JOURNAL OF THE UNITED STATES COUNCIL FOR INTERNATIONAL BUSINESS WINTER 2013-2014 VOL. XXXV, NO. 4

INTERNATIONALBUSINESSBali: A Welcome Victory For Global Tradepage 3

The World Trade Organization’s

Roberto Azevêdo (Photo © WTO/ANTARA)

Inside

USCIB Award Gala 4

Conflict Minerals 5

ICC Arbitration News 12

2 USCIB International Business Winter 2013-2014 www.uscib.org

competition sharper than ever, the feeling I get is that some in the adminis-tration and on Capitol Hill still seem trapped in the old, tired “outsourcing/exporting jobs” mindset. U.S. firms, large and small, need to have the option of investing abroad to bolster their global competitiveness and grow good jobs here at home.

Outbound FDI drives exports, jobs, R&D at homeSeveral recent studies (including from USCIB and from the Peterson Institute for International Economics) show that increased FDI abroad by U.S. firms correlates with increased exports, job creation, R&D expenditures, and tax revenues here at home. Investing abroad is good for the U.S. economy: it’s the only truly viable national strategy for U.S. competitiveness in today’s global economy, in which 90 percent of the world’s consumers and 75 per-cent of global GDP exist outside U.S. borders. Our businesses need access to local elements of supply chains, to service outlets close to markets, and to key inputs and natural resources. Not investing abroad would force U.S. companies to compete with one hand tied behind their back.

There are numerous ways in which companies and the administration can utilize and support outward FDI, the most effective being agreeing on high-standard bilateral investment treaties (BITs). Far-reaching and inclusive BITs, including one with China currently under negotiation, will provide the ground-work for strong trade in both directions. Shaking hands with our partners on these high-standard treaties – the sooner the better – will give America a big advantage in spurring growth and jobs.

Nostalgia for the “good old days” when U.S. business had no international competitors, when we could make everything in America and ship it to the world, is certainly understandable. But nostalgia can’t drive U.S. economic policy making. We need U.S. economic policies, led by the administration, attuned to today’s economic realities, including the growth of global value chains. These have to include strongly pro-FDI policies – for both inward and outward investment.

Let’s get everyone pulling in the same direction, for consistent pro-invest-ment policies to help American companies and American workers compete around the world. Let’s start clapping with both hands on FDI!

Contact Peter Robinson at (212) 703-5046 or probinson@uscib.org.

We were delighted when, in early November, the U.S. Department of Commerce spearheaded a very successful “Select USA Investment Summit” aimed at wooing overseas investors to our shores. But while it was truly heartening to have the Obama administration fully and publicly on board with a strong message that inward foreign direct investment (FDI) is good for the U.S. economy – for U.S. jobs, for our competitiveness, and for our com-munities – we could still do a lot more. The FDI glass is really only half-full in terms of administration policies, which seem to stress inward investment to the exclusion of outbound FDI by U.S.-based firms. We and the administra-tion need to take a balanced approach to achieve the best results of this new push for FDI.

The Select USA Summit was a fantastic step in the right direction. It was great to have President Obama, Secretaries Pritzker, Kerry, Lew and Perez, plus U.S. Trade Representative Michael Froman and National Economic Council NEC Chair Gene Sperling, all sounding a consistent pro-investment message. Leaders from USCIB member companies also spoke, including Andrew Liveris of Dow Chemical, Bill Simon of Wal-Mart USA, Joe Echevarria of Deloitte, Doug Oberhelman of Caterpillar, Bill Black of Fleishman-Hillard and others. They delivered a strong message, and we agree that the U.S. needs to jump into the fray at both the federal and sub-federal levels and compete to make America the most attractive global destination for FDI.

“Sayonara” to investment xenophobiaWe are only eight years removed from the Dubai Ports World (DPI) debacle of 2005, when congressmen and senators from both parties sought to out-do each other in demonizing foreign investment in America’s infrastructure. The Bush administration seemed stuck in neutral, unable or unwilling to ar-ticulate coherent pro-investment policies. Some may even remember the anti-Japanese paranoia of the 1980s, fueled largely by xenophobia. We’ve come a long way from such narrow-minded thinking.

More encouraging, the real story today is outside Washington – in America’s states, cities, and towns, where inward FDI is planting new “greenfield” man-ufacturing and services enterprises, and reviving established companies, creating good jobs and fueling economic growth as well as tax revenues and new infrastructure. We are clearly on an FDI roll, and it’s great to have the administration both celebrating it and doubling down to hone America’s investment competitiveness.

But we’re clapping with just one hand. A careful reading of high-level speech-es and conference documents from the Select USA Summit suggests an administration still too timid when it comes to outward investment by U.S.-based firms. In today’s globalized, supply chain-driven economy with

Peter M. Robinson, President and CEO, USCIBthe

first word

It’s Time to Clap With Both Hands on FDI

U.S. officials say all the right things about inward investment. They must also support outbound FDI, which is critically important for U.S. exports, competitiveness and jobs.

USCIB International Business Winter 2013-2014 www.uscib.org 3

USCIB applauded the adoption in December of an ambitious package of trade liberalization measures by World Trade Organization members at the WTO ministe-rial in Bali, Indonesia.

”WTO members have delivered a dose of holiday cheer to a struggling global economy,” said USCIB President and CEO Peter Robinson. “We con-gratulate ministers on making the tough choices necessary to push this package of agree-ments past the finish line. They have demonstrated once again the critical importance of multi-lateral trade liberalization.”

Expectations ahead of the Bali meeting were low, in light of WTO members’ inability to agree to a package in preliminary meetings in Geneva, leaving the tough deci-sions for trade ministers. But Robinson said the business community did not give up hope, and indeed redoubled its efforts to push governments toward an agreement. He said the result – a set of agreements to, among other things, facilitate global trade through modernization of customs and other administrative practices – “will add billions of dollars to global GDP and create millions of jobs.”

A major business push came from the International Chamber of Commerce (ICC), which earlier in the year estimated that a trade facilitation agreement alone would deliver global job gains of 21 million, with developing countries gaining more than 18 million jobs and developed countries increasing their workforce by three million.

“With our help, 159 countries came together to reach a trade facilitation agreement that will boost the world’s economy by almost one trillion U.S. dollars,” said ICC Chairman Terry McGraw, who also serves as USCIB’s chairman, in a video mes-sage to governments and ICC members worldwide. “What an accomplishment! And the good news is everyone participated.”

McGraw said the agreement “breaks through the logjam that has bottled up trade agreements for the last decade, and paves the way for future agreements that will further increase global growth and job creation.”

