Joint declaration – B7 Business leaders meeting, Rome, March 31, 2017
We, the Leaders of the Business Organizations of the G7 gathered in Rome on 30-31 March 2017, by this Declaration convey our conclusions to the G7 Presidency in view of the Summit of Taormina on 26-27 May 2017. Building on the B7-Japan hosted by Keidanren in Tokyo on 20-21 April 2016, we agreed to focus our recommendations on two priority challenges.
April 04, 2017
B7 Business Summit: new rules for global trade and more innovation
On March 30-31 the leaders of the G7 countries’ business organizations gathered in Rome for the Business Summit (B7). They signed a Joint Declaration addressed to the G7 Presidency, to be presented to Leaders at the Taormina Summit of May 26-27, 2017.
The Declaration includes two key recommendations: for a new global trade governance that reduces the threat of protectionism and for greater investment in innovation so as to drive the transition to an economy that should be more circular, digital and efficient.
The recommendations reflect the two key macro themes on which this year’s B7 document focuses: trade governance (which involves issues such as market access, non-tariff barriers, market distortions, free competition and WTO reform) and innovation and sustainability (which includes industry 4.0, research and development policies, energy efficiency and the circular economy).
Under Italian guidance, the B7 drafted and approved their Joint Declaration over the two-day meeting, highlighting the challenge “to reconcile economic growth and environmental sustainability while preserving employment and developing new skills,” especially in the digital field, where it is increasingly necessary “to understand the priorities for a digital standardization, to address the issue of legislative barriers and to share formats for the activation of competence centers and digital hubs”.
Source: G7 Italy
January 31, 2017
B7 Business Summit to be held in Rome on March 30-31, 2017
The members of the G7 include, Canada, France, Germany, Japan, Italy, United Kingdom, United States and the European Union.
The B7 is the business side of the G7 process, representing the business world of the G7 countries.
The B7 is chaired annually by the country leading the G7 and for 2017 Italy presides over G7, while the Confederation of Italian Industries – Confindustria is in charge for the B7.
The objective of the B7 is contributing to the G7 agenda, providing the point of view of business on major economic issues, addressing recommendations and proposals.
To such purpose, the B7 organizes various initiatives and events gathering together all the relevant parts of civil society, business, opinion leaders providing a ground for a high-level debate on international issues to be turned into actions.
Like the G7, the B7 is a permanent process with working activities and events during the throughout the whole year.
To visit the B7 Italy website – click here
Read the statements from the last two B7 Summits:
2016 B7 JAPAN SUMMIT, TOKYO
2015 B7 GERMANY SUMMIT, SCHLOSS ELMAU