USCIB Issues 2024 Priorities and Recommendations for APEC

USCIB has issued this year’s priorities and recommendations that USCIB and its members would like to see advanced in the Asia-Pacific Economic Cooperation (APEC). This annual priorities document reflects critical issue areas across USCIB’s primary workstreams related to APEC. USCIB has always been a longstanding and steadfast contributor to APEC workstreams and stands ready to provide business inputs to advance APEC goals and objectives for 2024 and beyond.   

APEC also reflects USCIB’s longstanding and guiding objectives of promoting open markets, competitiveness and innovation, sustainable development and corporate responsibility, supported by international engagement and regulatory coherence.  

“USCIB values the committed partnerships that APEC has established with the private sector to address the many economic opportunities available to foster greater integration between APEC’s member economies,” said USCIB Senior Vice President for Trade, Investment and Digital Policy Alice Slayton Clark. 

“We laud the excellent work accomplished during the 2023 U.S. APEC host year and look forward to an equally productive 2024, exploring new topics for outcomes and deliverables as Peru takes the helm,” added Clark.  

APEC Working Group

Trends and Challenges Companies Face in the Asia Pacific region:

  • By 2030, two-thirds of all middle-class consumers will be in Asia, making this region a priority for U.S. companies to gain open and fair access to markets in the Asia-Pacific.
  • See here for our 2024 APEC Priority Issues and Recommendations Paper.
  • Comprising of 21 member economies, which account for approximately 40 percent of the world’s population and over 50 percent of world’s GDP and half of the world’s trade, APEC is the top economic forum in the region that actively encourages economic growth, regional cooperation and trade and investment.

USCIB’s Response:

  • Supports members’ interests within APEC and welcomes committed partnerships that APEC has established with the private sector to engage with participatory economies in addressing the complex economic issues that face the region.
  • Works through APEC to maintain connections with business and governments in the region to pursue initiatives that can improve market access and greater regulatory compatibility for our members.
  • Advocates for policies which encourage APEC economies to maintain an open trade and investment environment and eliminate non-tariff barriers across borders.
  • Collaborates with other USCIB committees on areas of USCIB priority and expertise within APEC, including chemicals, e-commerce, customs, marketing and advertising and global value chains.
  • Convenes issue-specific events and meetings with high-level government officials to discuss member priorities and APEC meetings and outcomes.
  • Facilitates business input into APEC through four main channels: U.S. APEC Business Coalition, APEC Business Advisory Council (through the National Center for APEC — NCAPEC), International Chamber of Commerce and the U.S. Government.

Magnifying Your Voice with USCIB:

  • USCIB is the only U.S. business association formally affiliated with the world’s three largest business organizations where we work with business leaders across the globe to extend our reach to influence policymakers in key international markets to American business.
  • Build consensus with like-minded industry peers and participate in off-the-record briefings with policymakers both home and abroad.

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Staff

Christopher Olsen
Policy Manager, Regulation and Trade
202-617-3156 or colsen@uscib.org

USCIB Welcomes Korean Business Colleagues for Discussion on ILO, Labor and Trade issues

Chairman of CJ Group Kyung Shik Sohn (left) and Peter Robinson (right) at USCIB’s NYC office.

Kyung Shik Sohn, chairman of CJ Group and of the Korea Enterprises Federation-FEK (and also Honorary Chairman of the Korean Chamber of Commerce and Industry-KCCI), visited USCIB President and CEO Peter Robinson on April 12.  Sohn was accompanied by CJ America CEO Hyunsoo (Hans) Shin. USCIB Senior Counsel Ronnie Goldberg and Vice President for Corporate Responsibility and Labor Affairs Gabriella Rigg Herzog, joined Robinson for USCIB.

FEK is USCIB’s Korean sister member organization in the International Organization of Employers (IOE). Discussion thus included an exchange of information and perspectives on ILO work in such areas as human rights, supply chains, forced labor and discrimination. KCCI, for which Sohn had served as longtime Chairman, is USCIB’s Korean sister national committee in the International Chamber of Commerce (ICC) and also counterpart as National Guaranteeing and Issuing Association for the ATA Carnet export service.

According to Robinson, discussion also included respective perspectives on Korean and U.S. political environments and the recent Korean elections, U.S.-Korea trade relations and the importance to business of engagement with multilateral institutions. Sohn and Shin also provided an overview of the CJ Group and its American operations, a multinational corporation with operations ranging from Food/Food Services to Bio/Life Sciences, to Media/Entertainment, to Retail/Logistics.

USCIB looks forward to ongoing collaboration with KEF, KCCI and CJ Group.