The business community, already rallying in support of renewed Trade Promotion Authority as well as prospective U.S. trade pacts with 12 Asia-Pacific nations and the European Union, will push hard for adoption of the Bali package by Congress, according to USCIB Senior Vice President Rob Mulligan, who attended the Bali ministerial and who spearheads USCIB’s Washington-based activities. “We in the private sector are united in our support for this agreement, and for additional action to spur jobs and growth through international trade,” he said.

WTO Breakthrough Caps a Banner Year for Trade

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Despite U.S. Shutdown, USCIB Charges Ahead on TradeThis past fall’s U.S. government shutdown may have caused the cancellation of planned U.S.-EU trade talks (along with so much else), but USCIB kept up a high level of activity on key trade and investment priorities, with a number of timely events and meet-ings in Europe.

Working with the National Foreign Trade Council and the Interna-tional Chamber of Commerce (ICC), we organized a September program in Geneva on “Localization Barriers to Trade.” The well-attended gathering focused on the importance of global value chains to corporate and national competitiveness (the subject of a recent USCIB-commissioned paper by Dartmouth’s Matthew Slaughter), and how forced localization requirements undercut the ability of global companies to effectively utilize their value chains to generate growth and jobs in those countries that impose them.

Speakers included Rob Mulligan, USCIB’s senior vice president for policy and government affairs, Hendrik Bourgeois (GE), Jef-frey Schott (Peterson Institute for International Economics) and Rob Atkinson (Information Technology & Innovation Foundation). Afterward, USCIB co-hosted a reception that provided additional opportunity for members to meet with representatives from the WTO delegations of several countries.

Mulligan later traveled to Brussels, where he joined other mem-bers of the Business Coalition for Transatlantic Trade for meetings with EU negotiators as well as EU business representatives to discuss U.S. business priorities and views for the Transatlantic Trade and Investment Partnership (TTIP). Key takeaways from the meeting included the EU’s emphasis on government procurement in the TTIP, and some concern about a slow response from the U.S. on regulatory cooperation issues, a key aspect of the talks. Mulligan and other business representatives highlighted a number of priorities for American business.

Not to be outdone, Shaun Donnelly, USCIB’s vice president for investment and financial services, journeyed to Copenhagen to speak at a well-attended conference on TTIP organized by the Confederation of Danish Industry (DI). The Copenhagen program was just one of a planned series of briefings and events Donnelly was scheduled to take part in across Western Europe, organized in cooperation with the State Department. Alas, the government shutdown forced him to postpone the rest of the trip.

WTO Director General Roberto Azevedo shepherded the Bali talks to a successful conclusion.

4 USCIB International Business Winter 2013-2014 www.uscib.org

The business community and the United Nations must rediscover their sense of shared purpose and “reconnect in building a world where interna-tional peace and prosperity reinforce each other,” according to UN Deputy Secretary General Jan Eliasson.

Eliasson spoke at USCIB’s 2013 International Leadership Award Dinner in September. His remarks came as USCIB and its allied business groups launched an effort to provide business input into the development of the UN’s post-2015 development agenda, which aims to expand upon the Millennium Development Goals agreed in 2000.

The gala dinner, held at the Waldorf-Astoria in New York, honored Fred Smith, chairman and CEO of FedEx Corp., who received USCIB’s top award before an audience of several hundred USCIB members, diplomats and business repre-sentatives from around the world.

“There is more than just an overlap be-tween United Nations development goals and private sector interests,” Eliasson stated. “We share common ground. If we can get, during the next two years, an ac-celeration of reaching these goals, then we will create the political momentum to move ahead and address sustainability, poverty and the rule of law.”

Serving as master of ceremonies, USCIB Chairman Terry McGraw urged business and the UN to work together to map out an ambitious – and achievable – post-2015 development agenda. “This represents a historic op-portunity to forge a global consensus in support of public-private activities to lead growth and create a more robust, inclusive world economy,” he said.

McGraw said business sought to promote several fundamental objectives

in the context of the post-2015 agenda. These include setting goals that are achievable in every country, putting a focus on improving national governance, implementing sound macro-economic and fiscal policies, es-tablishing effective national institutions, and providing adequate incentives for business to contribute.

Well deserved accolades for FedEx’s Smith

FedEx’s Smith accepted USCIB’s International Leadership Award on behalf of his company’s employees around the world. “Let me commend USCIB for the important work you are doing,” he said. “I think all of us in this room believe in the power of access, of connecting people, of ideas. Improving

people’s lives through global growth has been an important and valuable mission. We are shoulder-to-shoulder with you in this important work.”

Smith is the 32nd individual to receive the USCIB award, which was presented most recently to Andrew Liveris of Dow Chemical. The award recognizes efforts to expand world trade and investment, and to improve the competitive environ-ment for American business globally.

Smith founded FedEx Corp. in 1973, and it has grown into a $44-billion global transportation, business services and logistics company. McGraw praised him for his vision and leadership. “Fred Smith has been an active proponent of regulatory reform, free trade and open skies agreements for aviation around the world,” said McGraw. “FedEx is consistently ranked among the world’s most admired and trusted employ-ers and inspires its employees to remain absolutely, positively focused on safety, the highest ethical and professional standards and the needs of their customers and communities.”

UN Official: Let’s Work Together on Development Agenda

On the margins of September’s opening of the UN General Assembly, USCIB members met with UN and member state representatives to discuss U.S. business priorities in the UN’s new develop-ment agenda and Sustainable Development Goals (SDGs). Hosted by Pfizer, the day of “UN door-knock” policy consultations included a Green Economies Dialogue luncheon roundtable on green growth aspects of the SDGs.

“USCIB members are arguing for a strong focus on peace, security, good governance and economic growth in the SDGs,” said Clifford Henry (Procter & Gamble), chair of USCIB’s Corporate Responsi-

bility Committee, who led the business delegation. “These and other fundamental priorities underpin enabling conditions for job creation, environmental stewardship and economic development.”

Business representatives underscored the need for open trade and investment regimes, as well as strong intellectual property protection, as prerequi-sites for the deployment of business, financial, and technical expertise to advance development and address international challenges of energy access, food security and poverty eradication. Other com-panies taking part included Diageo, ExxonMobil, General Electric and Pfizer.

USCIB members met with Ambassador Takehiro Kagawa of the Japanese Ministry for Foreign Af-fairs, and Daniella Ballou-Aares, special advisor on development to the U.S. Secretary of State. Karina Gerlach, a member of the UN Secretary General’s High-Level Expert Group for the Post-2015 Development Agenda, and Shamshad Akhtar, the UN’s Assistant Secretary General for economic development, briefed the group on work-streams that make up the UN-wide effort – including the Experts Group on Finance for Sus-tainable Development – and suggested ways to involve business in these deliberations.

