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So good evening.
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Thank you for having us.
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The first question for you tonight is
what are the objectives
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of the foreign trade chamber
at a global level?
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The objectives of the International
Chamber of Commerce are very explicit.
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What we want to do is enable global trade.
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We want to advance the rule of law and
respect for integrity, anti-corruption.
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We want to ensure
that we have a sustainable planet.
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We want to make certain that the digital
economy is available and functioning.
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That works for all.
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And we have a very strong view
that a way to do that,
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a platform to do
that is through effective multilateralism.
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So the combination of those five pillars
is to create
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the momentum behind our purpose,
which is to enable business
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worldwide to secure peace, prosperity
and opportunity for.
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And our mission is to make business work
for everyone every day, everywhere.
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I think it's pretty clear to me
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that the economic policies of advanced
economies will always have an impact.
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And in fact, on the way
in which global trade operates,
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what we want is for advanced economies
to show leadership here
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by continuing to support
an effective multilateral trading system
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which has real rules based
that actually enables fair
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and open access for all nations,
but also provides good, clear
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rules of the road to enable
trade to operate, not just trade in goods,
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but trade and services, and now enable
movement of data across borders as well.
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And importantly,
if you make an agreement under the WTO,
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which is the curator
for the multilateral trading system.
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You need to be able to enforce it.
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So you need to actually have some form
of accountability process.
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So the advanced economies
need to reinforce their interests.
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At the moment,
a lot of the advanced economies
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have instead
been looking at protectionist policies
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which have been interfering with this food
declaration and global trade.
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We want them to change.
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Thank you.
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Let's go now to number three.
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What will be the results of
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international trade in 2024?
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Is it going to grow up?
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Well, our fervent hope
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is that trade you actually start to push
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for that forward upward trajectory.
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What we've seen over the last 12
months is the improvement in global trade.
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That's partly because of the war
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in Ukraine, which has
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caused inflation
and is to stop trade in goods numbers.
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But what's been consistent
being the increase in trade and services,
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I think we all know that trade has been
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an important victor
globally for economic growth.
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We're worried we'll look at the trade
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forecast, the economic forecasts, the IMF,
which sees
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economic growth moving around 3%.
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That's not strong enough to continue
to support economic opportunity for all.
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What we saw previously was that a critical
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driver of economic growth
was an improvement in trade figures.
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We want to trade to come back
and to become one most important factors
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to push economic growth.
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So that's really important.
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It's very important
for emerging economies.
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So trade needs to actually find
a pathway forward,
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which is supported
by a removal of barriers
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to trade, an improvement
in the opportunities for countries
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to trade across
and companies to trade across borders.
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Thank you very much.
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So let's go to the last one.
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Mr. Denton,
You're one of the leaders of the G20.
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What are the objectives of 2020
for the year
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in which the G20 is taking place
in Brazil?
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Well, it's an amazing year to have the G20
live from Latin America again.
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I was here when Argentina left the G20.
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Now we have Brazil leading the G20.
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And I think the interesting thing
is the leadership of Brazil's G20
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is that there's a level of ambition
which we haven't seen for some time
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with the G20.
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So we're very supportive of that.
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And in fact, I was in Brazil
and Rio would be at the launch of the G20
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and then I was in Brasilia to discuss
the G20 with the government officials.
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And what I said to them
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is that the three key objectives
they have, which is to eradicate
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global hunger effectively
by having an alliance against famine,
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move faster on climate oriented policies,
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by the action plan, on having a 1.5 target
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and actually working to ensure
effective multilateralism.
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These are all objectives for sure,
but what we really want
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really is an opportunity here for Brazil
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is to not have a rhetorical echo,
but to have specific deliverables
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that will make a difference
to people on a global basis.
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What are we going to do to remove
global hunger?
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Well, we can make certain
that there's access to food.
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So why don't we get the Russians to agree
to continue
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to maintain the Black Sea agreement
that allows grain
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and sunflower to flow out of Ukraine
so that we can ensure
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there's plenty of food available
for developing the emerging economies?
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On sustainability, what are we going to do
on sustainable, which is practical?
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Can we actually move forward
on real outcomes?
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We're seeing the business community moving
very fast,
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much faster than governments
need governments to catch up.
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I don't think multilateralism,
but we also have to look at the way
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the multilateral world operates.
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Look at things like the way in which macro
prudential guidance and rulings
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occupy space, which governs
the way businesses get access to products.
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Don't
we need to make certain during this year
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that they're relevant to the 21st century
that we don't?
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We need to remove some of the rules
that are anachronistic.
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These are the sorts of things
that we're arguing should be considered.
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They fit very much with the objectives
of the Brazilian B20 and G20.
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But they're actually real concrete
outcomes.
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We just don't want a communique which is
agreed to the lowest common denominator.
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We want to call for action
to actually shift
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the trajectory of the world
back to economic growth and opportunity.
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Thank you very much.
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The first one, Yeah, the first question.
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Yes, because of my cell phone.
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Yes, I see.
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Okay.
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So we're going to repeat number one.
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I'm doing positive.
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Thank you.
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Yeah. Okay, let's go.
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Let me know.
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So I'm.
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So we're repeating question
number one again.
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What are the objectives of the
foreign trade chamber at a global level?
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The objectives of the International
Chamber of Commerce Group here.
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First of all, we have a purpose,
which is to enable business
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worldwide to secure peace, prosperity
and opportunity for.
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We have a mission
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which is to make business work
for everyone every day, everywhere.
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And the way we do
that is through five strategic approaches.
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The first is to actions
to enable global trade,
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which is really part of the ICC DNA,
because we genuinely believe
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that trade across borders
enabling that improves
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the prospect for peace of opportunity
for the second area,
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which is really important, is respect
for the rule of law and integrity.
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That's really about make certain
that judicial systems operate effectively
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at a free and open, but also importantly,
that we fight hard against corruption.
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The third area is that we want to do
business in a planet
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is actually sustainable.
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So we have a lot of hope that we focus on
enabling a sustainable future.
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The next area is the most important at the
moment in terms of economic opportunity,
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which is making certain that that's
really key vector for the global economy,
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which is the digital economy is enabled
to operate to support businesses
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and those businesses that can
then support the communities and families.
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And the final one
is really our experiences so that you want
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trade across borders and you want to solve
the world's global problems.
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You've got to have effective multilateral
systems and approaches in place.
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And so we spend a lot of time
thinking through how you can create
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an effective
multilateral system for the 21st century.
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Thank you.
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So now out all of these a.
13524
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