United States Council for International Business
Encyclopedia
United States Council for International Business (USCIB) is an independent business advocacy group originally founded in 1945 to promote free trade and help represent U.S. business in the, then new, United Nations
. One of its primary goals is expanding market access for U.S. products and services abroad. The organization is strongly in favor of open markets and sensible regulation.
(ICC), the Business and Industry Advisory Committee to the Organisation for Economic Co-operation and Development
and the International Organisation of Employers. It functions as the U.S. representative to the ICC’s multifaceted dispute resolution services, including the ICC International Court of Arbitration which is charged with settlement of international business disputes and the legal and procedural aspects of arbitration.
administration.
United Nations
The United Nations is an international organization whose stated aims are facilitating cooperation in international law, international security, economic development, social progress, human rights, and achievement of world peace...
. One of its primary goals is expanding market access for U.S. products and services abroad. The organization is strongly in favor of open markets and sensible regulation.
Membership
The USCIB has an active membership roster of over 300 multinational companies, law firms and business associations. Membership is on a company basis, and member firms may assign as many individual executives as they like to various policy-focused committees. Committees cover a variety of issues including trade and investment policy, environment and energy, information technology and Internet policy, taxation, and labor and employment.International affiliations
The USCIB is the U.S. affiliate of the International Chamber of CommerceInternational Chamber of Commerce
The International Chamber of Commerce is the largest, most representative business organization in the world. Its hundreds of thousands of member companies in over 130 countries have interests spanning every sector of private enterprise....
(ICC), the Business and Industry Advisory Committee to the Organisation for Economic Co-operation and Development
Organisation for Economic Co-operation and Development
The Organisation for Economic Co-operation and Development is an international economic organisation of 34 countries founded in 1961 to stimulate economic progress and world trade...
and the International Organisation of Employers. It functions as the U.S. representative to the ICC’s multifaceted dispute resolution services, including the ICC International Court of Arbitration which is charged with settlement of international business disputes and the legal and procedural aspects of arbitration.
Functions
The USCIB's three function areas are policy advocacy, dispute resolution and ATA CarnetATA Carnet
The ATA Carnet is an international customs document that allows the holder to temporarily import goods without payment of normally applicable duties and taxes, including value-added taxes. The Carnet eliminates the need to purchase temporary import bonds. So long as the goods are re-exported...
administration.
- The organization promotes business interests both to U.S. policy makers and to international groups like the United NationsUnited NationsThe United Nations is an international organization whose stated aims are facilitating cooperation in international law, international security, economic development, social progress, human rights, and achievement of world peace...
. Current, stated policy priorities include advancing sustainable development, expanding international trade and investment, ensuring strong intellectual propertyIntellectual propertyIntellectual property is a term referring to a number of distinct types of creations of the mind for which a set of exclusive rights are recognized—and the corresponding fields of law...
rights and supporting information & communication technology (ICT) enabled growth.
- Dispute resolution is accomplished through the USCIB's affiliation with the ICC and its dispute resolution service which includes the ICC International Court of Arbitration. The USCIB provides assistance in the nomination of arbitrators, makes referrals to parties seeking attorneys, organizes seminars and corporate roundtables, and answers questions from U.S. businesses regarding the arbitration process and other ICC dispute resolution services.
- Since 1968, when U.S. Customs assigned them the task, the USCIB has been handling the administration of international customs documents known as ATA CarnetATA CarnetThe ATA Carnet is an international customs document that allows the holder to temporarily import goods without payment of normally applicable duties and taxes, including value-added taxes. The Carnet eliminates the need to purchase temporary import bonds. So long as the goods are re-exported...
s. In this capacity the organization issues and guarantees Carnets, which allow temporary, duty-free imports overseas for goods generally qualified for use in trade shows or as commercial samples and professional equipment.