USCIB Flags Business Priorities in UN “Door-Knock” Consultations

The UN’s Eliasson, FedEx CEO Fred Smith, USCIB Chairman Terry McGraw, USCIB President and CEO Peter Robinson

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OECD Conflict Minerals Forum Spotlights Responsible Sourcing

In November, for the first time ever, the Organization for Economic Cooperation and Development (OECD) brought its leading multi-stakeholder initiative on conflict minerals to the affected region in Central Africa.

The 6th OECD Forum on Responsible Mineral Supply Chains, held jointly with the UN Group of Experts on the Democratic Republic of the Congo and the International Conference of the Great Lakes Region, met in Kigali, Rwanda to review how responsible sourcing is working in practice in the region. Adam Greene, USCIB’s vice president for labor and corporate responsibility, played an active role at the forum.

The OECD initiative has become the key international process on conflict minerals – bringing together all the relevant players, including OECD member governments, all the governments of Central Africa, local and international civil society groups and business representatives from the entire mineral supply chain – from mining straight through to end producer or retailer. Additionally, the OECD initiative has produced the only internationally recognized due diligence guidance on conflict minerals, as well as two more detailed guides: one on tin, tantalum and tungsten (3T), and another on gold.

Unintended consequences of Dodd-Frank lawReflecting the influence of the OECD process on this issue, the European Commission has indicated that proposed EU legislation on conflict minerals will be based entirely on the OECD Due Diligence Guidance, in an effort to avoid the unintended consequences of Section 1502 of the U.S. Dodd-Frank Act.

“The OECD forum meeting in Kigali was an important opportunity to assess how the due diligence guid-ance was working in practice in the region, strengthen regional programs and review ongoing challenges,” Greene said. “The biggest challenge continues to be the de facto embargo caused by Dodd-Frank, which created enormous disincentives for any sourcing from the region.”

Rwanda, for example, has implemented a country-wide chain of custody program that fully conforms with the OECD due diligence guidance, yet producers in the country still cannot find buyers in European or North American markets, because Dodd-Frank imposes the same burden on all sourcing from the region, regard-less of whether it is responsible sourcing or not.

USCIB is working actively with BIAC, the Business and Industry Advisory Committee to the OECD, and busi-ness groups from Central Africa to promote responsible sourcing of minerals and to create incentives for sourcing that could potentially offset the disincentives created by Dodd-Frank.

A range of companies – including Boeing, Ford, GE, HP, Intel, Lockheed, Motorola Solutions, Northrop, Siemens, Texas Instruments and UTC – and numerous industry associations are participating in the OECD initiative. USCIB has played a key role in helping to coordinate business participation in the process, and Greene has been elected vice-chair of the initiative’s Multi-Stakeholder Steering Group.

In Bangladesh, “Better Work” Program Spearheads Safety ReformsIn October, USCIB welcomed the extension of the Better Work program, a joint initiative of the ILO and the International Finance Corpora-tion, to Bangladesh in an effort to improve workplace conditions in the country’s gar-ment industry.

“This is a very welcome development,” said USCIB President and CEO Peter Robinson. “It signals a strong commitment by govern-ments, in concert with global employers and trade unions, as well as their counterparts in Bangladesh, to improve working conditions in the country.”

Operational since 2009, the Better Work program brings together governments, em-ployers’ and workers’ organizations, global brands and supplier factories to improve both productivity and working conditions those factories. The program assesses compli-ance with labor laws, posts reports online and provides targeted capacity building training to improve compliance with labor standards as well as the competitiveness of the factory.

Robinson said USCIB has worked to line up U.S. corporate support for the Better Work program, including financial support. Through its participation in the Better Work pro-gram’s advisory committee, USCIB actively supported a recommendation to launch the Bangladesh country program, he noted.

“Better Work is a stellar example of public-pri-vate collaboration with measurable benefits,” Robinson stated. “By bringing all stakehold-ers together in a collaborative framework, it helps bring about sustainable improvements in workplace conditions.”

By virtue of its role as the U.S. affiliate of the International Organization of Employers, USCIB represents American business in the ILO, where it is the U.S. employer constitu-ent, serves on the ILO Governing Body, and leads the U.S. employer delegation to the ILO’s annual International Labor Conference.

Panelists at the forum in Kigalai, Rwanda. “The biggest challenge continues to be the de facto embargo caused by Dodd-Frank,” said USCIB’s Adam Greene (far left).

6 USCIB International Business Winter 2013-2014 www.uscib.org

USCIB Members Enrich Discussions at Internet Governance Forum

USCIB co-organized two workshops at the 8th Internet Governance Forum (IGF), which took place in October in Bali, Indonesia, enabling USCIB members and other stakeholder groups to make important substantive contributions on Internet governance, mobile telephony and use of the cloud in emerging econo-mies, and the economic engine of digital trade.

At the IGF, some 2,000 participants from business, government, civil society and the technical community participated in nearly 250 workshops aimed at exploring such varied topics as the principles of Internet governance and the multi-stakeholder model of governance, the Internet as an engine for growth and sustainable development, human rights, freedom of expression and free flow of information on the Internet.

According to Barbara Wanner, USCIB’s vice president for information, com-munications and technology policy, the controversy surrounding revelations of unauthorized surveillance by the U.S. National Security Agency informed much of the discussions at the IGF, particularly in light of reports of NSA surveillance of countries such as France and Germany. She said that, in the wake of the NSA revelations, Brazil’s proposal to host a meeting in May 2014 to consider new ways of Internet governance dominated formal program discussion at the IGF as well as informal “hallway” consultations.

Mobile communications’ expanding reachJacquelyn Ruff (Verizon Communications), moderated a standing-room-only workshop on “Mobile & Cloud Computing in Emerging Economies.” It featured commentary from speakers representing a broad cross-section of regional and stakeholder interests, including Verena Weber (OECD), Rohan Samara-jiva (LIRNEasia) and João Barros (University of Porto, Portugal). The session focused on the developmental promise for emerging economies from mobile

telephony and cloud computing capabilities due to their enormous potential in the next five years, when 90 percent of the world population is expected to have access to mobile coverage.

Key points raised at the workshop included:

• Cloud computing services can be provided in emerging economies at a low cost and an energy-efficient way. However, they can only be used if an Internet infrastructure is in place providing a low latency and robust Internet connection to cloud users.

