Just as American companies and employers led the way in responding to the coronavirus pandemic, they are now prepared to help drive America’s economic recovery. In a series of virtual interviews, the Global Business Alliance (GBA) has provided a forum for leading executives to share perspectives with top policymakers on what it will take to jumpstart American job growth. In the most recent installment, “Sold. Separately”, USCIB President and CEO Peter Robinson joined Food Marketing Institute President and CEO Leslie Sarasin and Retail Industry Leaders Association President Brian Dodge to share views from members and to emphasize the importance of open trade, diversified supply chains and inclusive multilateralism. President and CEO of GBA Nancy McLernon led the discussion.
“One distinctive attribute of USCIB members is their global perspective and action as partners in multilateral institutions to advance response and recovery,” said Robinson. “And they are very concerned about the health of the constituent components of their global supply chains overseas, as well as at home.” He noted that USCIB supports initiatives by ICC, IOE and BIAC calling for governmental support of SMEs to ensure business continuity.
Throughout the discussion, Robinson underscored the imperative of free and fair trade and competition, particularly in light of COVID-related disruptions in supply chains which have given air cover to embracing of protectionist measures by governments.
“We are still in the middle of the pandemic,” noted Robinson. “The only way to ensure that economies grow again is to ensure open trade and investment environments. Increased digitization is going to be a big part of that. The business community, including USCIB, has been vocally opposed to resorting to protectionist policies. It is our view that a reversal of many of these policies in place is necessary to ensure a sustainable, post-pandemic economy.”
Robinson also highlighted the depth of global interdependence and the need to join hands across borders to work on an inclusive pandemic recovery: “COVID-19 knows no borders: it’s a one-world enemy and we need a one-world response”. According to Robinson, “We are entering a ‘new reality’ for business and society—and a new imperative to enhance and strengthen employment, societal resilience, and sustainable development. Multilateral institutions are the vehicles to ensure we have an all-out collective and coordinated effort to ‘Build Back Better’—and all institutions across humanitarian, health, economic, trade, and environmental roles need to work closely with representative private sector organizations.”