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"...I am most anxious that broader understanding of America be encouraged by private American groups carrying on their own people-to-people activities. In my opinion, the importance of the Business Council's work is great..."
- Dwight D. Eisenhower, 1957
Since its inception in 1955 as a White House initiative under President Eisenhower, the Business Council for International Understanding (BCIU) has been a neutral, results-oriented partner, facilitating dialogue and alliances between world businesses and political leaders.
With members from more than 150 world-leading companies, BCIU provides an ongoing forum for senior business executives to interact with heads of state/government, cabinet ministers, and senior government officials.
Through the power of collective action, the Global Compact seeks to promote responsible corporate citizenship so that business can be part of the solution to the challenges of globalization. In this way, the private sector – in partnership with other social actors – can help realize the Secretary-General’s vision: a more sustainable and inclusive global economy.
The Global Compact is a purely voluntary initiative with two objectives:
* Mainstream the ten principles in business activities around the world
* Catalyze actions in support of UN goals
To achieve these objectives, the Global Compact offers facilitation and engagement through several mechanisms: Policy Dialogues, Learning, Country/Regional Networks, and Partnership Projects.
International Trade Organization, an early proposed form of GATT and WTO, began in London during the autumn of 1946 and continued in New York until the spring, 1947. In an effort to complete the work on the most extensive multilateral trade cooperation so far attempted, trade organizations in private sector worldwide gathered together in a collective form of the World Trade Association, as part of International Trade Conference in Geneva on April 10, 1947. Since then, in order to achieve the far-reaching cooperation to cope with contemporary global trade conditions, most of major trading countries have been establishing the World Trade Association ("WTA"), at both national and regional levels, with a variety of names such as International Trade Board, International Trade Association, International Trade Council and Export Import Association, suitable to their own situations, under one umbrella of WTA with a motto of "Free and Fair World Trade for All”
UNITED NATIONS GLOBAL COMPACT
BUSINESS COUNCIL FOR INTERNATIONAL UNDERSTANDING
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