USCIB Supports Strengthening Trade, Investment, Economic Ties in Indo-Pacific

USCIB was among a dozen other trade associations in submitting a letter to the Biden Administration welcoming the launch of the Indo-Pacific Economic Framework (IPEF) initiative as part of the government’s Indo-Pacific strategy. USCIB’s engagement on the letter was led by USCIB Trade and Investment Committee Chair, Rick Johnston.

The letter stated: “We agree that strengthening trade, investment and economic ties with the region benefits all Americans. The United States needs an affirmative agenda with allies and key partners in the Indo-Pacific to advance shared economic and strategic interests. The United States, as well as our allies and key trading partners, would benefit most from an ambitious and comprehensive IPEF initiative with enforceable commitments, new market opportunities, and wide adoption of high standards.”

“It is critical that U.S. industry voices its support for Biden Administration leadership in engaging this important region of the world,” said USCIB Director for Investment, Trade and China Alice Slayton Clark.

According to the letter, the Indo-Pacific already accounts for $1.75 trillion in trade with the United States and thirty percent of U.S. goods and services exports, supporting millions of American jobs.

USCIB Welcomes Senate’s Unanimous Confirmation Vote on USTR Tai

Photo: Bill O’Leary/The Washington Post/Bloomberg via Getty Images

Washington, D.C., March 18, 2021—The United States Council for International Business (USCIB) salutes the Senate for its unanimous vote on March 17 to confirm Katherine Tai as the next U.S. Trade Representative (USTR), believing she is a solid choice for this important cabinet-level position, bringing outstanding experience as an attorney-advisor and litigator at USTR, as Chief Trade Counsel for the House of Representatives Ways and Means Trade Subcommittee, and as an attorney in the private sector.

America’s economic growth, jobs and competitiveness, our future, depends to a considerable degree on how well we are able to engage and compete in today’s, and tomorrow’s, global economy. USTR Tai will lead America’s efforts on some very important trade and investment issues including our leadership in the World Trade Organization (WTO), updated and improved rules on digital trade, reducing foreign trade and investment barriers hurting American companies and workers, and effectively enforcing our existing network of trade agreements. Tai’s experience with Congress, as well as her expertise in trade law, the WTO and in Asia and China will serve her, and our country, very well in ​this crucial position.

“USCIB knows and respects Ms.Tai and has worked well with her in her important role at the Ways and Means Committee,” said USCIB President and CEO Peter Robinson. “As an organization committed to open trade and investment flows, as well as high standards of corporate responsibility, all of us at USCIB and our member companies look forward to working with Ms.Tai to advance America’s economic interests and our shared values.”

Citi’s Senior Vice President and Managing Director of Global Government Affairs Rick Johnston, who also c​hairs the USCIB Trade and Investment Committee added, “Ms. Tai is the timely choice for this critical role as USTR at a very important an​d challenging time. Winning unanimous support from the Senate is a rare tribute to her abilities, her experience, and the respect she has earned from all quarters. The right leader at the right time for a very important job.”

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, the International Organization of Employers 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 Announces New Policy Leadership

Brian Lowry

New York, N.Y., February 01, 2021: The United States Council for International Business (USCIB) announced that Brian Lowry, a former executive in the agriculture and crop science industry, and longtime USCIB corporate member leader, has joined USCIB’s staff as senior vice president of innovation, regulation, and trade. Lowry will be replacing Mike Michener, vice president for product policy and innovation, who is departing USCIB to join the Biden Administration to coordinate international food security policy.

Norine Kennedy

In addition, USCIB announced the promotion of Norine Kennedy to the position of senior vice president, policy and global strategy. With over 25 years’ experience as USCIB’s lead on environment, energy and climate change, Kennedy has been a forceful and respected voice for U.S. business at the UN Rio, Johannesburg, and Rio+20 sustainability conferences, at UN Environment Programme (UNEP) and UN Environment Assembly (UNEA) meetings, all Conferences of the Parties of the UN Convention on Climate Change (UNFCCC) and at the UN High Level Political Forum (HLPF). Kennedy also spearheaded USCIB’s strategic international engagement initiative to advance meaningful business engagement, partnership and regulatory diplomacy across the UN system.

Working from St. Louis and USCIB’s Washington, DC office, Lowry will lead the organization’s policy work on trade, health, food, agriculture, chemicals, and intellectual property. He will also coordinate USCIB’s engagement in the Asia-Pacific Economic Cooperation (APEC) forum.

“Brian brings a wealth of experience and knowledge to USCIB, especially his background in working within a multinational corporate entity and with international organizations, that will contribute greatly to our efforts on behalf of members,” said Peter Robinson, USCIB CEO and president. “We are excited to have him join our team at a time when the policy and regulatory issues facing American companies are complex and growing—but also when the innovative capacity of the private sector can contribute so much to solving the global challenges we face today.”

