January 19, 2015
19 January 2015, Paris – “Considering the uneven recovery of OECD economies and serious imbalances in world markets, private sector-led growth has to be a top priority”, said BIAC’s Chair Phil O’Reilly today on the occasion of BIAC’s annual consultation with OECD Ambassadors.
Presenting the three pillars of the private sector’s growth agenda for 2015: Investment, Innovation and Entrepreneurship, O’Reilly added that: “The agenda for growth can only succeed if there is trust. Trust in business, trust in governments, and trust in the OECD. More needs to be done by all of these parties to show that, with the right conditions in place, business can be a dynamic force for the success of our economies and the wellbeing of citizens.”
December 17, 2014
16 December 2014, Paris – “Today the world’s leading donors have made a commendable step towards using aid more efficiently and effectively while at the same time catalyzing more private investment into developing countries”, commented Thomas de Man, Chair of the BIAC Development Task Force, on the occasion of the High Level Meeting of the OECD Development Assistance Committee (DAC). “This is a crucial element of the Post-2015 development agenda”, he added.
November 17, 2014
Paris, 28 October 2014 – Participants to the Forum on Tax Administration (FTA) meeting on 23 and 24 October in Dublin agreed that ever greater cooperation is necessary to implement the results of the OECD project on Base Erosion and Profit Shifting and Automatic Exchange of Information.
October 10, 2014
Paris, 8 October 2014 – “Unless we find better ways to boost the financial means for achieving sustainable development, global efforts for a Post-2015 Development Agenda will fall short of expectations”, BIAC Secretary-General Bernhard Welschke said yesterday.
September 17, 2014
Paris, 17 September 2014 – BIAC responds to the first set of BEPS consensus reports and recommendations released by the OECD on seven areas of the BEPS Action Plan.
The OECD released yesterday its first recommendations for a co-ordinated international approach to combat tax avoidance under the OECD/G20 Base Erosion and Profit Shifting Project (BEPS).
September 10, 2014
Melbourne, 10 September 2014 – Daniel Funes de Rioja, President of the International Organisation of Employers (IOE), and Phil O’Reilly, Chair of BIAC, addressed the G20 Labour and Employment Ministers in Melbourne today as part of the B20 delegation, pointing to the potential of private sector-led growth for job creation.
At the meeting, Steve Sargent, member of the Australian B20 Leadership Group, and coordinating Chair of the B20 Human Capital Task Force, led the business presentations, emphasising key B20 recommendations including the need for structural flexibility, consistent and effective business regulation and for dismantling the barriers inhibiting entrepreneurs from starting and growing businesses and creating jobs.
August 27, 2014
Paris, 21 July 2014 – BIAC welcomes the OECD Commentary on Common Reporting Standard (CRS) that was released today as another milestone in the OECD’s considerable effort to assist jurisdictions in implementing consistently the regime for Automatic Exchange of Information (AEOI).
In September 2013, the G20 Leaders committed to automatic exchange of information as the new global standard of cooperation between tax administrations, and fully supported the OECD work aimed at presenting such a single global standard in 2014. The substantial progress made this year will help facilitate bringing into effect relatively soon the procedures for identifying customers’ tax residences and exchanging relevant financial information between tax authorities.
July 18, 2014
Sydney, 18 July 2014 – The international business community is looking at the OECD for knowledge and leadership in the run up to the Australian G20 summit in November.
“The OECD is in a unique position to advise governments on the benefits of open markets and structural reforms”, said Phil O’Reilly, Chair of BIAC, the business advisory committee at the OECD, at a meeting with OECD Secretary General Ángel Gurría and G20 business leaders in Sydney. “G20 governments must engage in tangible action to encourage investment and private sector-led growth”, said O’Reilly, referring to the G20 target of 2 percent average growth for their economies over the next five years.
June 27, 2014
Paris, 27 June 2014 – Business and OECD leaders met yesterday and today to discuss the challenges and the good value of implementing responsible business in local and global markets.
On 26 and 27 June, a strong BIAC delegation participated in the 2014 Global Forum on Responsible Business Conduct, which gathered more than 700 participants from the international community at the OECD in Paris. The event was opened by OECD Secretary-General Angel Gurria and the Dutch Minister for Foreign Trade and Development Co-operation Lilianne Ploumen.
June 24, 2014
Paris, 24 June 2014 – What differentiates women’s entrepreneurship? What challenges women in initiating new and growing their businesses? These questions were at the center of discussions during a BIAC Workshop on Women and Entrepreneurship that brought together companies, entrepreneurs, governments and the OECD today.