The Chamber's Asia Department gives voice to policies that help American companies compete and prosper in Asia's dynamic marketplace. Our expertise allows companies to actively shape policy debates in Asian countries and in Washington. The Chamber helps companies gain greater access to senior government officials and corporate representatives in a way few organizations can.
- Dec 30, 2020Reducing Market Fragmentation through Enhanced International Regulatory Coherence In the aftermath of the financial crisis of 2008, regulatory reforms to strengthen the financial system were critical in enhancing market transparency and restoring confidence in global financial institutions. While the regulatory reforms have been generally supportive of international regulatory coherence, unwarranted market fragmentation remains, which has led to inefficient markets and higher transaction costs. This paper provides an overview of reports presenting thoughtful insights and recommendations for reducing fragmentation.
- Dec 15, 2020Does Vietnam Deserve Tariffs for an “Undervalued Currency”? Treasury’s 3-Part Test Says No
The Office of the U.S. Trade Representative set in motion a process that could result in the imposition of U.S. tariffs on billions of dollars of imports from Vietnam.
- Dec 11, 2020U.S. Chamber and AmCham Indonesia Convene Public and Private Sector Leaders for 8th Annual U.S.-Indonesia Investment Summit
WASHINGTON, D.C. and JAKARTA, INDONESIA – The U.S. and Indonesia are “partners in recovery” from the COVID-19 pandemic, according to government officials and private sector leaders at the 8th annual U.S.-Indonesia Investment Summit. This year’s summit was held virtually, with sessions spread across three days on December 8th, 10th, and 11th.
- Nov 25, 2020Enhancing Data Connectivity in the Financial Services Sector
The financial services firms of the U.S.-Japan Business Council view data connectivity as a means to connect to their customers, manage risks, and ultimately provide critical services to individuals, businesses, and governments around the world. We strongly believe that data connectivity translates directly to economic growth, supports financial stability, and facilitates financial regulators’ access to financial-risk related data that is needed to ensure macroeconomic stability and soundness. Despite strong evidence to support these assertions, financial services firms often find themselves confronted with regulatory efforts that impede data connectivity, risking financial stability and market integrity.
- Nov 18, 2020Bridging Japan’s Pension Savings and Returns Gap: A Focus on Younger Generations
Japanese retirees have long relied on the public pension system to fund their post-retirement living. In this super-aging society, however, sole reliance on the public pension system is not sustainable; a joint solution leveraging both the public and private pension systems will be essential to secure retirees’ financial wellbeing.
- Nov 17, 202032nd USKBC-KUSBC Joint Plenary
Members of the U.S.-Korea Business Council and the Korea-U.S. Business Council (the “Councils”) held the 32nd Annual Joint Plenary Meeting on November 16-17 EST (November 17-18 KST) in a hybrid—in-person and virtual—format due to public health and safety concerns amid the COVID-19 pandemic. Centered around the theme, “Fostering U.S.-Korea Commercial Relations and Promoting Economic Growth and Innovation,” the Councils assembled senior business leaders from the United States and Korea to discuss creative ways to enhance U.S.-Korea commercial collaboration and business resiliency and to promote sustainable economic growth.
- Nov 16, 2020U.S. Chamber Statement on the Regional Comprehensive Partnership Agreement (RCEP)
WASHINGTON, D.C.— U.S. Chamber Executive Vice President and Head of International Affairs Myron Brilliant issued the following statement today regarding the recently signed Regional Comprehensive Partnership Agreement (RCEP):
- Oct 28, 2020U.S.-Japan Business Council Appoints S&P Global CEO Douglas L. Peterson as New Chairman
WASHINGTON, D.C.—The U.S. Chamber’s U.S.-Japan Business Council (USJBC) announced today that Doug Peterson, president and chief executive officer of S&P Global, has been elected chairman of the USJBC for a two-year term, effective October 27, 2020. Peterson, who has been president and chief executive officer of S&P Global since 2013, takes over the USJBC chairmanship from Chuck Robbins, chairman and chief executive officer of Cisco.
- Oct 27, 2020Joint Statement 57th U.S.-Japan Business Conference
Redefining U.S.-Japan Business Priorities Amidst a Global Pandemic