Business Makes the Case for Gender Diversity

women workplaceThe International Chamber of Commerce (ICC) Secretary General John Danilovich has urged businesses and governments to step up efforts to engage women more fully in the workforce, particularly in leadership positions.

Danilovich told business, government and university representatives gathered in Sydney that despite making up over half of the world’s population, women’s contribution to measured economic activity was far below its potential.

“There is a huge unrealized economic opportunity,” said Danilovich. “Given the need for effective solutions to sustain global growth, it is both economically and socially necessary to tap into the skills and talent of women that are currently underutilized or left out of the labour force altogether. Since 812 million of the 865 million women worldwide who have the potential to contribute more fully to their economies live in the developing world, this is especially necessary for emerging and developing nations, since.”

The new ICC Secretary General was speaking at an event called “Women’s Empowerment Principles: Equality Means Business”, organized by the Australian Chamber of Commerce and Industry alongside this week’s B20 summit for business leaders from Australia and across the G20 member countries.

Read more on the ICC website

More on USCIB’s work on gender diversity

Staff contact: Justine Badimon

Exploring New Approaches to Trade Investment and Jobs

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Exploring New Approaches to Trade, Investment and Jobs

Insight and Impact for Business from the OECD

 

October 30, 2014

The St. Regis Hotel | Washington, DC

 

KEYNOTE SPEAKER:

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Ambassador Michael Froman

United States Trade Representative

NEW PANELIST:

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Cathy Novelli

Under Secretary for
Economic Growth, Energy and the Environment
U.S. Department of State

AGENDA NOW AVAILABLE!

Click here to view a complete schedule, list of speakers, and panel descriptions.

The USCIB Foundation, BIAC and the OECD are jointly hosting a one-day conference in Washington, D.C. on October 30, 2014 to highlight the innovative work that OECD is doing in the areas of trade and investment and to discuss how this work impacts policy, job creation and trade negotiations around the world.  This program will bring together experts from the OECD, U.S. and foreign governments, and business on global value chains, services trade barriers, investment agreements, trade facilitation, and the relationship between regional and multilateral trade negotiations. Speakers will draw on OECD studies in discussing the current and future direction of global trade and investment policies.

Sponsored By:
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Partner Sponsors:
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Registration costs are $200 for USCIB members and $225 for non-members, and

$100 for government and non-profit attendees.

Space is limited. Register now to secure your place at this unique new event!

You can register online by following this link, or by filling out a registration form.

For more information on the conference:

Please visit www.uscibtrade.org
or contact Diana Jack at djack@uscib.org
or (202) 617-3156.

 

For information on sponsorship opportunities:

Please contact Abby Shapiro at ashapiro@uscib.org or (617) 515-8492.

 

Click here to download an Outlook calendar reminder to save the date of October 30, 2014.

 

Click here for a list of hotels near the St. Regis in Washington, D.C. if you will be traveling for the conference.

Business Spearheads High-Level Discussion on NCDs Prevention

(L-R) Mike Wisheart (World Vision International), Mario Ottiglio (IFPMA), Kim Fortunato (Campbell Soup Company), Jean-Michel Borys (EPODE), Cary Adams (NCD Alliance), Louise Kantrow (ICC), Peter Robinson (USCIB)
(L-R) Mike Wisheart (World Vision International), Mario Ottiglio (IFPMA), Kim Fortunato (Campbell Soup Company), Jean-Michel Borys (EPODE), Cary Adams (NCD Alliance), Louise Kantrow (ICC), Peter Robinson (USCIB)

The world’s worst killers – non-communicable diseases (NCDs), such as obesity, heart disease and many cancers – are responsible for over 60 percent of premature deaths worldwide, according to the World Health Organization (WHO).

NCDs diminish economic growth and sap productivity among working age populations, since these diseases affect adults in their prime. NCDs also push households into poverty and disproportionately affect low-income countries, where the diseases strike younger populations and place great strains on already overburdened healthcare systems.

Despite these grave threats, NCDs are largely preventable by mobilizing governments, civil society and the private sector to craft sound public health policies. Governments alone struggle to manage NCDs because the diseases drive up healthcare costs and divert scarce resources from other areas that need them. Given the strain the NCD epidemic places on national healthcare systems, the United Nations 66th World Health Assembly reiterated a call for member states to consider interventions across many segments of society for NCDs prevention and control. Part of the UN’s Post-2015 Development Agenda aims to scale up multi-stakeholder responses to NCDs.

