PRESS RELEASE: B20 Coalition formulated first recommendations last week in Moscow

Paris, December 18, 2012 – On December 12-13, the B20 Coalition members brought representative business delegations from major economies to Moscow for the launch of G20 consultations with business under Russian Presidency.  Under the leadership of the Russian Union of Industrialists and Entrepreneurs (RSPP) and its President Alexander Shokhin, the B20 Coalition and its members, in cooperation with key partners and top Russian executives, convened private sector task forces to advise G20 leaders in regards to job creation, economic growth, harmonized financial stabilization, investment and infrastructure, energy sustainability, innovation, anti-corruption, and international trade.

“The meeting was a very successful first step in the preparation of the St-Petersburg G20/B20 summit to be held in September 2013. RSPP is well positioned to act as a conduit between the international business community and G20 policy-makers.” said Alexander Shokhin. “It is important to establish a clear and open dialogue between B20 businesses and G20 governments early on if we want to work together on a variety of pressing issues, and tackle the current global economic and social challenges.”

The active involvement of Russia’s foremost companies and its B20 Coalition partners form the basis of a credible continuous dialogue between the business community, the G20 leaders and other stakeholders. Summaries of the discussions and work plans of business task forces will be posted on the B20 Coalition website.

The Russian Presidency of the B20 started on December 1, 2012.

The first B20 meeting took place in Moscow on December 12.

The B20 working groups will cover the following topics:

  • Trade
  • Investments and Infrastructure
  • Restoring Confidence in Financial System
  • Global Priorities for Innovation and Development
  • Job Creation and Investments in Human Capital
  • Transparency and Anticorruption
  • G20-B20 Dialogue Efficiency Review

You can visit the Russian B20 website for more details. 

PRESS RELEASE: B20 Coalition stands by G20 in tackling global economic challenges

Paris, November 27, 2012 – The largest national business organizations from the G20 countries recently launched the B20 Coalition in order to ensure the voice of business is heard. The Coalition calls on G20 to live up to its promise to tackle the crisis and is committed to support these efforts.

We share the G20 ambition of ensuring a balance between growth and stability. Private sector growth and global prosperity require a coordination of national economic policies to support growth, stable capital and commodity markets, compatible financial regulation, an effective International Monetary System, open trade, freedom and protection of investments. In today’s global economic environment, we need to restore business confidence and macroeconomic stability that enable growth and job creation in the private sector.” said Alexander Shokhin, President of the Russian Union of Industrialists and Entrepreneurs (RSPP) representing the B20 Coalition in Russia.

The objective of the B20 Coalition is to advocate for policies, at national, regional and international levels, that contribute to global growth and job creation. The B20 can use its vast membership base – representing more than 6.5 million businesses – to act as a global sounding board and an initiator of new ideas and proposals for G20 economic policy coordination.

Headquartered in Paris, the B20 Coalition will meet in Moscow, Russia, on December 12, 2012, under the chairmanship of RSPP, to prepare the St-Petersburg G20 Summit to be held on September 5-6, 2013.

About the B20 Coalition

The B20 Coalition represents the interests of companies of all sizes and sectors in the G20 process and ensures through this legitimacy the follow up of business recommendations in between G20 annual summits.

Follow the B20 Coalition’s initiatives on Twitter @B20Coalition.

About the B20 Coalition members

AIG, Australia – BDI, Germany – BUSA, South Africa – BUSINESSEUROPE, Europe – Canadian Chamber of Commerce, Canada – CEOE, Spain – CII, India – CNI, Brazil – Confindustria, Italy – FKI, South Korea – MEDEF, France – RSPP, Russia – TÜSİAD, Turkey – UIA, Argentina – U.S. Chamber of Commerce, United States