B20 and B7

The G20 was created to promote a coherent and harmonised response among major economies in times of crisis. Even if the economic and financial situation has improved in the meantime the idea to have a forum where major world players can discuss key strategic topics remains relevant.

Business has a critical role to play in this process as some of the issues or measures being discussed by political leaders have a significant impact on the life of companies. In many cases successful implementation depends on a strong and active engagement from the business community.

BusinessEurope as the leading voice of European business has been very actively involved in the B20 process since the start. We participate in the work led by the various B20 presidencies and are also member of the B20 Coalition - an organisation that groups the major business associations in G20 economies.

The G8, currently G7, is a high-level political forum addressing key international topics related to foreign policy, economic governance, trade, etc. Since key emerging economies are not part of the G7, the G20 was created to ensure broader policy coordination and action in key political or economic topics that have a worldwide impact. G7 and B7 however remain a critical platform to discuss and adopt strategic policy lines important for the world leading economies.

Publications

Position papers Date
For a new political commitment to reshape the global trading system - Global Business Coalition issues statement ahead of the G20 Finance Ministers and Central Bank Governors meeting in Buenos Aires 19/07/2018
B7 2018 - Declaration 06/04/2018
B7 Business leaders meeting, Rome - Joint declaration 31/03/2017
B7 Joint Statement to support free and open trading system 12/09/2016
B7 Tokyo summit joint recommendations 21/04/2016
Industrial innovation for a sustainable world - Recommendations from the B7 to the G7 20/05/2015
B8 - Business leaders meeting, Paris - Joint declaration 08/04/2011
Press releases Date
G7 must show leadership committing to rules-based trade 07/06/2018
G20 must play a leading role on climate and trade 06/07/2017
B20 calling for international cooperation to shape an interconnected world - Joint B20 statement for the G20 meeting in Hamburg 04/07/2017
The Global Business Coalition calls for international cooperation 29/11/2016
G20 countries business community launches roadmap for digital economy – a joint press release by the B20 Coalition 19/01/2015
Public letters Date
B20 Statement for Open Markets and Inclusive Growth 09/12/2016
BusinessEurope supports strong EU engagement in the G20 summit on 18-19 June 2012 - Letter from President Jürgen R. Thumann to Commission President José Manuel Barroso 13/06/2012
G8 summit in Maryland, USA - Letter from President Jürgen R. Thumann to José Manuel Barroso and Herman Van Rompuy 16/05/2012
Speeches Date
Trade as a driver for Growth - Intervention by BusinessEurope President Emma Marcegaglia at the B20 Summit, 20-21 June 2013, St. Petersburg 20/06/2013
Last updated: 7 July 2016