ICC publishes policy recommendations to G20 leaders ahead of Summit

  • 23 August 2016

The International Chamber of Commerce (ICC) on 29 August 2016 published the ‘ICC policy recommendations to G20 leaders - a supplement to B20 China Policy recommendations’ to complement the 20 principle B20 China 2016 policy recommendations developed over the last year.

The recommendations address a number of key business priorities to supplement the B20’s focus on SME Development, Trade and Investment, Infrastructure, Financing, Employment and Anti-corruption.

This year, ICC contributed significantly to the development of – and fully endorses – the 20 principle B20 China 2016 policy recommendations. ICC G20 CEO Advisory Group Director, Jeffrey Hardy urged G20 leaders to unite to exercise stronger leadership in tackling the world’s economic policy challenges. The ICC views that in addition to the B20 China recommendations, there are a number of issues important to the business community, which warrant consideration by G20 leaders. If acted upon, these additional business priorities will help drive progress on some of the most intractable economic and social challenges confronting the global economy.

The paper, ICC policy recommendations to G20 leaders – a supplement to B20 China Policy recommendations, has been shared with G20 Sherpas, senior government officials responsible with laying the groundwork for the Leaders’ Summits on 4-5 September 2016; and covers seven policy areas: Taxation, Trade finance, Energy, Climate change, Anti-corruption, Investment and Trade.

ICC has been deeply engaged in the work of the G20, and formed the ICC G20 CEO Advisory Group to intensify top-level international business engagement and to press for the inclusion of business priorities in the deliberations of G20 Leaders.

The group has published a number of policy documents in parallel to its work with the B20, including Six steps to energy sustainability and security: Business recommendations for G20 Energy Ministers and the annual G20 Business Scorecard to help the G20 gauge progress and identify areas that merit greater attention.