• Greater efforts have to be made to connect more individuals, busi-nesses, and government agencies to the Internet, so that developing countries can benefit from cloud computing. Another major infrastruc-ture challenge is the lack of a reliable electricity supply in many regions to move content to the cloud and to run computers.

• Trust among nations was also underlined as crucial for cloud computing development. Ultimately, though, the customer is key, along with tech-nology, bandwidth, electricity and the need for redundancy or remote location as sources of confidence.

Richard Beaird (Wiley Rein) moderated another well-attended discussion on “Global Trade, Local Rules, & Internet Governance.” It featured commentary by Joseph Alhadeff (Oracle), vice chair of USCIB’s Information, Communications and Technology Committee, as well as Ruff, Samarajiva, and Sam Paltridge (OECD). The panel focused on the importance of supporting internet-enabled economic growth and how the erection of trade and regulatory barriers can impede such developmental benefits.

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Business Works to Strengthen Engagement in UN Climate Process

At November’s 19th Conference of Parties to the UN Framework Convention on Climate Change in War-saw, the business community moved forward with critically important efforts to engage more effectively in international climate deliberations.

On the sidelines of the UN meeting, the Major Economies Business Forum (BizMEF), a coalition of 20 cross-sectoral business groups from six continents, including USCIB, hosted the Warsaw Business Dialogue, working in partnership with the main Polish business federation and the Polish government’s presidency of COP-19.

The event brought together 50 high-level representatives from Poland and other national delegations, business leaders, the UNFCCC secretariat and other relevant organizations to discuss ways in which business can con-tribute more meaningfully to the UN process.

“Business supports development of an ambitious, inclusive post-2020 global climate agreement,” according to Norine Kennedy, USCIB’s vice president of envi-ronment and energy. “To achieve truly ambitious goals, negotiators must develop an agreement that harnesses private-sector R&D and investment to deliver climate-friendly technologies and solutions. Working together with governments, we can strengthen the practicality and economic viability of an agreement, supported by trade, investment and innovation.”

UN negotiators are aiming to advance work toward a post-2020 climate agreement at COP-20 next year in Lima, Peru. A final agreement is expected to be signed at COP-21 in Paris in 2015.

The Warsaw dialogue builds on the successful Doha Business Dialogue at COP-18 last year, and previous events at recent UN climate meetings in South Africa and Mexico. Under the theme of “Leverage Business Ac-tions in Technology and Investment,” participants considered ways that international climate policy could best benefit from business efforts to develop and deploy advanced technologies.

The business dialogues are part of a larger effort by BizMEF to establish a recognized channel for business to contribute its expertise and practical experience to the UN climate talks. “Currently, business has no formal role in the UNFCCC, we are simply observers,” said Brian Flannery, a BizMEF spokesperson.

“While we welcome that opportunity, both business and governments could benefit from a recognized channel to provide expert input and participation,” Flannery said. “Such channels work effectively in many other inter-national forums, including the International Labor Organization and the OECD. Both business and governments benefit from more informed participation.”

In his closing remarks to participants at the Warsaw dialogue, Ambassador Jorge Voto Bernales of Peru stated: “We in Peru will work with you in the business community and with the Polish presidency to promote creation of better channels for interactions with business going forward to COP-20 in Lima.”

Voto Bernales further suggested that BizMEF “consider opportunities to engage more closely with regional business groups and governments, in particular in the Latin American region, and with small and medium-sized enterprise as well as large multinational companies, to identify fruitful areas and explore them in more depth.

Business at the Table in Lead-Up to Global Nutrition ConferenceIn November, Helen Medina, USCIB’s senior director for product policy and inno-vation, took part in preparatory meetings for the Second International Conference on Nutrition (ICN2), which will take place in the fall of 2014, at the UN Food and Agricul-ture Organization’s headquarters in Rome. The conference will be convened by FAO and the World Health Organization.

During the meetings, delegates discussed the lessons learned from implementing nutrition-enhancing policies for the food system, for economic development and for poverty alleviation. They further debated which policies should be implemented to advance nutrition goals and address challenges such as malnutrition, “over-nutrition,” and non-communicable diseases – including those related to obesity – that are impacting countries at various stages of development.

Medina and other business representatives have met with government delegates from Brazil, Canada, Germany, Netherlands, the United Kingdom and the United States, as well as with David Nabarro, the UN’s spe-cial representative on food security. The core business message underscores the private sector’s know-how in the areas of innovation, science and technology, as well as good production and management prac-tices. This expertise can increasingly be harnessed through effective partnerships with research institutions, farmers, policy-makers and civil society.

Furthermore, the private sector plays a crit-ical role in further strengthening markets, economic growth and livelihoods, Medina said. While private-sector involvement is key, there is also a need for government collaboration, particularly in helping ensure greater policy coherence, such as reducing barriers to trade.

L-R: Norine Kennedy (USCIB), Amb. Robert Van Lierop (St. Kitts & Nevis), Russell Mills (Dow Chemical), Griffin Thompson (State Department), Amb. Jorge Voto Bernales (Peru), USCIB President and CEO Peter Robinson

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ICC Moves to New Paris HeadquartersThis past fall, ICC relocated from its longtime headquarters at 38, cours Albert 1er in Paris’s 8th arrondissement, to a larger, more modern facility at 33-43, avenue du President Wilson, just over a kilometer away, in the heart of the French capital. “While we leave 38 cours Albert 1er with a feeling of nostalgia, we move to our new headquarters, the Palais Wilson, with an eye on the future and particularly on our role as a relevant and leading global business organization that requires expanded facilities to match its growth,” said ICC Secretary General Jean-Guy Carrier. Close to 200 staff members, representing more than 30 nationalities, work at ICC headquarters. The new facility is adjacent to the Trocadero Gardens and has an attrac-tive view of the Eiffel Tower.

New Research Papers on Innovation and Intellectual PropertyIn October, ICC unveiled the first in a series of research papers on the interface between innovation and intel-lectual property at a conference in Brazil. The series of five papers will provide insights on how IP interacts with decisions, transactions and processes related to technology development and dissemination, with the aim of contributing to a better and more concrete understanding of the innovation-IP interface. The first paper, “Enhancing IP Management and Appropriation by Innovative SMEs,” addresses how innovative small- and medium-sized enterprises can improve their performance through better management of their intellectual assets. Further papers will explore issues relating to: innovation and knowledge exchange through global net-works and partnerships, the evolving geography of innovation, IP in innovation for non-commercial purposes, and diffusion channels for technology and know-how.

