Competitiveness and Innovation Archives

USCIB Supports an EU-U.S. Privacy Shield Framework

Published on September 18, 2017

On the occasion of the first joint review of the EU-U.S. Privacy Shield Framework, USCIB reaffirmed support for the Framework and issued a statement underscoring its importance in ensuring continued robust and reliable transatlantic data flows, which have proved vital for healthy U.S.-EU commercial relations.

In just one year, nearly 2,500 U.S. business entities have self-certified with the Department of Commerce and publicly committed to comply with the Framework requirements – with many of them already in the process of re-certifying.

“This impressive ‘track record’ substantiates our view that many U.S. companies see the potential of the Framework to provide greater legal certainty and consumer confidence in data transfers,” said Barbara Wanner, USCIB’s vice president for ICT policy. “In the longer term, this will promote commercial activities and investments yielding increased economic and societal benefits on both sides of the Atlantic,” she added.

USCIB highlighted three important points for consideration in the Annual Review: (1) the Framework is realizing stronger personal data protections; (2) the Framework is serving as an effective mechanism for certification by Small and Medium Enterprises (SMEs); and (3) the longevity of the Framework remains important.

USCIB Spotlights Business Engagement During UNGA Week

Published on September 6, 2017

From September 18 to 22, 193 countries will gather in New York for the opening of the 72nd UN General Assembly (GA). The GA is the UN’s governing body, and its sessions deliberate and decide global approaches on a wide range of issues and programs impacting and offering opportunities for U.S. business. Under the leadership of new Secretary General Antonio Guterres, the UN reform process underway this year holds out the promise of more inclusive and substantive public-private sector dialogue and cooperation in the UN system to advance economic growth and sustainable development.

 

USCIB at UN General Assembly Week, September 18-22 in New York

We are pleased to share an updated list of USCIB events during UNGA week. In particular, we’d like to invite you to register for a new USCIB UNGA week event on Friday, September 22nd from 3 – 5 pm: Business Makes it Happen. We also flag important events by the International Chamber of Commerce, IPIECA, and other business organizations for your awareness.

USCIB-Organized Events:

Monday, September 18: Business Fights Poverty Conference, “Rethinking Collaboration for the SDGs,”
8:30AM-2:30PM, hosted by Barclays offices at 745 7th Avenue, New York, NY 10019

USCIB will join forces with Business Fights Poverty to co-host this action-focused half-day event on how business, government and civil society are collaborating to deliver the Sustainable Development Goals. USCIB’s President and CEO, Peter Robinson, and USCIB members will be on hand as panelists.

USCIB members are encouraged to RSVP directly here.

Tuesday, September 19: “Data Analytics for SDGs and National Reports,” a USCIB UNGA72 Breakfast Roundtable
8:00AM-10:00AM, hosted by KPMG at 345 Park Avenue (51st between Park and Lex), New York, NY 10154, 37th Floor

Measuring progress and tracking private sector development impact is crucial to prioritize deployment of investment and other business resources, and to inform SDG relevant policy and implementation. Big data is not enough by itself and governments and business alike are facing the challenge of “too much information.” A framework for understanding and prioritizing sustainability actions depends on the right analysis of that information.

Experts from USCIB member companies will present and discuss private sector frameworks for data analytics on SDG implementation, and consider opportunities for synergy with national reports for more targeted and comprehensive UN discussion and action.

As space is limited, please register here.

Thursday, September 21: “Going Further Together for Shared Impact: U.S. Public-Private Partnerships for Sustainable Development” a USCIB UNGA72 Breakfast Roundtable
8:00AM-10:00AM, hosted by Deloitte at 30 Rockefeller Plaza, New York, NY 10112

Public-private cooperation is needed to break down silos, catalyze resources and join forces to address SDG challenges. Such partnerships are also identifying new business opportunities and innovative solutions. USCIB member companies and government partners will present and discuss examples of public-private sector partnership to advance the SDGs, with a view to expanding those working relationships and improving and scaling up efforts for shared impact and benefit.

As space is limited, please register here.

