission on Customs and Trade Facilitation has announced that Microsoft’s John Bescec has been appointed as new chair of the commission. Bescec is currently a vice chair of the USCIB Customs and Trade Facilitation Committee (CTFC) and a director of Customs and Trade Affairs at Microsoft.

“We are delighted to advise that ICC Secretary General John W.H. Denton has appointed new officers of the ICC Commission on Customs and Trade Facilitation,” said ICC Global Policy Director Andrew Wilson. “Together with the ICC HQ team, the officers will form a new Steering Group for the Commission to guide our work to tackle customs frictions globally — including our engagement with the World Customs Organization.”

Bescec, who is based in Canada and represents Microsoft at both USCIB and ICC – Canada, was jointly nominated for the position by USCIB and ICC-Canada. He will be stepping down as vice chair of the USCIB Committee to focus his efforts on the ICC Commission.

USCIB thanks Bescec for his leadership commitments and looks forward to actively working with him and the newly appointed ICC Commission Vice Chairs, who include Irina Kitiashvili, chief operating officer, IDS Borjomi Beverages (Georgia), Mahmut Kobal, group head of customs and international trade, Beiersdorf (Germany), Karen Poujade, group customs director, Alstom (France), Anil Rajput, senior vice president of corporate affairs, ITC Ltd (India), Alejandro Terzián, head of the Center of Excellence for International Trade and Customs Compliance, Bayer LATAM (Argentina).

“Working with the new leadership group, we will take the opportunity to assess specific areas of engagement in the coming weeks — including the status and mandates of existing working groups within the Commission’s remit,” added Wilson.

WTO and Industry Leaders Discuss Future Work for WTO

USCIB and member companies Deloitte, Google, Mastercard, Merck, Pfizer and Walmart participated in a June 23 exclusive Virtual Trade Dialogue with World Trade Organization (WTO) Director-General Dr. Ngozi Okonjo-Iweala and several WTO ambassadors. The Trade Dialogue, facilitated by the International Chamber of Commerce (ICC), provided a robust exchange between global industry leaders and the WTO leadership in three areas: WTO response to COVID-19, deliverables for the twelth WTO ministerial meeting (MC12) and future work for the WTO.

Ngozi expressed cautious optimism about the future of international cooperation, as evident from the successful outcomes of the recent G7, the G20 global health and the U.S.-EU bilateral summits. She reiterated the need to deliver concrete results at MC12 in the areas of trade and health, fishery subsidies and food security as a way to restore credibility in the WTO as an effective institution. Ngozi and WTO ambassadors pressed business leaders to engage their host governments to deliver outcomes, as well as to communicate the importance to global industry of an effective WTO, now and in the future.

Her messages were underscored by ICC Chair and Mastercard Executive Chairman Ajay Banga, who outlined the significance of trade to global economic recovery, and the imperative that nations reinvigorate the WTO as a functional negotiating and adjudicatory body. B20 Chair Emma Marcegaglia concurred, promoting a WTO reform roadmap and other trade objectives business would like adopted this fall by G20 leaders as a catalyst for MC12.

Industry participants expressed hope for progress in areas, such as the role of the WTO in future health emergencies, joint initiatives on e-commerce and services regulations, and trade facilitation for a circular economy, gender inclusivity and micro, small and medium enterprises.

For more, including a summary of the issues raised, click here to link to a WTO report on the Trade Dialogue.