Lowry most recently served in St. Louis as deputy general counsel at Bayer U.S. – Crop Science Division (formerly Monsanto) and headed the Office of Law & Policy. He was responsible for key legal functions and public policy efforts including international trade policy, negotiations, and compliance; multi-lateral undertakings and conventions and UN-related matters; human rights, human resources, and immigration; business conduct, ethics, and anti-corruption; intellectual property policy; and stakeholder and socially responsible investor engagement. Lowry also co-chaired the USCIB working group on the UN Sustainable Development Goals and Post-2015 Development Agenda and was the first board chair of the UN Global Compact Network USA.

In 2017, Lowry was recognized by the Financial Times as one of the six best leading in-house counsel specialists as “The Thought Leader.” In 2011, he was a finalist in the International Law Office Global Counsel Awards, and in 2014, he was recognized as the American Corporate Counsel International Lawyer of the Year. He is regularly engaged in university discussions on food security and business and human rights, and participates in a number of philanthropic, arts and community boards and activities. Lowry has taken advanced studies at Stanford University and Harvard University, and holds degrees from the University of Dayton, BS Education, and Washington University, Juris Doctorate.

Mike Michener

Michener is a former administrator of the U.S. Foreign Agricultural Service who has also served as a U.S. diplomat in Rome and association executive in Brussels; he also worked with the U.S. Department of State, the U.S. Department of Homeland Security, and the U.S. Agency for International Development, and he served with the United States Army for seven years in Europe.

Robinson said, “We are sorry to see Mike Michener leave us, but happy as always to see USCIB alumni going on to key corporate and governmental positions. And we are fortunate to be able to count on the collaborative leadership of Norine Kennedy and Brian Lowry in advancing opportunities for private sector solutions to critical global issues at a time when multilateralism matters to business.”

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, the International Organization of Employers 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 Announces 2021 Priority Issues for Asia-Pacific Economic Cooperation (APEC)

Washington D.C., January 5, 2020 — The United States Council for International Business (USCIB), which represents many of America’s leading global companies, appreciates and welcomes the committed partnerships that the Asia-Pacific Economic Cooperation (APEC) has established with the private sector to address the many economic, trade and regulatory opportunities available to foster greater integration between APEC’s twenty-one member economies. Each year, USCIB issues a statement outlining priorities and recommendations that USCIB and its members would like to see advanced in that particular APEC year; we are pleased to announce and make available our 2021 APEC Priority Issues and Recommendations paper:

USCIB commends the leadership of Malaysia in 2020, particularly under the challenging circumstances of adjusting to virtual meetings in the face of an unprecedented global pandemic. Our members see the New Zealand host year as an important opportunity to continue essential work in APEC working groups and to set topics for major outcomes and deliverables. USCIB members are eager to learn more about key initiatives for New Zealand during its host year and how business can help achieve these initiatives. Further, USCIB members are looking forward to Thailand’s host year in 2022. We stand ready to provide relevant inputs into the establishment of goals and objectives. The policy priorities of USCIB reflect our longstanding and overarching objectives of promoting open markets, competitiveness and innovation, sustainable development, and corporate responsibility. The priorities and recommendations detailed in this document are practical recommendations that can be taken to address some of the challenges for governments and businesses in the APEC region.

There remain ongoing global business concerns that the U.S. government and APEC Business Advisory Council (ABAC) members should consider as they identify priorities for the upcoming year. USCIB members have identified key issues that are detailed in this paper. We view this APEC Priority Issues and Recommendations policy paper as a “living document”, which is updated on an annual basis at the time of the CEO Summit, and as necessary following Senior Official Meetings throughout the year. The priorities in this statement are not exhaustive, in many cases they are “living issues”, and we will continue to work with our members on emerging and developing issues. We would be pleased to address any questions and discuss any of these recommendations in greater detail.

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, generating $5 trillion in annual revenues and employing over 11 million people worldwide. As the U.S. affiliate of the International Chamber of Commerce (ICC), the International Organization of Employers, and Business at OECD (known as BIAC), USCIB helps to provide business views to policy makers and regulatory authorities worldwide, and works to facilitate international trade and investment. More information is available at www.uscib.org.

USCIB to Present Proposal at APEC on Fighting IP Crime, Illicit Trade

During this week’s virtual Asia Pacific Economic Cooperation (APEC) meeting of the Intellectual Property Rights Expert Group (IPEG) as part of the third Senior Officials Meeting (SOM) this year, USCIB will be presenting a proposal on October 7 on fighting intellectual property crime and illicit trade in counterfeit and pirated goods. This presentation will be given by USCIB Anti-Illicit Trade Committee (AITC) Chair David Luna of Luna Global Networks and Vice Chair Fernando Peña of DHL.

