B20 Germany to B20 Argentina

  • G20 must deliver on Hamburg results
  • For open and rules-based markets that benefit all
  • International cooperation needed to find solutions to global challenges
"The B20 is crucial for an effective G20 that shapes globalization," said Jürgen Heraeus and Daniel Funes de Rioja, the current and incoming Chairs of the official G20 business dialogue, Business 20 (B20), prior to the B20 handover in Buenos Aires. The official handover ceremony, 1 month before the G20 handover, took place on 1 November 2017 in the Argentine Foreign Ministry, hosted by the Argentine G20 Sherpa, Ambassador Pedro Villagra Delgado. "We stand with B20 Germany for open and rules-based markets. At the same time, we agree that we must ensure that the benefits from globalization are widespread in our societies. For example, we need to invest more in education and lifelong learning", Funes de Rioja added. B20 Argentina will be led by Funes de Rioja as Chair, designated by the Argentine government. Daniel Funes de Rioja is the former President of the International Organisation of Employers (IOE) and also participated in the B20 Germany process as Co-Chair of the Employment and Education Taskforce. He will be assisted by six business chambers – UIA, ADEBA, BCBA, CACS, CAMARCO, and SRA – as Co-Chair. B20 Sherpas Carolina Castro (Executive Sherpa) and Fernando Landa (Policy Sherpa) are tasked with bringing the B20 to life. "This is a great opportunity for our region and our country, taking into account the transformation process Argentina is going through and the structural reforms the government is putting in place to face the challenges of open market economy, the globalization process, and smart integration", said Funes de Rioja. "We can be proud of what we have achieved as B20 Germany," Heraeus stated. In seven taskforces and one initiative, more than 700 leading business representatives developed joint policy recommendations that were handed over to German Chancellor Angela Merkel at the B20 Summit in May 2017. The G20 Summit in Hamburg is a partial success, given the difficult negotiating climate. We are nonetheless disappointed that the G20 did little more than secure the status quo in many areas such as international trade," Heraeus continued. "The G20 must now fill its Hamburg commitments with life," said the B20 Germany Chair. Heraeus, who was accompanied by B20 Sherpa Stormy-Annika Mildner, represent the three German business associations that were mandated by the German government to preside over the German B20 dialogue the Confederation of German Employers' Associations (BDA), the Federation of German Industries (BDI) and the Association of German Chambers of Commerce and Industry (DIHK). German leaders, high ranked Argentine Government Officials and representatives from UIA, ADEBA, BCBA, CACS, CAMARCO, and SRA will accompany Mr. Funes de Rioja and his team in the presentation of the B20 activities to the Argentine Business Community: an event for more than 300 Argentine Business representatives from different sectors taking place in the city of Rosario, Province of Santa Fe on 2 November 2017. To access the text of Mr. Funes de Rioja's speech during the handover ceremony on 1 November 2017 please click here. For more information, please contact María Paz Anzorreguy, Senior Adviser

IOE address

71 Avenue Louis-Casaï
1216 Cointrin
Geneva, Switzerland

T: +41 22 929 00 00
F: +41 22 929 00 01