Friday, September 22: USCIB Side Event, Business Makes It Happen
3:00PM-5:00 PM, hosted by Pfizer at 235 E 42nd St, New York, NY 10017

This wrap-up event will present the main recommendations and initiatives identified during USCIB UNGA week events, and discuss next steps on key questions:

  • Where does UN reform create new opportunities to mobilize business action on SDGs?
  • How can business metrics and analytics optimize and scale up investment in needed infrastructure and implementation of SDGs?
  • What are the essential ingredients for impact in public private partnerships advancing the SDGs?
  • What is the institutional evolution needed to catalyze business innovation and involvement to advance SDGs in multilateral institutions?

As space is limited, please register here.

ICC Events

Monday, September 18: UN Global Compact Private Sector Forum, co-organized with ICC
From 12:30PM at UN Headquarters

Hosted annually by the UN Secretary General, the Forum invites leading CEOs and investors, Heads of State and Government, senior UN leadership and select civil society representatives to take part in an interactive discussion and high-level networking opportunity on the SDGs. This year, with the theme of Unlocking Prosperity: Financing the 2030 Agenda, the Forum will focus on ways stakeholders can work together to catalyze responsible business growth and unlock innovative forms of financing at an unprecedented scale.

Monday, September 18: Business for the SDGs: Innovation, Technology and Connectivity for a better future for all
5:00PM – 8:00PM at ECOSOC Chamber, UN Headquarters

The International Chamber of Commerce (ICC), GSMA, UN DESA, and the Governments of Indonesia and Colombia are delighted to invite you to this high-level event.

Only two years after the adoption of the 2030 Agenda, businesses, governments and civil society are deploying technology solutions to address key areas articulated by the UN Sustainable Development Goals (SDGs). Many of these initiatives highlight how business can drive mobile technology, digital tools and connectivity to effectively support people, planet, prosperity and peace. Collaboration within and across industries, and with governments, will ensure an enabling environment for business to continue to accelerate its contribution to a better future for all.

During this invitation-only event, prominent speakers including Heads of State, UN officials and private sector leaders will share best practices on business action to advance the SDGs, the impact of industry-wide efforts, and how we can augment collaboration between governments and industries to accelerate the delivery of the SDGs.

Due to the need for security approved passes, and strict capacity limitations, please register here before Tuesday September 12. Should ICC receive your registration after this date, they will be unable to guarantee access to the venue. A confirmation email and further logistical details will follow after registration.

Other Business Events:

Monday, September 18: Equal Pay International Coalition (EPIC) launch
3:00PM-5:30PM at ECOSOC Chamber, UN Headquarters

Peter Robinson, USCIB President and CEO is slated to speak. Event is open to the public.

Monday, September 18 & Tuesday, September 19: Concordia Annual Summit
Monday: 8:00AM-6:00PM, Tuesday: 7:30AM-6:00PM at Grand Hyatt New York – 109 East 42 Street, New York

Monday, September 18 & Tuesday, September 19: World Economic Forum Sustainable Development Impact Summit
At Convene Conference Centre, 730 Third Avenue, New York

Wednesday, September 20: The oil, gas and mining industries and the 2030 Agenda: partnerships and participation to accelerate progress
12:30PM-3:00PM at The Harvard Club, 35 W. 44th Street, New York

Wednesday, September 20: Bloomberg Global Business Forum
7:30AM-3:00PM at The Plaza Hotel, New York

Thursday, September 21: UN Global Compact Leaders Summit 2017
At the New York Hilton Midtown, 1335 6th Ave, New York

APEC E-Commerce Steering Group Works With EU, Looks to Broaden Scope

Published on August 28, 2017
USCIB’s Barbara Wanner at the Electronic Commerce Steering Group meeting

Last week, at the APEC Third Senior Officials Meeting (SOM 3) in Ho Chi Minh City, Vietnam, Vice President Barbara Wanner took part in APEC’s Electronic Commerce Steering Group (ECSG). The steering group wrapped up four days of meetings that included formal announcement that South Korea was approved to become the fifth APEC member economy to participate in the Cross-Border Privacy Rules (CBPR) system. Singapore also indicated it has submitted dual applications to be certified under the CBPR system and the complementary Privacy Recognition for Processors system.

The meetings also featured a dialogue with the European Commission concerning possible approaches to realize inter-operability of the CBPR and EU General Data Protection Regulation (GDPR) as well as consideration of a U.S. government proposal to “Modernize the ECSG.”

