March 12, 2020, New York, New York — The U.S. Council for International Business (USCIB) and Business Partners for Sustainable Development today called for a cooperative, unified, business and government response to the global threat that is the COVID-19 Virus, on par with the challenges of the Space Race of the last century.
With a membership base of American companies operating globally and a longstanding role in representing business before the United Nations, and as the American affiliate of the leading international business organizations, USCIB and its partner organizations offer an extensive network to coordinate the private sector in its response to COVID-19.
“Grand challenges like COVID-19 require “moonshot thinking”, where governments around the world develop transformative and inclusive programs in consultation with the business community in a collaborative effort to stem the spread of the virus,” said USCIB President and CEO Peter M. Robinson. “Our networks can play a vital role in rapidly bringing together the considerable resources of the global business community. History tells us that in times of crisis, business and government, working together, have the capacity to develop collaborative, innovative solutions that are not possible without such cooperation.”
Effective immediately, USCIB has taken steps to limit the spread of the virus by asking employees in New York and Washington, D.C. to work remotely until further notice. USCIB is utilizing teleconferencing tools to hold meetings virtually and limiting domestic and international travel in an effort to protect team members.
USCIB is working closely with public health expert Dr. Scott Ratzan, editor-in-chief of the Journal of Health Communications: International Perspectives, and executive director of Business Partners for Sustainable Development.
BPSD is an international public-private partnership in support of the UN Sustainable Development Goals (SDGs). It provides a framework for government, business and civil society to share information, resources, activities and capabilities, and works in collaboration to achieve objectives together that the sectors cannot achieve independently.
“By working with the extensive networks of USCIB and its affiliated organizations, government can more rapidly mobilize the resources of the private sector and communicate in a more effective and timely manner,” said Dr. Ratzan. “This coordinated, multi-lateral response is essential to effectively responding to COVID-19.”
Recent initiatives of USCIB and its international affiliates that demonstrate how business and government can work together to develop response plans for COVID-19 include:
- The International Chamber of Commerce (ICC) is working with the World Health Organization (WHO) on the design of an action plan to reach millions of businesses which are seeking support and guidance to ensure business continuity. ICC is taking an inventory of all tools and instruments that will be essential for businesses in facing the current exceptional circumstances.
- The International Organization of Employers (IOE) is working with the International Labor Organization (ILO) to distribute WHO guidance on simple and low-cost measures that can help prevent the spread of the disease while creating a healthier and more productive workplace.
- Business at OECD (BIAC) is working with the Organization for Economic Cooperation and Development (OECD) on recommendations to help governments deal with the threat to the global economy posed by the coronavirus crisis.
- USCIB and Business Partners for Sustainable Development (a partnership initiative of The USCIB Foundation), is working with Business Fights Poverty to develop an online “challenge” discussion on how business should tackle the coronavirus challenge.
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 (IOE), and Business at OECD (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.
Contact:
Kira Yevtukhova, USCIB
+1 202.617.3160, kyevtukhova@uscib.org