It is under this backdrop that USCIB and the International Chamber of Commerce (ICC) organized a meeting on July 11 hosted by Pfizer that explored how public-private partnerships can be leveraged to combat the NCD epidemic. USCIB and the ICC are the only private sector organizations representing business that interface with the United Nations on NCD prevention at a multistakeholder level. The public-private partnership discussion took place during the UN High-Level Meeting to review progress achieved in the fight against the NCD epidemic in the context of the post-2015 development agenda.

Panelists at the pubic-private partnership event included Cary Adams, CEO of the Union for International Cancer Control and chair of the NCD Alliance; Jean-Michel Borys, general secretary of the EPODE International Network; Kim Fortunato, director of Campbell Healthy Communities at the Campbell Soup Company; Mario Ottiglio, director of public affairs and global health policy at the International Federation of Pharmaceutical Manufacturers & Associations (IFPMA); and Mike Wisheart, senior advisor of corporate engagement, advocacy and justice for children at World Vision International. The discussion was moderated by Louise Kantrow, ICC’s permanent representative to the United Nations.

A dozen government officials attended the event, including Ambassador Courtenay Rattray, the Jamaican ambassador to the United Nations and co-chair of the UN General Assembly meeting on NCDs. Ambassador Rattray is also the co-facilitator of the outcome document on the review and assessment of NCDs. The event drew dozens of NGO, civil society and private sector representatives as well.

Following welcoming remarks by USCIB President and CEO Peter Robinson, panelists explained that a multistakeholder approach is necessary to address the epidemic, with Adams noting that “partnerships are the only way we can address these things called NCDs.”

Borys and others agreed that all of civil society’s stakeholders need to take charge at the global, regional and local levels to combat childhood obesity and other forms of non-communicable diseases, and that global coordination mechanisms are key for making the most out of public-private partnerships.

“This group of industry representatives understood that business can only survive in societies that flourish,” Kantrow said referring to the panelists, “they understand the importance of thriving in successful societies.”

Since the UN called on the global community to address the NCD epidemic in 2012, public-private partnerships addressing NCDs have more than doubled, according to Ottiglio. He presented the findings of an IFPMA global survey, which revealed that NCD public-private partnerships have increased and are present virtually everywhere around the world. Ottiglio said that IFPMA “reaches three million people worldwide through a strong volunteer network in 189 countries” committed to combating NCDs.

During the discussion, Fortunato offered a case study of the Campbell’s philanthropic work in Camden, N.J., where childhood obesity is high. She stressed the importance of collective partnering, which is the cornerstone of Campbell’s corporate philanthropy program, as well as committing to a collective impact model in which private companies work with all levels of government to address NCDs.

Multi-stakeholder involvement was a recurring theme during the discussion, with Wisheart explaining that “we need actors from all sectors of civil society,” and “we want to see more partnerships, working at greater speed, having greater impact. To address the trust issues that sometimes arise with public-private partnerships, Wisheart noted that the best way to manage partnerships risks is to ensure there are strong accountability mechanisms that increase the space for collaboration.

Helen Medina, USCIB’s senior director of product policy and innovation, concluded: “The private sector understands the urgency needed to address non-communicable diseases and has an interest in curbing them for a variety of reasons, including having productive employees providing products and technical support to manage NCDs, and sustaining a long-term relationship with the communities in which it works. At the end of the day, it makes economic sense for business to be involved in curbing NCDs, and it’s extremely important for social and economic development.”

Staff contacts: Louise Kantrow and Helen Medina

More on USCIB’s Health Care Working Group

Global Business Says Policy Decisions Don’t Fulfill Internets Full Potential

green globe keyboardThe International Chamber of Commerce has reasserted its commitment to strengthening the Internet as an enabler of business and economic growth, saying that more needs to be done today to ensure its continued development as an open platform for innovation, creativity and the free flow of information.

ICC BASIS (Business Action to Support the Information Society) will use its presence at the 9th annual Internet Governance Forum (IGF), taking place in Istanbul, Turkey from September 2-5 to address how Internet policy decision-making is not going far enough to capitalize on the Internet’s potential for creating new commercial and social opportunities for users around the world.

