On November 14-15th 2015 in Turkish Antalya a summit of the B20 group – an advisory body to the G20 group – was held> Employers of Poland were represented by Vicepresident Janusz Pietkiewicz.
The meeting was devoted to summarizing the group’s activities in 2015 and communicating recommendations to G20 representatives. The expectations of business towards the b20 were also discussed.
Among the B20 priorities conveyed during the meeting were calls to:
ratify and implement the World Trade Organization’s Trade Facilitation Agreement (TFA)—which new research suggests could boost global trade flows by an unprecedented US$3 trillion;
roll back protectionist trade policies, especially non-tariff barriers starting with localization barriers to trade;
take concrete action to increase youth and women participation in the labour force—including by developing national skills strategies, ramping up counseling programmes, on-the-job training, apprenticeships, and placement-service programmes;
establish country-specific infrastructure strategies to boost investment in much-needed infrastructure projects worldwide;
improve SME access to finance to unlock the potential of the world’s small businesses to contribute to global growth and employment. There is, for example, and estimated US$1.4 trillion shortfall of trade finance for SMEs according to the Asian Development Bank;
strengthen institutional mechanisms for financial regulatory cooperation between regulators and all key public and private-sector stakeholders.
Muhtar Kent, Chair, IBAC & Chairman & CEO of The Coca-Cola Company
Yu Ping, Vice Chairman, China Council for the Promotion of International Trade
(L-R) Jiang Zengwei, Chair, B20 China & Chairman, China Council for the Promotion of International Trade
M. Rifat Hisarcıklıoğlu, Chair, B20 Turkey & President, TOBB