International Chamber of Commercewww.iccwbo.org

Dialogue With OECD on BEPS Action PlanIn October, BIAC held a second business dialogue with the OECD secretariat and member governments to dis-cuss the OECD Action Plan on Base Erosion and Profit Shifting (BEPS), which was endorsed by G20 leaders in Saint Petersburg the previous month. More than 100 business participants from numerous countries and indus-tries took part. BIAC said the business community appreciated the political imperatives driving the effort, and understood that new business models and the impacts of globalization on tax revenues needed further elucida-tion. “BIAC encourages an ongoing dialogue between business and the OECD in order to restore stability,” said Will Morris (GE), chair of BIAC’s Tax Committee. “We want to bring together the widest range of business views across jurisdictions and sectors to work towards a successful outcome that results in greater certainty, stability and supports cross-border trade and investment.”

Business and Industry Advisory Committee to the OECD www.biac.org

New ICC headquarters building on Avenue Wilson in Paris.

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Partnership in Jordan to Prevent Child LaborThe ILO and IOE have enlisted Sterling Apparel Manufacturing in Jordan to collaborate on a guid-ance tool project to help companies tackle child labor, including in their supply chains. Jordan’s garment industry Jordan has grown rapidly after the signing of a free trade agreement with the United States. “Over time, in addition to competitive prices, quality and delivery times, the industry has gained a reputation for respecting labor rights, including the prohibition of child labor, which has become part of its successful value proposition,” the IOE said in October. The ILO/IOE project focuses on fundamen-tal labor rights, in alignment with the UN’s Guiding Principles on Business and Human Rights – which put forward a framework of “Protect, Respect, and Remedy” enlisting governments, business and other actors in a comprehensive approach to safeguarding human rights.

Ensuring Migration Policies Reflect Labor Market NeedsEmployer delegates attending a November ILO meeting in Geneva on labor migration called on the organization to support a broad-based approach to migration that takes into account labor market needs. Following upon the previous month’s UN High-Level Dialogue on Migration and Development, the meeting addressed protection of migrant workers, needs assessment and skills recognition, and work-ing together to ensure well-governed labor migration and mobility. “Demographic realities and business needs increase the need for greater labor mobil-ity,” said Ellen Yost (Fragomen, Del Rey, Bernsen & Loewy). “However, government policies around the world increasingly have the effect of restricting mobility. Employers urge governments to recognize the importance of international labor mobility for economic growth, competitiveness and development and to adopt clearer, simpler and more consistent rules and procedures for easier cross-border move-ment of skills.”

International Organization of Employers www.ioe-emp.org

Trans-Pacific Trade Gains Friends on Capitol HillBipartisanship may be in short supply in Washington these days, but there are welcome signs of hope on the trade front. As a lead member of the steering committee of the Business Coalition for the Trans-Pacific Partnership (TPP), USCIB participated the October launch of the bipartisan Congressional “Friends of TPP” Caucus. The caucus’s four House co-chairs – Reps. Dave Reichert (R-WA), Ron Kind (D-WI), Charles Boustany (R-LA) and Greg Meeks (D-NY) – joined Singaporean Ambassador Ashok Kumar Mirpuri (speaking on behalf of the 11 TPP country ambassadors in attendance) and business representatives at the launch event in the Rayburn House Office Building. The Business Coalition for the TPP issued a press release supporting the new caucus and committing itself to working closely with its leaders, in order to build Congressional understanding of, and support for, a TPP agreement that is ambitious, comprehensive, and high-standard. “The quicker the better,” observed Shaun Donnelly, USCIB’s vice president for investment and financial services. “But USCIB and the business community have been very clear that the critical element here is getting a strong, comprehensive agreement, not racing to cut a mediocre deal in order to meet an arbitrary deadline.”

Getting the Facts on Trade Promotion AuthorityAs the business community and champions of trade geared up for an anticipated battle to re-establish Trade Promotion Authority,

USCIB and other members of the Trade Benefits American coalition released a new paper debunking the top 10 myths surrounding TPA. The paper sets the record straight about TPA: what it is, how it works and why it is an important tool.

Using Congressional provisions from past versions of TPA and legislation implementing U.S. trade agreements, their legislative histories, and other legal and policy sources, the paper explains – among other things – that TPA 1) does not exclude Congress from playing a meaningful role in the negotiation and approval of trade agreements, 2) does not undermine U.S. sovereignty, and 3) does not allow the negotiation of trade agreements that override U.S. consumer protection, health, environmental safety, security and financial standards. Read more at www.tradebenefitsamerica.org.

Business Groups Call for Tax ReformIn October, in advance of the first meeting of the Congressional Budget Conference Committee, USCIB joined 28 other industry groups – representing American businesses that employ tens of millions of American workers – released a statement in favor of sensible tax reform. The statement said the groups “share a common interest in pro-growth, comprehensive tax reform in the United States. We believe tax reform, done right, will create jobs, encourage more investment, and spur economic growth. A growing economy will also help the U.S. shrink its budget deficit. We urge the budget negotiators to seize this opportunity to pave the way for pro-growth, comprehensive tax reform in 2014.”

washingtonwire

10 USCIB International Business Winter 2013-2014 www.uscib.org

USCIB Joins Global Leaders at APEC Summit

USCIB took part in October’s APEC CEO Summit in Bali, Indo-nesia, which drew leaders including President Xi Jinping of China, Prime Minister Shinzo Abe of Japan and Russian President Vladimir Putin. Accomplishments at the APEC summit included the release of a final declaration restating leaders’ commitment to open trade in the region, as well as a special statement in support of the multilateral trading system as the Indonesian APEC year came to a close.

Prior to the summit, USCIB issued a statement on priorities for APEC in 2014, when China takes on hosting duties. The statement detailed a number of recommendations for APEC economies to take forward in such areas as chemicals regulation, climate change, cross-border data flows, localization barriers to trade and women’s economic em-powerment.

USCIB President and CEO Peter Robinson and Justine Badimon, director of regional affairs, were active at the summit and on the sidelines. Working with other members of the APEC Business Coali-tion, they met with Vietnamese President Truong Tan Sang, Chinese Commerce Minister Gao Hucheng, and Koya Nishikawa, Japan’s coordinator for the Trans-Pacific Partnership trade talks, as well as U.S. Trade Representative Michael Froman and Commerce Secre-tary Penny Pritzker.

The TPP trade talks were a special focus in Bali, and leaders of the TPP nations released their own statement saying negotiations are on track toward completion. Robinson also took part in an event on wom-en’s economic empowerment, hosted by Wal-Mart, where he provided an overview of a BIAC (Business and Industry Advisory Committee to the OECD) survey on gender equality and the work that USCIB is supporting.