USCIB, which is a member of ICC-BASIS, will participate in the IGF 2014 in Istanbul, supporting BASIS’ efforts to promote an approach to Internet governance that enables business to reap the benefits of the digital economy. As part of its focus at the September meeting, ICC BASIS has also affirmed its belief that the existing multistakeholder model of governance is the best way to ensure the creation of policy that maximizes opportunities for future Internet innovation, and is the most effective means of informing Internet policy decision-making at the government level.

ICC Secretary General John Danilovich said: “The world is becoming ever more dependent on the Internet to drive social change and attain regional economic growth and prosperity. Global business is dedicated to doing all it can to encourage the adoption of policy that supports the use of the Internet in new ways to connect people with ideas, create jobs, boost trade and reverse the cycle of poverty. At a time when management of the Internet is under scrutiny, we urge the policy-making community to not lose sight of the continued need to focus on creating pro-growth, socially proactive policies designed to keep the Internet open for future generations.”

BASIS welcomes the opportunity offered by IGF to galvanize thinking among the multistakeholder community through consensus, and to engage in dialogue on central issues. These include the protection of the Internet as a vehicle of innovation, respect for the rule of law, access, enhancing digital trust and the importance of maintaining cross-border and global flows of information.

Read more on the ICC website.

Staff contact: Barbara Wanner

More on USCIB’s ICT Committee

USCIB’s Goldberg Contributes to New Report on Enhancing Security in Cross-Border Trade

4781_image001The global economy has empowered criminals and terrorists on an international scale, and the challenge of preventing illicit activities has proven too much for traditional top-down government controls.

To better address this threat, the Stimson Center’s senior-level Partners in Prevention Task Force, which includes USCIB’s Senior Counsel Ronnie Goldberg, has endorsed seven proposals to advance both security and industry competitiveness by leveraging public-private partnerships that harness the power of decentralized, market-based incentives.

Targeted at U.S. industry and government stakeholders, the proposals follow an 18-month Stimson Center collaboration with hundreds of high-tech manufacturers and service providers, transport and logistics firms, and insurance providers. Several USCIB members participated in the project.

The report highlights several ways industry and government can collaborate to create a set of next-generation “trusted trader” regimes that facilitate legitimate trade and focus enforcement resources on higher-risk transactions. Task force members argue that “this is an especially opportune moment to act” on these ideas given the recently concluded WTO Trade Facilitation Agreement and the growing network of Mutual Recognition Arrangements among countries with Authorized Economic Operator programs. The report also addresses the U.S. government’s Export Control Reform Initiative, information sharing, the Terrorism Risk Insurance Program, and implementation of the International Trade Data System.

Goldberg commented: “There is increasing recognition of the importance of public-private partnerships.  Governments have a vital interest in bringing the experience, resources, and expertise of business to bear on the complex national security challenges posed by a globalized economy.”

“Ronnie brought deep subject matter expertise and an important ‘multi-stakeholder’ perspective to this effort,” said Brian Finlay, Stimson’s managing director. “She offered compelling insights on the economic, social, and security dynamics of an interdependent, global economy. She drew on many years of work with the OECD, International Chamber of Commerce, and ILO to convey the views of a diverse set of players at the national and international levels. But above all, she was a genuine pleasure to work with.”

Finlay continued: “We also benefited significantly from the expertise of some of Ronnie’s USCIB colleagues. In particular, we would like to thank Kristin Isabelli for her time and valuable substantive contributions. I hope Stimson has the good fortune to cross paths again soon with the USCIB team.”

Goldberg worked alongside task force chairman and former Under Secretary of Homeland Security for Science and Technology Jay Cohen (RADM, USN, Ret), as well as other industry leaders and national security experts, in shaping the recommendations.

An initiative of the nonprofit, nonpartisan Stimson Center, the group’s report was unveiled on May 29 in Washington, D.C. at an event featuring keynote remarks by senior White House advisor Rand Beers.

Staff contacts: Ronnie Goldberg and Kristin Isabelli

More on USCIB’s Customs and Trade Facilitation Committee

Coalition for Green Trade Endorses WTO’s Environmental Goods Agreement

4779_image002USCIB joined with other U.S. business groups to form the Coalition for Green Trade on Tuesday to support new negotiations by World Trade Organization (WTO) members that would remove trade barriers on environmental technologies.

