G20 Summit in China - business expectations
G20 leaders will meet early September in China. This is an important gathering in a moment that we see a protectionist wave spreading around the world. BusinessEurope President Emma Marcegaglia calls on G20 leaders to continue to show their commitment to generate further growth and job creation in the world. “We need improved access to markets to generate new trade and investment opportunities. Closing markets, stopping imports is not the answer to create jobs and promote investment. Our companies need to import to stay competitive. Our economic growth is based on global supply chains and this has to be acknowledged by politicians around the world. That is why it's so important to conclude major bilateral trade agreements like TTIP or the EU-Japan FTA and to ratify and implement as soon as possible key agreements that were already concluded like CETA or TPP. This is vital to boost our economies”.