Argentine Cabinet Chief Marcos Peña: “The B20 is key for the G20 Leaders’ Summit”

Argentina’s Chief of Cabinet of Ministers took part in the event that wraps us the 2018 agenda of the Business 20 (B20), the engagement group representing the international business community.

With business leaders from around the world in attendance, the Summit of the Business 20 (B20), the engagement group representing the international business community, kicked off today. Marcos Peña, Argentina’s Chief of Cabinet of Ministers, together with Horacio Rodríguez Larreta, Buenos Aires City Mayor, and Daniel Funes de Rioja, B20 Chair, opened the summit at the CCK, Buenos Aires.
 
Peña praised the collaborative work of the G20 and B20. “We are less than two months away from the most important global event in our history,” he said. “And the B20 is very important for that summit, because we understand that the business community has a major contribution to make in terms of responsibility, of opportunities, of perspective,” he added in front of over 1,000 participants. 
 
Funes de Rioja alluded to the consensus built by B20 members, highlighting that societies expect concrete actions and solutions from the forum. Rodríguez Larreta spoke about the international character of Buenos Aires and welcomed entrepreneurs to the city. 
 
Afterwards, the B20 troika representatives spoke about the group’s joint work with the G20. The first panel’s participants were Funes de Rioja; Ingo Kramer, German B20 representative; Shuzo Sumi, Japanese B20 representative and 2019 B20 chair; and Pedro Villagra Delgado, Argentine G20 Sherpa. Gabriela Ramos, G20 Sherpa of the OECD, offered some concluding remarks on the collaboration process.
 
The following discussions focused on designing tools to finance infrastructure projects and multilateral trade. Towards the end of the day, Nicolás Dujovne, Argentine Minister of the Treasury, and Jorge Faurie, Argentine Minister of Foreign Affairs and Worship, will take part in debates on the current international trade outlook and on how to consolidate the discussions and exchanges between G20 countries. They will share the panel with Roberto Azevedo, Director-General of the World Trade Organization, as well as other international experts and business leaders.
 
Tomorrow morning at La Rural Convention Centre, the B20 will discuss infrastructure and energy, transparency, multilateral trade, the future of work, and education and digitalization, among other topics.
 
Towards the end of the summit, the B20 will give Argentine President, Mauricio Macri, a set of policy recommendations that represent and conclude the group’s work this year. Over 1,700 business leaders, 740 companies and 260 employers’ organizations worked throughout the year to develop the proposals that seek to promote economic growth, create jobs and ensure a more sustainable future.
 
About the B20
 
Created in 2010 under the Canadian G20 presidency, the B20 is made up of business associations and leads engagement with G20 governments on behalf of the international business community.
 
During the Argentine presidency of the G20, the B20 is chaired by Daniel Funes de Rioja and the Group of Six, comprised by the Industrial Chamber of Argentina (UIA); the Argentine Rural Society (SRA); the Argentine Chamber of Commerce and Services (CACS); the Argentine Chamber of Construction; the Buenos Aires Stock Exchange; and the Argentine Bankers Association (ADEBA).