The B20, the oldest and most prominent outreach group of the G20, delivers the opinions of business leaders about global economic problems to G20 leaders. The B20 has been instrumental in providing links between global policymakers—including governments and relevant international institutions—and business communities throughout the world. The B20’s objectives are to convene business leaders to drive action, spur collaboration, speak with a common voice, positively influence policy-makers on a global scale, and support a continuum of agendas from one G20/B20 presidency to the next. The B20 Turkey focuses on enhancing global growth and job creation through six taskforces.
The participation and representation of emerging and non-G20 countries in previous B20 processes were inadequate due to budgetary constraints. In order to hear their voice and receive their ideas, B20 Turkey has made reaching out to the business community from emerging and non-G20 economies a primary focus by holding regional consultation forums in Africa, Latin America, the Middle East and North Africa, South Asia, East Asia, and Eurasia.
|Number of the regional meetings||9|
|Number of the continents where the regional meetings held||4|
|Total number of participants||900|
Regional Consultation Meetings Held All over the World
Besides the joint-taskforce meetings held in Washington D.C. and Paris, there have been 9 regional consultations held in 4 continents and 8 different countries, including the World Chamber Congress and the International Chamber of Commerce Leaders Meeting. The final one will be held in China at the end of July. In total, 900 people from various public and private organizations have taken place and contributed to the regional meetings.
What happened in the regional consultation meetings?
The regional consultancy meetings have been organized around other key regional events and in collaboration with a national host. During the meetings, the B20’s recommendations have been shared with participants. The meetings also aim to collect ideas and comments on possible new topics to be taken up by B20 taskforces. The main objectives of the regional consultations can be summarized as explaining B20/G20 processes, increasing awareness among business leaders in different regions, creating publicity about the B20/G20 in each region, increasing participation of under-represented G20 countries, and incorporating the views of non-G20 business leaders into the process.
The B20 Turkey is comprised of 680 members from a vast array of countries mostly senior executives from various business communities, business associations, and professional service firms, who works under six taskforces.
Geographic Distribution of B20 Taskforce Members
In each meeting, polls concerning the focus areas of each taskforce as well as two dialogue platforms – digital economy and energy & environment – were taken in order to prioritize subjects. After participants voted, these subjects are identified as the most important issues to address.
|Taskforces||Most Voted Issue|
|SMEs & Entrepreneurship||Enable SMEs to better participate in global value chains by improving their ability to conduct business internationally|
|Anti-Corruption||Emphasize the use of technology through the elimination of middlemen, improving transparency|
|Employment||Build flexible and inclusive labor markets for women and youth|
|Trade||Ratify and implement the WTO Trade Facilitation Agreement|
|Financing Growth||Improve alternative SME funding tools|
|Infrastructure & Investment||Adopt national infrastructure strategies|
|Digital Economy||Overcome policy barriers over e-commerce by ensuring customs, logistics and tax harmonization|
|Energy & Environment||Eliminate tariff and non-tariff barriers to trade in environmental goods and services|
The Hosting Partners and Some of the Key Speakers Who Attended the Meetings:
|Regional Meeting||Hosting Partners||Some of the Key Speakers|
|Jeddah||Jeddah Chamber of Commerce, Saudi Council of Chambers||
|Delhi||Confederation of Indian Industries (CII)||
|Singapore||Singapore Business Federation (SBF)||
|Baku||The National Confederation of Entrepreneurs (Employers) Organizations of the Republic of Azerbaijan, Turkic Council , Black Sea Economic Cooperation (BSEC)||
|Sao Paulo||Brazilian National Confederation of Industry (CNI), International Chamber of Commerce (ICC) Brazil||
|St. Petersburg||Russian Union of Industrialists and Entrepreneurs (RSPP), St. Petersburg International Economic Forum (SPIEF)||
|ICC Leaders Meeting (Singapore)||International Chamber of Commerce (ICC)||
|Thematic Consultation on Islamic Finance at the IsDB Annual Meetings (Maputo, Mozambique)||The Islamic Development Bank Group, The World Bank||
|World Chamber Congress (Torino, Italy)||International Chamber of Commerce (ICC)||