Czech Business Today
Business takes position on G20 issues
In parallel with G20, the most powerful employers´ organisations in the World met on 2-3rd November in Cannes at Business Summit B20. For the first time, the B20 representatives met the representatives of L20 (Labour Summit of Trade Unions) and laid down the basis of social dialogue at international level.
In their common position paper, they expressed a deep disappointment with current global economic situation. Employers together with employees face global instability of markets, including increasing unemployment and insecurity in the labour market when economic prospects do not indicate any improvement.
The main priority should be to create a favourable environment for business and new jobs, creating a stable social security, respect for fundamental principles and rights at work and coherence in international multilateral cooperation.
On the occasion of the G20 summit, the twenty Chambers of Commerce and Industry (C20) coming from the G20 countries stressed the importance to enhance the growth, ensure long-term stability at financial markets and avoid further banking crisis. However, the new measures should not restrict the SMEs access to finance.