Business Deepens Engagement With G20September’s G20 Summit in Saint Petersburg, Russia was the occasion for a deepening of the relationship with business leaders, as the parallel “B20” process culminated in a special session for CEOs and G20 leaders at Strelna Palace. The CEOs, including members of the International Chamber of Com-merce (ICC) G20 Advisory Group, presented policy recommendations to the heads of state, urging world leaders to drive economic growth and job creation by liberalizing trade and improving conditions for global investment, particularly in infrastructure.

The recommendations – covering topics including trade, investment and in-frastructure, financial systems, innovation and development, job creation, and transparency and anti-corruption – were the product of intensive collaboration among companies serving on B20 task forces since December 2012. The pro-cess was chaired by Alexander Shokhin, president of the Russian Union of Industrialists and Entrepreneurs, who had been designated by President Vladi-mir Putin to organize B20 efforts during the Russian G20 presidency.

ICC Chairman Terry McGraw, who is also chairman of USCIB and CEO of McGraw Hill Financial, took part in the Saint Petersburg meeting. He under-scored that the impasse among members of the World Trade Organization (WTO) and an increasingly sluggish global trading system risked reversing sig-nificant progress made in global living standards over the past 60 years.

The success of December’s WTO ministerial in Bali (see page 3) was an im-portant byproduct of this intensified business engagement with the G20 three months earlier. Attention now turns to Australia, host of the 2014 summit. USCIB is working with ICC – as well as with the International Organization of Employers and the Business and Industry Advisory Committee to the OECD – to further inject coordinated global business views into the G20 process.

At a meeting with President Truong Tan Sang of Vietnam (L-R): Larry Greenwood (MetLife), Peter Sykes (Dow), Kim Taylor (Johnson & Johnson) and Peter Robinson (USCIB).

USCIB International Business Winter 2013-2014 www.uscib.org 11

At a September International Labor Organization meeting in Geneva, business representatives from around the world joined government and trade union officials in con-tributing perspectives on ways to reduce participation in the untaxed, unregulated “infor-mal” economy.

Under the banner of the International Organiza-tion of Employers (IOE), part of USCIB’s global network, the business delegation stressed that a key factor contributing to the prevalence of informality is the cost of doing business in a country. Adam Greene, USCIB’s vice presi-dent for labor and corporate responsibility, took part and helped prepare the employers’ closing statement.

“Entrepreneurs and enterprises in the informal economy struggle to do business in a situation of legal uncertainty and insecurity, and are faced with numerous economic constraints,” stated Michael Chiam of the Malaysian Employers’ Federation. “They need the tools to buy and sell their products legally, to own property, to enter into legal contracts, to establish a business identity, to raise capital, to sell shares, to legally export. In essence, to have the official recogni-tion of their property and business ownership.”

According to Greene, the discussion is part of an effort expected to lead to an ILO recommen-dation on informality in 2015 that will serve as one of the key UN instruments on the issue. “It will, we hope, help push the UN’s effort to devel-op new Sustainable Development Goals in the right direction,” he said. “Informality can reflect a fundamental lack of effective governance, and good national governance will be critical to assure the success of the SDGs.”

Greene said that, from the employers’ perspec-tive, the ILO has a key role to play in addressing the issue of informality, because promoting em-ployment and sustainable enterprises, as well as fundamental principles and rights at work, are at the very heart of the ILO’s mission.

At the Geneva session, business representatives criticized the narrow focus of an ILO question-naire on labor markets, which they said had

led to unhelpful proposals for formalizing workers and upgrading workers’ rights, but not address-ing issues surrounding business formation and entrepreneurship. A focus solely on labor rights, they argued, would actually serve as a disincentive

to formalization. They said a wider range of mea-sures should be taken into consideration, including promoting effective national institutions and admin-istration, implementing judicial reform, and easing business registration and licensing.

At ILO, Employers Urge Steps to Reduce “Informal” Economy

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12 USCIB International Business Winter 2013-2014 www.uscib.org

ICC Arbitration Cases Now Administered in New York

The much-anticipated establishment of a presence of the International Court of Arbitration® of the International Chamber of Commerce (ICC) in New York City has been realized with the opening in September of an office to administer ICC arbitrations in North America.

SICANA, the new U.S. corporate entity responsible for the administration of cases under ICC dispute resolution rules and for the promotion of ICC dispute resolution services in North America, is located in midtown Manhat-tan at 1212 Avenue of the Americas, in the same build-ing where USCIB is headquartered.

For many years, US-CIB has hosted the ICC Court’s North American marketing team, headed by Josefa Sicard-Mirabal, the Court’s longtime director of arbitration and ADR for North America, who has been named executive director of SICANA.

“This is an important milestone for ICC and the Court,” said ICC Chairman Terry McGraw, CEO of McGraw Hill Financial. “Congratulations go out to everyone involved, especially Josefa, who developed the idea and spear-headed its implementation. We look forward to contin-ued growth in the Court’s activities, cementing its role as the premier forum for the resolution of cross-border disputes.”

Sicard-Mirabal and her team took up residence in their new offices in September. The recruitment of a case management team, which will be responsible for admin-istering cases in the region under the well-respected ICC Rules of Arbitration, is at an advanced stage. The new team in New York will work in conjunction with ICC Sec-retariat case management teams located in Paris and Hong Kong. It began administering existing North Ameri-can cases and registering new requests for arbitration in November 2013.

“The establishment of a formal presence in one of the Court’s most important markets is a big step forward for parties in North America,” said Mark Beckett, part-ner with Chadbourne & Parke and chair of USCIB’s Ar-bitration Committee. “It reaffirms ICC’s commitment to the region and will increase the appeal of the Court’s

services, which are already held in very high regard.”

North American parties made up 8.4 percent of the 759 cases filed with the Court in 2012. The new office in the heart of New York City will con-solidate the Court’s market position in North America, and will allow parties, counsel and arbitra-tors in the region di-rect and convenient

access to the services of the ICC Court.

On September 20, John Beechey and Andrea Carle-varis, respectively the Court’s president and secretary general, joined dignitaries from the legal and business communities at a celebratory reception at the Yale Club in midtown Manhattan.

“We are delighted to continue our ongoing close partner-ship with Josefa and her talented colleagues, even as they move a few floors away from us,” said USCIB Presi-dent and CEO Peter Robinson.”They do an amazing job promoting awareness of ICC dispute resolution and use of the ICC Court. This move to establish a formal office of the Court here in New York is a testament to Josefa’s dedication and vision.”

Sicard-Mirabal thanked Robinson and the rest of the US-CIB staff for facilitating the establishment of the new of-fice. “We really could not have done this without strong support and guidance from USCIB,” she said.