The latter is aimed at broadening the scope of the ECSG work to address arising from digital transformation of the economy. USCIB will pursue collaboration with other global trade associations on a statement supporting this initiative.

In a key SOM 3 side event, Vietnam’s industry and trade ministry organized a public-private dialogue, “Facilitating MSMEs to Adopt Cross-Border E-Commerce,” which explored how to facilitate greater participation by micro, small and medium-sized enterprises in cross-border electronic commerce in APEC through participation in the CBPR system. The event also examined the applicability of the APEC Framework on Cross-Border E-Commerce Facilitation, and sought to enhance understanding of the trade promoting benefits of the e-commerce chapters of the Trans-Pacific Partnership and other regional trade agreements.

USCIB Discourages Regulatory Overreach in Comments to ITU

Published on August 16, 2017

USCIB filed comments with the International Telecommunications Union (ITU) last week as part of the agency’s public consultation on policy considerations for “over the top” services, urging the ITU to avoid expanding its jurisdiction to include Internet-related issues. The public policy aspects of OTT services have been identified as a priority by several governments in the ITU. The U.S. government considers OTT services to offer a range of economic benefits, including increased consumer choice, increased use of underlying networks, and contributions to further innovation and investment.  However, other countries view OTT services as adjuncts to traditional telecommunications services, and should therefore be subject to regulation.

USCIB’s comments emphasized the importance of staying true to the ITU’s primarily technical mission in developing international telecommunication standards and allocating spectrum, and not expanding the ITU’s work program to include Internet-related issues that are well beyond its remit, core competencies, and budgetary resources. Such issues are most effectively addressed in multistakeholder forums, where policy is holistically and expertly informed by consultations among business, civil society, the technical community, and government, USCIB stated. USCIB  further highlighted the promise of innovative online services and applications for economic, developmental, and societal benefits, which will help to realize many of the UN Sustainable Development Goals.

“An enabling environment for continued innovation and investment in these services is crucial,” noted USCIB Vice President Barbara Wanner. “In this regard, market-driven solutions and voluntary, industry-led standards best ensure a healthy digital ecosystem,” she said.

The ITU will consider contributions from USCIB and others at a face-to-face open consultation, which will be held in Geneva on September 18, 2017.

USCIB’s “International Business” Summer 2017 Issue

Published on August 15, 2017

USCIB’s “International Business” Summer 2017 issue is now live!

The Summer 2017 issue features USCIB President and CEO Peter M. Robinson‘s column on “Why International Organizations Matter to Your Business” as well as articles on developments in the B20, NAFTA and the UN high level political forum and the sustainable development agenda, plus news from our global network–Business at OECD, the International Organization of Employers and the International Chamber of Commerce.

“International Business,” USCIB’s quarterly journal, provides essential insight into major trade and investment topics, a high-level overview of USCIB policy advocacy and services, USCIB member news and updates from our global business network.

Subscribe to USCIB’s International Business Magazine

Subscriptions to “International Business” are available free upon request to representatives of USCIB member organizations. Contact us to subscribe.

Non-members may subscribe to “International Business” and other USCIB print publications at an annual rate of $50 (U.S.) for domestic delivery, or $75 for overseas delivery. Contact us to subscribe. USCIB’s annual report, studies from the United States Council Foundation and related publications are included with your paid subscription.

Our free electronic newsletter, “International Business Weekly,” provides regular updates on USCIB’s major activities and priorities. Click here to view a sample issue. Click here to subscribe.

We welcome outside submissions and inquiries regarding our publications – send them to news@uscib.org.

We welcome advertising in International Business magazine — special discounted rates for USCIB member organizations! Contact Kira Yevtukhova (kyevtukhova@uscib.org) for more information.

USCIB Joins 107 Associations on NAFTA Letter on Investment

Published on August 14, 2017

USCIB joined 107 other associations in a letter sent on August 8 to United States Trade Representative Robert E. Lighthizer and four other cabinet-level officials in the administration highlighting the importance of a strong investment chapter in the North America Free Trade Agreement (NAFTA).  The letter emphasized the need for strong enforcement provisions via an investor-state dispute settlement (ISDS) system with independent expert arbiters.  The letter also offered six specific suggested changes to strengthen the current investment chapter in the NAFTA modernization negotiation set to begin August 16 in Washington.