The proposal presented by Luna and Peña builds on previous groundwork in APEC on fighting illicit trade in various working groups, such as IPEG, the APEC Business Advisory Council, the Sub-Committee on Customs Procedures, and others, as well as scaling current efforts to strengthen international cooperation across economies, sectors and communities to fight illicit trade, including in established Free Trade Zones in the APEC region.

Luna and Pena will also discuss how COVID-19 further mutated criminality and IP infringement across online and e-commerce marketplaces, including through illicit trade, that is putting the health and safety of APEC citizens and communities at risk. Examples of products affected include medicines, personal protective equipment (PPE), medical supplies and fast-moving consumer goods such as food, hand-sanitizers and disinfectants.

“This has resulted in increased trade in illicit goods throughout APEC economies, which has sapped governments of vital tax revenues, inhibiting funding for pandemic response and economic recovery,” added USCIB Director for Customs and Trade Facilitation Megan Giblin. “We must continue to promote APEC’s leadership through public-private partnerships in APEC and across the Asia Pacific region and globally fight illicit trade.”

USCIB Submits Comments to USTR on China’s Compliance With WTO

USCIB submitted comments on China’s compliance with WTO commitments on September 17. The comments were in response to the U.S. Trade Representative’s (USTR) request for input. In its comments, USCIB welcomed the “Phase One” trade agreement between the United States and China, as well as China’s actions to date to implement its commitments under that agreement. According to USCIB, if fully implemented, the agreement will help address a host of policies and practices maintained by China that undermine the ability of U.S. businesses to operate, including unfair and discriminatory governmental practices.

USCIB also noted that U.S. tariffs and Chinese retaliatory tariffs imposed as a result of the U.S. Section 301 investigation into China’s forced technology transfer, intellectual property, and innovation policies have been disruptive to U.S. business.

“While the Phase One deal partially addresses some of these tariffs, more must be done to restore the ability of U.S. business to compete effectively in the global marketplace,” said Eva Hampl, who leads USCIB’s policy work on China. “As described in this submission, many issues affecting business remain a concern in China. Accordingly, high-level bilateral dialogue between the United States and China continues to be of the utmost importance.”

USCIB urges both countries to utilize, in addition to the World Trade Organization (WTO), the full range of formal multilateral fora, including Asia-Pacific Economic Cooperation (APEC) Forum and the Organization for Economic Cooperation and Development (OECD), to work toward improved commercial relations. Plurilateral dialogues that include U.S.-friendly jurisdictions such as the European Union, Canada or Australia should also be considered.

“USCIB and its members understand and appreciate that U.S.-China economic relations are complex and multifaceted, and that American business holds a direct and important stake in this relationship and in its success,” added Hampl. “As the world’s largest economy, China’s practices and policies have a significant impact on its trading partners, and engagement with China can be challenging.”

Due to the COVID-19 pandemic, there will not be a public hearing this year. USCIB’s submission is public and can also be found on www.regulations.gov under Docket Number USTR-2020-0033.

 

USCIB Congratulates Colombia on Formally Becoming OECD Member

Pictured from left: Iván Duque Márquez, President of the Republic of Colombia and Angel Gurría, Secretary-General of the OECD (Photo: OECD/Victor Tonelli)

The Organization for Economic Cooperation and Development (OECD) announced that Colombia has formally become an OECD Member as of April 28, 2020. Colombia is the 37th country to do so in the Organization’s near 60-year history.

According to the OECD, Colombia has now completed its domestic procedures for ratification of the OECD Convention and deposited its instrument of accession. This brings to a successful conclusion an accession process that began in 2013.

“Colombia is an important market for many companies, and we commend Colombia on successfully concluding this lengthy process and committing to the high standards of the OECD,” said USCIB Senior Director for Trade, Investment and Financial Services Eva Hampl. As the official voice representing U.S. business in this process, USCIB was actively involved in providing input into Colombia’s accession process via Business at OECD (BIAC), the official business voice at the OECD.

OECD Member countries formally invited Colombia to join the Organization in May 2018, following a five-year accession process during which it underwent in-depth reviews by twenty-three OECD Committees and introduced major reforms to align its legislation, policies and practices to OECD standards. These spanned the breadth of policy fields including labor issues, reform of the justice system, corporate governance of state-owned enterprises, anti-bribery, trade, and the establishment of a national policy on industrial chemicals and waste management.