The coalition has called on members of the WTO to negotiate an ambitious Environmental Goods Agreement (EGA), which would eliminate trade barriers on a broad range of environmental goods, such as solar panels and recycled materials.

In addition, USCIB joined with a broad range of business associations and companies from around the world in calling for an EGA. An open letter to WTO negotiators signed by USCIB stated: “We are committed to working with governments around the world to ensure a commercially meaningful Environmental Goods Agreement that promotes economic growth, improves environmental outcomes and advances innovation.”

Global trade in environmental goods is estimated to be $1 trillion annually, and trade in environmental products more than doubled from 2001 to 2007. An EGA would further increase global trade in environmental goods and lower the cost of addressing climate challenges by removing steep tariffs, the groups said.

“EGA is important in its own right, and can also act as a stepping stone to lower tariffs in other sectors and value chains associated with environmental technologies,” said Eva Hampl, USCIB’s director of investment, trade and financial services.  “A high-quality agreement would advance global innovation and be flexible to permit new entrants and commitments to keep pace with new technologies.”

The Coalition for Green Trade is co-chaired by USCIB, the National Association of Manufacturers  and the National Foreign Trade Council, and its  steering committee includes the Business Council for Sustainable Energy, Coalition of Service Industries, Emergency Committee for American Trade, Information Technology Industry Council, Institute of Scrap Recycling Industries, National Electrical Manufacturers Association, Semiconductor Industry Association, Solar Energy Industries Association  and U.S. Chamber of Commerce.

The first round of EGA talks are scheduled to begin this week in Geneva. Representatives from NAM, NFTC and USCIB are leading a U.S. business delegation to participate in events and meetings on the sidelines of the official negotiations.

Staff contacts: Norine Kennedy and Eva Hampl

More on USCIB’s Trade and Investment Committee

More on USCIB’s Environment Committee

Pushing for Open Trade After Bali

Globe CubeThe International Chamber of Commerce (ICC) has adopted a work-plan supporting further trade liberalization following the success of the meeting of Ministers of the World Trade Organization in Bali, Indonesia last December.

Prepared by the ICC Commission on Trade and Investment Policy, the “ICC World Trade Agenda post-Bali business priorities” welcomes the renewed pursuit of a global trade and investment agenda that moves talks beyond Doha.

The priorities include further trade liberalization regionally, through negotiations on a Trans-Pacific Partnership (TPP), a Transatlantic Trade and Investment Partnership (T-TIP), a Regional Comprehensive Economic Partnership (RCEP) and the Pacific Alliance. ICC also supports the rapid implementation of the WTO Trade Facilitation Agreement, which is especially crucial for developing countries.

“One of the big challenges for business, in an economy that is increasingly globalized, is that in many crucial areas, international rules are either non-existent or inadequate,” said James Bacchus, former U.S. Congressman and current chair of the Commission on Trade and Investment Policy. “The WTO has a fundamental role to play in modernizing the international rules of the game – and ensuring compliance with them – so that we can create an effective 21st-century trading system.”

Bacchus continued: “This is why the ICC is mobilizing business worldwide around a 21st-century multilateral World Trade Agenda for sustainable economic growth and job creation. The ICC believes that following the recent success in Bali, there is a real opportunity to make progress on a global trade agenda.”

Adopted at a meeting of the ICC Executive Board in Geneva on June 26, the policy statement urges trading countries to act on the following priorities:

  • Concluding global negotiations aimed at a balanced outcome for the critical areas of agriculture, non-agricultural market access and services, which would speed up multilateral trade liberalization within the WTO. This includes developing a clear path towards conclusion of the Doha Development Agenda and its planned reductions of industrial tariffs.
  • Eliminating barriers to trade in IT products and encouraging the growth of e-commerce worldwide. This requires expanding product coverage under the WTO Information Technology Agreement, and continuing to refrain from imposing customs duties on e-commerce. Global exports of IT products reached $1.4 trillion in 2010, making this one of the most important categories in world trade.
  • Fostering “greener” economic activity through trade. More countries should be encouraged to join the initiative announced in January 2014 by 14 WTO members to eliminate tariffs on environmental goods
    and expand product coverage for goods that protect the environment and address climate change.
  • Helping to liberalize trade in services through alternative negotiating approaches such as the Trade in Services Agreement. It is estimated that removing barriers to global exports of tradable services could generate world trade gains of $1 trillion, which could create almost 9 million jobs worldwide.
  • Encouraging the development of WTO disciplines over state-owned and state-supported enterprises that enter the market. Between 2004 and 2008, 117 state-owned and public companies appeared for the first time on the Forbes Global 2000 list of the world’s largest companies. The home governments of these companies protect them from competition, and this can be a way for governments to intervene in the marketplace and skirt their WTO commitments.
  • Improving the protection and promotion of investment through bilateral and other agreements, while also laying the groundwork for a high-standard multilateral framework on investment.

