June 20, 2022
WASHINGTON, D.C. - Leading into the G7 Summit, U.S. Chamber of Commerce President and CEO Suzanne Clark joined business organization leaders from the Group of 7 countries for the B7 Summit in Berlin.
The B7 Summit, and the need for multilateral approaches to global challenges, has never been more crucial as the world faces lingering effects of the COVID pandemic, historic inflation, supply chain disruptions, worker shortages, rising energy costs, and a war in Ukraine that is only exacerbating these issues.
“Businesses are operating in a global environment defined by uncertainty and instability,” said Clark. “We are truly in this together, and it is close partnerships and leadership by the private sector that will help us emerge stronger on the other end.”
The U.S. Chamber and its B7 counterparts made several recommendations in the critical areas of trade, energy and climate, digital, health, and infrastructure. Chief among these is advancing pro-growth trade policies – including reforming the World Trade Organization to find ways to circumnavigate the roadblocks thrown up by a few members.
“The international business community urges the G7 leaders to take swift action to address these pressing issues, and we look forward to collaborating with governments to implement the B7 recommendations. For all the challenges before us, I am optimistic about the ability of the private sector to build a better, more prosperous future for the world,” said Clark.