For more information about ICC dispute resolution activi-ties in North America, visit www.iccnorthamerica.org.

New Israel-Palestine Center to Mediate Commercial DisputesIn November, Israeli and Palestinian business leaders joined the leader-ship of the International Chamber of Commerce in Jerusalem to inaugurate the first dedicated Israeli-Palestinian center for the resolution of commercial disputes between businesses in the Palestinian territo-ries and Israel.

John Beechey, president of the ICC International Court of Arbitra-tion,® joined Andrea Carlevaris, the Court’s secretary general and ICC Secretary General Jean-Guy Carrier in Jerusalem to witness the historic launch of the Jerusalem Arbi-tration Center (JAC) and the signing of a memorandum of engagement.

“We are hopeful the $4 billion in annual trade between Palestinians and Israelis will expand significantly now that there is a mechanism in place to bring swift and fair resolu-tion to commercial disputes and create greater certainty for the business community,” said Terry McGraw, chairman of McGraw Hill Financial and chairman of both ICC and USCIB. “By strengthening com-mercial relations and improving economic cooperation between the Palestinian and Israeli people there are new opportunities to attract in-vestments and enhance long-term economic growth in the region.”

Josefa Sicard-Mirabal (left), who heads the team in charge of marketing ICC dispute resolution services in North America, in the new office in midtown Manhattan, with (L-R) Suzanne Ulicny, Rachel Clarke and Alexandra Akerly

USCIB International Business Winter 2013-2014 www.uscib.org 13

In December, Indonesia announced the implementation of the ATA Carnet system as part of a move towards closer engagement with the global economy. ATA Carnets are international customs documents that allow

goods to enter signatory countries and their territories tax- and duty-free for up to one year. The country will begin accepting Carnets in early 2014.

Adding Indonesia has been a priority of the World ATA Carnet Council, which is chaired by USCIB Senior Vice President Cindy Duncan. Seventy-three countries already actively

participate in this worldwide system, which facilitates temporary exports for a wide variety of goods free of duties and taxes.

U.S. trade with Indonesia will directly benefit from this implementation as U.S. businesses are currently major exporters of aircraft, rail equipment and energy-related equipment to Indonesia. Two-way trade between the United States and Indonesia has been on the upswing, reaching $26 billion in 2012 and U.S. exports to Indonesia were up an additional 8.1 percent in the same year. This positive trade growth is expected to be further spurred by Indonesia’s decision to join the ATA Carnet system.

To get the process in motion, the International Chamber of Commerce’s Asia office held workshops and a series of meetings in Jakarta this past July to work on the technicalities of putting the system into place. Approximately 175,000 Carnets worth over $25 billion are issued annually. Indonesia will be a welcome addition to this growing Carnet figure and to continued international cooperation among trading partners.

Indonesia’s move comes as Bahrain, in August, took a solid step closer to implementing the ATA Carnet System, when the Bahrain Chamber of Commerce hosted an ATA Carnet workshop in Manama, organized by the ATA Carnet Guarantee Association of the United Arab Emirates and the Dubai Chamber of Commerce and Industry.

Even though a U.S.-Bahrain free trade agreement eliminates most customs duties between the two countries, it does not prevent the imposition of import taxes on U.S. goods entering Bahrain. Full implementation of the ATA Carnet system will allow for both duty- and tax-free import and export for goods traveling on a temporary basis for sales meetings, demonstrations and/or trade shows. Once orders are secured with the help of the ATA Carnet, these same exporters can then take advantage of the FTA incentives.

The ATA Carnet system is jointly administered by the World Customs Organization and the ICC World Chambers Federation, which administers the ATA Carnet international guarantee chain. USCIB guarantees Carnets in the U.S. and issues them through a network of trusted service providers.

Indonesia Moves Toward Accepting “Merchandise Passports”

Business Works to Strengthen Engagement in UN Climate Processcontinued from page 7

For our part, the COP presidencies could assist in facilitating such interactions, perhaps through a regional workshop based on development of a shared agenda and participation.”

USCIB President and CEO Peter Robinson, speaking on behalf of BizMEF, welcomed the Peruvian ambassador’s remarks and accepted the offer. “The work of the Business Major Economies Forum has been a valuable step to enhance mutual understanding of business and governments concerning the interna-tional climate process, as demonstrated here in Warsaw,” he added.

USCIB Bookstore Now Featuring eBooksUSCIB is now offering many of its most popular titles in eBook format! eBooks are the user-friendly and convenient way for our customers to access USCIB’s In-ternational Bookstore publications. With eBooks customers have almost instant access to many of USCIB’s titles, saving on the cost and aggravation of shipping. They are also a great way for both pro-fessionals and students to carry many publications on their computers or tab-lets simultaneously.

USCIB has also reduced rates on some of our most popular hardcover titles:

• Incoterms® 2010 – from $65.00 to $55.00

• UCP 600 – from $35.00 to $25.00

• International Standard Banking Practice (ISBP 2013) – from $31.50 to $30.00

• Uniform Rules for Bank Payment Obliga-tions (URBPO) – from $31.50 to $30.00

For a full list of eBook titles or to place your order, please visit www.International-TradeBooks.org or contact the bookstore at (212) 703-5066.

Participants at an ATA Carnet workshop in Jakarta in July

14 USCIB International Business Winter 2013-2014 www.uscib.org

USCIB member

and staff news

Dan Duncan, Senior Director of Government Affairs with McGraw Hill Financial, has agreed to serve as Chair of USCIB’s Intellectual Property Committee. Dan is responsible for advising the company’s Standard & Poor’s unit on public policy initiatives and analyzing how changes in laws and regulations affect the company’s business. In ad-dition, he chairs McGraw Hill Financial’s anti-piracy committee, and he has been an active member of the IP Committee. Congratulations, Dan, and thank you for your leadership!

We welcome Kristin Isabelli as USCIB’s Di-rector of Customs and Trade Facilitation. In addition to staffing USCIB’s Customs and Trade Facilitation Committee, chaired by Jerry Cook (HanesBrands), Kristin will serve as the Interna-tional Chamber of Commerce’s representative to the World Customs Organization’s Harmonized System Committee, and as a member of the APEC Customs Business Working Group. Kristin comes to USCIB from the House Committee on

Ways and Means, where she worked as the trade legislative assistant for Committee Chairman Dave Camp. She holds a bachelor’s degree from Allegheny College and is currently working toward a master’s degree in international commerce at George Mason University.