Staff contacts: Rob Mulligan, Shaun Donnelly, Eva Hampl and Kristin Isabelli

More on USCIB’s Trade and Investment Committee

Mayors Across America Express Support for Trade Promotion Authority

4777_image001Exciting news on trade from our partners at the Trade Benefits America Coalition:

Last week, the United States Conference of Mayors adopted two resolutions
that urge congressional passage of Trade Promotion Authority (TPA) legislation and support America’s expansion of trade and investment ties around the world.

By adopting these resolutions America’s mayors have added their voices to the growing group of policymakers who understand the economic importance of TPA and expanding trade across the United States.

In December, a bipartisan group of 15 governors sent a letter urging President Obama and House and Senate leaders to support and advance pending trade negotiations – the Trans-Pacific Partnership (TPP), Transatlantic Trade and Investment Partnership (TTIP) and Trade in Services Agreement (TISA).

Congressional passage of the modernized TPA legislation will help shore up the economic benefits of these and future trade agreements.

Read the Trade Benefits America Coalition’s fact sheets on the TPA legislation.

USCIB sits on the steering committee of the Trade Benefits America Coalition, a group of associations and companies 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 legislation is important to help ensure American continues to benefit from trade.

Staff contacts: Rob Mulligan and Eva Hampl

More on USCIB’s Trade and Investment Committee

ICC Releases Global Survey 2014 Rethinking Trade and Finance

4778_image002The International Chamber of Commerce (ICC) released the Global Survey 2014: Rethinking Trade and Finance, its largest and most comprehensive Global Survey to date – including data from 298 banks across 127 countries. The survey concludes that the growth rate of international trade has dropped drastically when compared to the years before the global financial crisis.

Survey highlights include:

Lack of available trade finance caused global trade growth to slow

Global trade growth was a shade above 3 percent during 2013, although picked up to an annualized growth rate of 4 during the first quarter of 2014 and is anticipated to accelerate beyond 5 percent through 2016. However, in terms of the “trade finance gaps,” 41 percent of survey respondents reported that they perceived a shortfall of trade finance globally.

KYC and AML regulations caused banks to decline transactions and close relationships

Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations caused 68 percent of respondents to decline transactions, and nearly a third (31 percent) to close down correspondent account relationships.

G20 countries stalled agenda to open up world trade through trade-restrictive measures

G20 countries accounted for three quarters of the trade restrictive measures imposed since 2008, with Word Trade Organization figures showing that these countries introduced 193 new trade restrictive measures between December 2012 and November 2013. Such restrictions – many of which are protectionist and therefore trade distorting – have stalled the agenda to open up world trade.

Read more on the ICC website.

Read about the ICC’s 2014 Trade Register Report.

Staff contact: Shaun Donnelly and Eva Hampl

More on USCIB’s Trade and Investment Committee

BIAC Holds Health Care Policy Task Force Meeting

Members of the Business and Industry Advisory Council (BIAC) to the Organization for Economic Cooperation and Development (OECD) met in Paris to prepare for the Consultation with the OECD Health Committee on June 23. USCIB is BIAC’s American affiliate.

BIAC delegates discussed ways to promote a proactive agenda in health policy with the OECD, and members identified policy priorities in the field of health for the upcoming 2015-16 biennium.

At the bi-annual OECD Consultation with BIAC and the Trade Union Advisory Committee on June 23, Nicole Denjoy, the chair of the BIAC Health Care Policy Task Force, called for a more integrated way of engaging with the OECD Health Committee and for the participation of BIAC delegates to the plenary sessions of the OECD Health Committee.

Staff contact: Helen Medina

More on USCIB’s Health Care Committee