Istanbul, 7 March 2014

The ICC G20 CEO Advisory Group held a policy consultation in Istanbul, where the group launched the 3rd edition of the ICC G20 Business Scorecard.


As part of the ICC series of G20 policy consultations, ICC and ICC Turkey hosted a conference entitled "Turkey in the Global Economy", which featured keynote addresses by the Turkish Minsters of Economy, and Trade and Customs, as well as a panel discussion on Turkey's forthcoming role in assuming the presidency of the G20 in 2015.


Berlin policy consultation

Guest speakers and panelists included ICC representatives, members of the Turkish government and business leaders.

  • H.E. Nihat Zeybekci, Minister of Economy
  • H.E. Hayati Yazıcı, Minister of Trade and Customs
  • Ibrahim Çanakcı, Under Secretary of the Treasury who provided a Turkish government perspective on the G20
  • M. Rifat Hisarcıklıoğlu, President, Union of Chambers and Commodity Exchanges of Turkey, and Member, ICC Executive Board
  • Erdal Bahçıvan, President, Istanbul Chamber of Commerce
  • Prof Dr Güven Sak, Head of Economic Policy Research Foundation of Turke
  • Jean-Guy Carrier, ICC Secretary General
  • Harold (Terry) Mc Graw, ICC Chairman and Chairman of McGraw Hill Financial (United States)
  • Robert Milliner, Australian B20 Sherpa, Australian cycle
  • Ergun Özen, CEO, Garanti Bank


Participants at the Istanbul policy consultation

Participants discussed the Australian G20/B20 priorities to orient the current G20 cycle towards a more limited number of priorities focused on the overarching G20 objective of supporting economic growth and job creation. This was reflected in the outcomes of the latest G20 Finance Ministers and Central Bank Governors on 22-23 February in Sydney, where they committed to developing policies to lift the G20's collective GDP by more than 2% above current forecasts, including actions to increase investment and enhance trade. Turkey is fully aligned with this approach and has already undertaken preparations to build on these elements of the Australian cycle.

Istanbul 2014 3

The Istanbul Conference was also the venue for the official launch of the third edition of the ICC G20 Business Scorecard. The Scorecard and associated recommendations were delivered by ICC Chairman McGraw to Turkish Minister of Economy Nihat Zeybekci and Turkish G20 Sherpa Mehmet Gücük.

The overall score across four business policy areas in the third edition Scorecard was 'fair' (2.1 out of a possible 3).This is higher than the two previous Scorecards, indicating year-on-year improvement since ICC began its monitoring.

Media coverage

Following the panel discussion on business priorities, illustrious members from ICC's network met with the press including: Mr Carrier, Mr McGraw and Ender Torgancılar, ICC Executive Board Member and Vice President of the Union of Chambers and Commodity Exchanges of Turkey.

Selected quotes

Speakers at the Istanbul policy consultation, 2014

"If G20 leaders can reduce trade barriers, liberalize trade in services and expand the International Technology Agreement, those actions will go a long way in reaching the new G20 target to boost GDP by an extra 2% over the coming five years."

Harold (Terry) McGraw, ICC Chairman and Chairman, McGraw Hill Financial

"ICC has taken the lead in denouncing corruption and in developing ways to fight it. This year's score reflects the way most G20 countries are involving business in their reviews of the United Nations Convention against Corruption."

Jean-Guy Carrier, ICC Secretary General

"International business stands ready to partner with G20 governments in advancing a growth and jobs agenda. We offer the latest edition of the Scorecard in that spirit and hope it makes a positive contribution to the G20's work."

Marcus Wallenberg, Chairmain, ICC G20 CEO Advisory Group

Press release

G20 Scorecard

ICC sees progress on G20 agenda, opportunities ahead

The G20 has made steady progress on business goals since 2011, according to the latest G20 Business Scorecard, published today by the International Chamber of Commerce (ICC). The third instalment of... Read more