In November, USCIB Vice President Shaun Donnelly was one of just a few business panelists at the annual conference of the Vale Columbia Center on Sustainable International Investment, which was held in New York. The annual Columbia University conference has become a major gathering place for investment policy experts. … In October, Helen Medina, USCIB’s Senior Director for Product Policy and Innovation, was the keynote speaker at a meeting of senior product stewardship executives organized by the Conference Board, at the headquarters of PPG Industries in Pittsburgh. Helen addressed emerging global discussions that will impact product stewardship.

New USCIB MembersWe are delighted to welcome the following companies and organizations as the latest additions to USCIB’s diverse membership:

To learn more about how USCIB membership can benefit your organization, contact Alison Hoiem (202-682-1291 or ahoiem@uscib.org).

Amgen BechtelCaplin & DrysdaleInstitute of Scrap Metal Recycling Industries

K&L GatesMiller & ChevalierMishcon de ReyaPPL CorporationTD BankWal-Mart

Wired. Wireless. At AT&T, we establish meaningful connections in a lot of ways.One way is our support of the United States Council for International Business.

© 2013 AT&T Intellectual Property. All rights reserved.

Meaningful connection

USCIB International Business Winter 2013-2014 www.uscib.org 15

upcomingevents

Save the Date!2014 OECD International Tax ConferenceJune 2-3, 2014Four Seasons Hotel, Washington D.C.

The OECD, USCIB and BIAC, in cooperation with IFA-USA, ITPF, NFTC, OFII, TCPI, TEI and Tax Foundation, will host a conference on the OECD’s new international taxation initiatives on June 2-3, 2014 in Washington, D.C. Panels will address current OECD tax projects and will include speakers from business, the OECD, and U.S. government. The event provides a unique op-portunity for U.S. business representatives to interact directly with key representatives from the OECD’s Center for Tax Policy and Administration as well as senior tax officials from the U.S. and other OECD countries. For more information, contact Erin Breitenbucher ebreitenbu-cher@uscib.org). For sponsorship information, contact Abby Shapiro (ashapiro@uscib.org).

USCIB ConferenceGrowth, Jobs, & Prosperity in the Digital Age: OECD Shapes the Policy EnvironmentMarch 10, 2014 Microsoft Innovation & Policy Center, Washington, D.C.

Andrew Wyckoff, Director of the OECD Directorate for Science, Technology and Industry, will lead a unique business/government dialogue, which will include other top experts from the OECD’s Information, Computer and Communications Policy division and senior U.S. and foreign government officials. Together, they will explore policy and regulatory challenges af-fecting U.S. companies that rely on ICT for business operations, including:

• Internet Governance: Defending Stakeholder Principles• Shaping the Future of the Digital Economy: The Role of the OECD• Enhancing Trust and Boosting Innovation in the Digital Ecosystem• Global Trade & Local Rules: New Opportunities and Challenges for Digital Trade • Developments in Colombia’s ICT Sector, Policies, and Regulations

Speakers are expected to include Diego Molano Vega, Colombia’s Minister of Informa-tion Technologies and Communications, and Daniel Sepulveda, Deputy Assistant Secretary of State and U.S. Coordinator for International Communications and Information Policy. Contact Erin Breitenbucher (ebreitenbucher@uscib.org) for more information.

The Impact of Future Technologies on EmploymentThe United States Council Foundation, USCIB’s educational arm, is supporting a series of roundtable discussions to that seek to answer questions concerning human capital re-quirements in the 21st century, and the impact technology is having on education and labor markets.

The second roundtable, held last February, was part of a larger grant to the Center for Curriculum Redesign, founded by Charles Fadel (the chair of BIAC’s education committee) from the William and Flora Hewlett Foundation. The grant funded a research assistant to work with David Autor, a labor economist at the Massachusetts Institute of Technol-ogy, to update a 2003 study co-authored by Autor on “The Changing Task Composition of the U.S. Labor Market,” and to report those findings as part of the second roundtable discussion.

The summary of Autor’s findings and discussion at the second roundtable, exploring the question of “Man and Ma-chine: the Impact of Technology on Employment,” is now available at www.uscouncilfoundation.org. Others who have supported this project along with the United States Council Foundation include AT&T, Dow Chemical Company, Deloitte and the McGraw Hill Research Foundation. A third roundta-ble is scheduled to take place February 26 in New York City, hosted by McGraw Hill Financial. Contact Abby Shapiro (ashapiro@uscib.org) for more information.

View our Making Carnets Easy videos.

CIB Carnet HelpLine: 800.ATA.2900 www.BoomerangCarnets.com

We proudly support the United States Council for International Business.

Making Carnets Easy for 25 Years.

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january 2014

10 Washington, DC USCIB Information, Communications & Technology Committee14 Washington, DC USCIB Customs & Trade Facilitation Committee14 - 15 Paris ICC Commission on Digital Economy23 - 24 Paris ICC Commission on Marketing & Advertising29 Mountain View, CA USCIB Taxation Committee30 - 31 East Palo Alto, CA Fourth Annual Pacific Rim Tax Institute

february 2014

13 Paris ICC conference: “The Allocation of Costs in International Arbitration”24 – 25 Paris ICC Commission on Environment and Energy

march 2014

10 Washington, DC Conference: Growth, Jobs, & Prosperity in the Digital Age - OECD Shapes the Policy Environment

27 Paris ICC Commission on Taxation

april 2014

27 – 30 Dubai ICC Banking Commission

june 2014

2 – 3 Washington, DC 2014 OECD International Tax Conference

september 2014

23 New York UN Climate Summit

november 2014

3 – 7 Istanbul ICC Banking Commission

International Business is published quarterly by the United States Council for International Business. It is intended for infor-mational use only and should not be construed as an authoritative statement of USCIB views or policy.

We welcome your comments and submissions E-mail them to news@uscib.org or submit by mail to: Editor, International Business, United States Council for International Business, 1212 Avenue of the Americas, New York, NY 10036.

Visit www.uscib.org or see our monthly e-newsletter, “What’s New at USCIB,” for the latest news and information from USCIB and our global business network. USCIB members may also visit our password-protected Members Only section to review materials from USCIB committees and other exclusive information.

How to subscribe: USCIB members may request this publication free of charge by con-tacting USCIB Member Services (212-703-5095, membership@uscib.org). Non-members may subscribe to this and other USCIB print publications for a nominal fee by contacting USCIB Commu-nications (212-703-5063, news@uscib.org).

Editor: Jonathan Huneke, VP communica-tions & public affairs, USCIB United States Council for International Business 1212 Avenue of the Americas New York, NY 10036 Tel: 212-354-4480 Fax: 212-575-0327 Web: www.uscib.org

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