“These provisions are highly valuable and have already helped many U.S. businesses that have faced the seizure, theft and mistreatment of investments in both Canada and Mexico. ISDS in the NAFTA has been highly beneficial to the United States,” the letter notes.

Investment, including Foreign Direct Investment, is key to driving economic growth, competitiveness, exports and jobs. Strong investment agreements, including ISDS arbitration provisions are key to effective enforcement.  The investment chapter will likely be a focus in the NAFTA update negotiations.

“We were delighted to have several USCIB member sectoral associations join us in signing the letter along with a broad coalition of national and state business groups,” said Shaun Donnelly, USCIB’s vice president for trade and financial services.

USCIB Gears Up for APEC Meetings in Vietnam

Published on August 8, 2017

USCIB members are continuing to make the Asia-Pacific Economic Cooperation (APEC) a priority forum in which to engage, as it is key to accelerating regional economic integration as well as promoting balanced, inclusive, sustainable, innovative and secure growth.

To aid private sector engagement, USCIB works with the U.S. APEC business coalition to meet with APEC officials and participate in APEC meetings throughout the year, culminating in the APEC CEO Summit, a meeting of CEOs and leaders from the APEC economies.

To direct and facilitate the work with our members and APEC officials, USCIB has compiled its annual priority issues and recommendations paper, which can be found here. As can be seen in our priorities, USCIB is actively engaged in a number of the APEC issue areas and working groups related to ICT, Chemicals and, Customs and Trade Facilitation.

Two of USCIB’s policy team will be attending the third APEC Senior Officials Meeting and related meetings (SOM 3) in Ho Chi Minh City, Vietnam, held August 15-30.

Megan Giblin, USCIB’s director for Customs and Trade Facilitation will be participating in the APEC Business – Customs Dialogue (ABCD), the APEC Alliance for Supply Chain Connectivity (A2C2) meeting,  moderating the “Streamlining Processes: Addressing Challenges from the Private Sector” panel and speaking on the “Single Window to Facilitate Trade and Economic Competitiveness” panel during the APEC Workshop on Single Windows (e.g., in U.S. ACE), moderating the WTO Trade Facilitation panel “Focus on Transparency: The WTO TFA” during the 2017 APEC Conference on Good Regulatory Practice (GRP), and working with U.S. Customs and Border Protection (U.S. CBP) to present a case study tied to TFA implication during the GRP event. USCIB worked closely with both U.S. CBP and the Office of the U.S. Trade Representative to secure industry speakers and participation for the GRP and Single Window events.

During the closed meeting of the APEC Sub-Committee on Customs Procedures, Giblin will provide an update on the Customs – Chemical Dialogue project. The deliverable for this meeting is delivery of an analysis of country survey results, including common practices at the customs border regarding treatment of industrial chemicals.

Giblin will continue to establish and foster relationships with customs officials from APEC economies as well as members of industry, identifying linkages to the work underway within the USCIB Customs and Trade Facilitation Committee, including, but not limited to, e-commerce, de minimis, and single-window efforts.

The decision was taken earlier this year at SOM 1 to reduce duplication and streamline working groups, to integrate the SCCP Virtual Working Group with the A2C2 given the level of issue overlap. Moving forward the A2C2 will bring together members of the private sector as well as among other departments or agencies, customs officials, from the APEC member economies. Giblin is a member of the A2C2, which is focused on capacity-building efforts and the WTO Trade Facilitation Agreement and its implementation.

“Given the expanded scope of the A2C2 as well as the fact that many of our members are part of the A2C2, I will continue to consider ways to increase industry visibility, engagement and potentially reduce duplicative industry resource or input requests,” noted Giblin.

Giblin will also attend the APEC Chemical Dialogue (CD) meetings on behalf of Mike Michener, USCIB’s vice president of Product Policy and Innovation, to support USCIB members attending the CD-related meetings. The CD serves as a forum for regulatory officials and industry representatives to find solutions to challenges facing the chemical industry in the Asia-Pacific region. It reflects APEC members’ recognition of the importance of engaging with the private sector and building public-private sector dialogue and cooperation for mutual benefit. USCIB members have found this Forum a valuable place to promote their regional business priorities.

