Policy Priorities

2022 USCIB Policy Priorities Update – A Year of Opportunity and Challenge for US Business

by

Norine Kennedy, SVP for Policy and Global Strategy

Brian Lowry, SVP for Innovation, Regulation and Trade  

As we look back at the halfway point, 2022 has brought a succession of unexpected and disruptive global challenges with near and long-term impacts on U.S. business. The illegal war in Ukraine, inflation, turbulence in energy markets and food security risks have posed obstacles and setbacks for U.S. business and for the international community.

As these headwinds multiply, any successful effort to tame them demands that the international community pursues all available avenues to engage and catalyze business innovation, investment and solutions.

To this end, USCIB remains convinced that business must be a full partner in addressing these interlinked issues justly and sustainably. In our role as the sole U.S. business affiliate of the International Chamber of Commerce (ICC), the International Organization of Employers (IOE) and Business at OECD (BIAC), USCIB continues to champion the vital role of business as a constructive and necessary partner across the multilateral system. Using our standing with important UN treaties and institutions, and as the only U.S. business organization with UN ECOSOC consultative status, we represent the views of USCIB members in productive dialogues with policymakers to forge consensus  and scale up implementation in sustainability, ICT, healthcare and other vital issues.

As travel resumes and in-person inter-governmental meetings are restored, we have been on the ground actively representing our members at the WTO MC12, the OECD Ministerial, the ILO International Labor Conference, ICANN72 and more. In the coming months, USCIB is committed to responding to the risks that the U.S. economy and private sector continue to face, working with its members, global business partners, and multilateral institutions, and in continuous dialogue with the Administration.

Through its global affiliates, USCIB has been bringing U.S. business expertise to shape norm-setting in the UN, OECD, ILO and other vital international decision-making forums. Here are some of the key cross-cutting policy priorities we are championing:

  • Democracy, Peace and Security, and Protection of Human Rights
  • Inclusive Economic Recovery for Jobs and Sustainable Livelihoods—hand in hand with Sustainability, Restoration of Trust and Pursuit of Public Private Partnerships
  • Innovation for Solutions to Healthcare
  • Food and Energy Security in the Global Marketplace While Safeguarding Climate and Nature
  • Restoring Multilateral Trade, Disentangling Supply Chains, Staying Abreast of Sanctions, Combatting Illicit Trade and Advising on Customs Rules and Enforcement
  • Digital Transformation for a More Inclusive Society and New Frontiers in Employment
  • International Taxation and Finance enabling companies to thrive in a New Emerging Global Financial System

It is USCIB’s conviction that the multilateral system must evolve to build in meaningful engagement of business through dialogue and partnership. Here are just some of the upcoming international decision-making meetings where USCIB will support and advance U.S. business interests:

  • The UN General Assembly’s 77th Session and the UN Summit on Transforming Education (September)
  • Continuing treaty negotiations on Business and Human Rights (October)
  • ITU Plenipotentiary, Internet Governance Forum (IGF), and OECD Digital Ministerial (October – December)
  • UN Launch of treaty negotiations to combat plastics pollution (November – December)
  • UN Summits on Climate Change and Biodiversity (November – December)

Difficulties notwithstanding, 2022 has also been a year of opportunity for innovative solutions and strong, inclusive global partnerships. USCIB is committed to pursue all available gateways and connections to advance our members’ interests and engage them in tackling this suite of challenges facing the international community.

Wherever the international community policy discussions move to advance a sustainable and inclusive recovery during these uncertain times, USCIB will be there.

Investment & Trade  

Support a rules-based global trading system for economic recovery—our goals are:

  • Pro-investment policies and investor protections in the U.S. and internationally
  • A revived U.S. bilateral investment treaty program with appropriate partners
  • Effective and timely reform of the WTO
  • An expedited and robust implementation of the WTO Trade Facilitation Agreement, including implementation of best practices underpinning Agreement articles
  • Trade, environment, and climate policies that work in synergy, maintain WTO compatibility, and avoid unilateral trade-restrictive measures
  • “Circular economy” approaches and policies that allow for trade in materials for recycling and re-use, advance effective waste management and avoid arbitrary restrictions on materials
  • A digital trade agreement in the WTO and trade agreements that encourage e-commerce and cross-border data flows, and avoid forced localization
  • New market-opening agreements with the UK, EU and Kenya, Phase 2 agreements with China and Japan, and re-joining the TPP-11
  • Addressing business concerns with China’s trade and investment restricting practices
  • Work with global policymakers to increase supply chain resiliency
  • Further reduction of red tape at the border and additional transparency and predictability
  • Public-private partnerships to fight illicit trade and counterfeit and pirated goods

Sustainable Development

Promote long-term solutions through market-based approaches and public private partnerships—our goals are:

  • More business leadership and public-private partnership in implementation of the UN 2030 Development Agenda and advancement of the UN SDGs
  • A diversified and resilient food system to improve environmental economic, social, and nutritional outcomes through advocacy at the World Food Summit
  • In conjunction with the U.S. rejoining the Paris Agreement, a U.S. national pledge, in consultation with business, that advances energy security, innovation, investment, and climate resilience
  • Innovative technologies and nature-based solutions from business, incorporated in the final version of the UN Global Post 2020 Framework for Biodiversity
  • Input and influence in the UN Secretary General’s Digital Cooperation Roadmap to highlight business contributions and public-private partnerships for global digital cooperation

Innovation & Competition

Pursue recovery by promoting innovation, expertise and competitiveness in the global marketplace—our goals are:

  • Sensible pro-growth tax policies as fundamental U.S. reform is considered
  • Strong global rules that protect U.S. intellectual property
  • Maintenance of internet openness and stability through engagement with ICANN
  • Streamlined regulatory policies and ensuring of sustainable investment in innovation, broadband technologies, and connectivity capacity to reach under-served areas
  • Interoperable approaches to cybersecurity and privacy policies
  • Consumer protection standards led by self-regulation in marketing and advertising
  • Business leadership in informing the OECD’s program to agree new multilateral rules to address the Tax Challenges Arising from Digitalization
  • Global rules on competition policy that ensure a level-playing field for U.S. companies

Business & Society

Advance rule of law and business positive social impact—our goals are:

  • Government implementation of duty to protect the human rights of their citizens and continued company action to demonstrate respect for human rights per the UN Guiding Principleson Business and Human Rights
  • Effective enactment and enforcement of laws in accordance with international standards to safeguard human rights and labor rights and promote anti-bribery and anti-corruption policies
  • Responsible business conduct programs and training initiatives for small and medium enterprises
  • Convening of multi-stakeholder dialogues on responsible business conduct and improving working conditions in global supply chains

The Future of Work

Jumpstart employment creation, strengthen inclusive labor markets, and prepare the workforce for the jobs of the future—our goals are: 

  • Inclusive labor market policies that recognize diverse forms of work and support well-governed labor mobility
  • Women’s economic empowerment, youth employment, and enhancement of labor market equity for underrepresented groups through promotion of diversity and inclusion
  • Strengthened social protection systems that enable added resilience for workers and better management of any future labor market disruptions
  • Government education policies informed by dialogue with business on skills for the future of work and need for life-long-learning opportunities for all, including reskilling and upskilling
  • Job creation and employment transitions enabled by development of digital skills to facilitate productive participation in the digital transformation of the economy

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