Barbara Wanner, USCIB vice president for ICT policy, also will attend the SOM 3 meetings. In particular, Wanner will participate in a special “APEC Public-Private Dialogue on Facilitating MSMEs to Adopt Cross Border E-Commerce,” jointly organized by the Electronic Commerce Steering Group (ECSG) and the Committee on Trade and Investment (CTI), August 18-19. In addition, Wanner will represent member interests at meetings of the ECSG and Data Privacy Subgroup (DPS), August 20-23.  Finally, Wanner will serve as a business observer at the APEC Advertising Standards Conference, August 24.

The Public-Private Dialogue is aimed encouraging greater MSME participation in cross-border e-commerce in the APEC region and beyond. The two-day workshop will focus on sharing information with MSMEs about trade promoting elements of the e-commerce chapters of Regional Trade Agreements (RTAs), such as the Trans-Pacific Partnership (TPP). It also will educate MSMEs on the trade facilitating benefits of certification under APEC’s Cross-Border Privacy Rules (CBPR) system. USCIB has been a long-time supporter of the CBPR, viewing it as a foundation to promote high-level privacy standards while ensuring seamless flows of business information through the APEC region. USCIB members Apple, Cisco, Hewlett Packard Enterprise Company, HP, IBM, and Merck are CBPR-certified.

The DPS meetings likely will feature discussion about the recent approval of South Korea as a CBPR-certified economy – making it the fifth APEC economy in the CBPR system, joining Canada, Japan, Mexico, and the United States. The DPS also will include a special session with representatives of the European Commission and Article 29 Working Party aimed at pursuing greater interoperability between the APEC CBPR and the EU’s General Data Protection Regulation (GDPR) before the latter goes into effect in May 2018. An ECSG draft Strategic Plan, which was tabled by the U.S. Government earlier this year, likely will receive continued focus in the ECSG meetings.

SOM 3 will also include a Workshop on Advertising Self-Regulation. Through participation by USCIB members and ICC representatives at the workshop, USCIB is lending support to the efforts to improve advertising standards throughout the APEC region, and providing input to APEC economies on the use of regulation and self-regulation, including the ICC Marketing Code. The Advertising Standards Conference will devote a session to regulating and monitoring digital advertising, which is expected to include speakers from Google and ICC.

If you would like any further information on the above meetings or issues, please feel free to reach out to our team.

Advertising: Jonathan Huneke, jhuneke@uscib.org

Customs and Trade Facilitation: Megan Giblin, mgiblin@uscib.org

Chemicals: Michael Michener, mmichener@uscib.org

ICT and Data Privacy: Barbara Wanner, bwanner@uscib.org

APEC priorities: Elizabeth Kim, ekim@uscib.org

USCIB’s Global Impact: 2017 Update on Advocacy

Published on August 4, 2017

Welcome to USCIB’s Global Impact – an update on USCIB’s advocacy activities around the world in support of your interests. USCIB was at the table, along with many of our members, at key international deliberations– all for the express purpose of ensuring that the voice of U.S. business is heard where policies and regulations affecting your bottom line are determined.

Download Global Impact

At a Glance

USCIB President and CEO Out Front for American Business: USCIB President & CEO, Peter Robinson’s leadership at the B20 and OECD Week.

Keeping Markets Open for U.S. Business: With uncertainty regarding trade agreements due to political developments at home and abroad, one thing remains certain: international markets need to be open for U.S. companies. USCIB was on the ground meeting with officials from the OECD and WTO pressing for strong investment agreements and the removal of trade barriers, all in support of U.S. jobs.

Advocating for a Continued Open and Dynamic Internet: Cross-border trade in digital goods and services has grown 45-fold over the past decade. USCIB was at ICANN and the OECD advocating for policies that do not hamper innovation and that allow the Internet and broader digital economy to realize the tremendous potential to create economic opportunity and address social challenges.

Safeguarding the Role of Business in Environment and Climate Change Policy: An increasing number of multilateral organizations are considering proposals to keep business out of policy deliberations where decisions are being made that impact U.S. business bottom lines. This is particularly prevalent in the UN environmental space. USCIB was on the front lines at UNEP and the UNFCCC pushing back against these efforts as private sector involvement is critical to the success in solving the very problems that these UN agencies seek to address.

Making International Taxation Rules Predictable for Business: New global tax rules have been developed under the OECD’s Base Erosion and Profit Shifting (BEPS) Action Plan. Now, the focus is on BEPS implementation and opportunities to improve tax certainty remain. USCIB met with OECD and other government officials urging them to consider the need for a predictable fiscal environment that will protect and encourage cross-border trade and investment in the context of implementing these BEPS recommendations.

Working to Reduce Trade Barriers: Unnecessary and burdensome barriers to trade can cost companies and national economies billions of dollars. The WTO Trade Facilitation Agreement (TFA), which entered into force earlier this year, promises to boost global trade flows by over $1 trillion and generate opportunities for easier, less costly cross-border trade. USCIB crossed the globe pushing for global modernization of customs laws, regulations, processes and day-to-day practices are necessary for efficient supply chains.

Leadership at the ILO and more…
Review USCIB’s engagement at the ILO’s International Labor Conference and the ICC Marketing & Advertising Commission.

Upcoming USCIB Representation around the World to be Covered in the Next Global Impact
APEC SOM 3 Meetings – Ho Chi Minh City, Vietnam; August, 2017

WCO Harmonized System Committee (HSC) Meeting – Brussels, Belgium; November, 2017

APEC CEO Summit – Da Nang, Vietnam; November, 2017

ICC Customs & Trade Facilitation Commission Meeting – Paris, France; November, 2017

UNFCCC COP23 – Bonn, German; November, 2017

WTO Ministerial – Buenos Aires, Argentina; December, 2017

UNEA3 – Nairobi, Kenya; December, 2017

USCIB Urges Senate to Confirm Trump Administration Nominees

Published on August 4, 2017

USCIB is among approximately 90 American business and industry associations to have signed a letter to Senate Majority Leader Mitch McConnell and Senate Minority Leader Charles Schumer, urging the Senate to take expeditious steps to ensure the timely confirmation of qualified pending nominees to administration positions.

“The slow pace of confirmations is depriving agencies across the government of critical leadership and in the case of independent agencies, the quorum necessary to conduct critical business,” reads the letter.

Additionally, it notes: “The breakdown of the confirmation process results in a breakdown in the efficient and effective functioning of government and ultimately to a drag on the economy. Workers are sidelined as projects await permits from agencies that lack the quorum necessary to issue the permit. Businesses are left waiting for important administrative decisions that simply cannot be made in the absence of Senate-confirmed officials.”

To date, among President Donald Trump’s 283 executive and judicial nominations, only 67 have been confirmed. Of those 67, only 13 were confirmed by voice vote or unanimous consent, while 37 (55%) were confirmed only after going through the cloture process. By way of comparison, at approximately the same point in President Obama’s first term, the Senate had confirmed 206 nominees, 182 by voice vote or unanimous consent.

The full letter, along with the list of signatories, can be found here.

Donnelly Offers Ambassador’s Perspective in Commerce Training Session

Published on August 4, 2017
Shaun Donnelly

USCIB Vice President for Trade and Financial Services, and retired U.S. Ambassador, Shaun Donnelly offered an ambassador’s perspective on effective embassy commercial work on behalf of U.S. companies overseas to a group of new Foreign Commercial Service (FCS) officers at the U.S. Department of Commerce last week.

During the August 1 session at the Commerce Department’s Commercial Diplomacy Institute, Donnelly joined with former FCS Director General and retired Ambassador Chuck Ford to share perspectives, experiences, best practices and even a few war stories, on what makes U.S. embassies effective in promoting U.S. commercial interests overseas.

One key message Donnelly and Ford both emphasized is the importance of close cooperation around the embassy, especially between FSC and State economic sections plus active involvement from the Ambassador and the rest of the Embassy team.

The new FCS officers are headed to assignments as commercial attaches in U.S. embassies and consulates in China, Mexico, Nigeria, and (perhaps, given recent developments) Russia, as well as in U.S. Export Assistance Centers or “USEACs” around the U.S.

“It’s encouraging that the Commerce Department, despite budget uncertainties, is pressing ahead to recruit and train the much-needed next generation of FSC staff,” noted Donnelly.

Donnelly and Ford are used to collaborating; they worked together often in their long U.S. government careers and recently co-authored two “Support for American Jobs” reports on commercial diplomacy for the American Academy of Diplomacy.