WHAT: Luncheon Briefing, "Keeping Markets Open for Sovereign Wealth
Fund Investment"
WHO: Robert Kimmitt, U.S. deputy secretary of the Treasury
Angel Gurría, secretary general of the OECD
John Waldron, managing director, Goldman Sachs
Ted Truman, Peterson Institute for International Economics
James H. Quigley, CEO, Deloitte Touche Tohmatsu
Representatives of major sovereign wealth funds
WHEN: Monday, October 13, 2008 12:00 noon - 2:00 p.m.
WHERE: Willard Intercontinental Hotel, Crystal Room
1401 Pennsylvania Avenue, N.W., Washington, D.C.
MEDIA: RSVP STRONGLY ENCOURAGED BY 5 P.M., FRIDAY, OCTOBER 10
Mr. Kimmitt and Mr. Gurría will speak with the media separately
after their remarks Contact: Jonathan Huneke, United States Council
for International Business+1 212-703-5043 (office), +1 917 420-0039
(mobile), jhuneke@uscib.org
With trillions of dollars in assets, sovereign wealth funds are expected to
play an increasingly important role in the global economy. As governments
confront the current financial crisis, how can we ensure that major markets
remain open to this potentially critical source of investment?
This lunchtime discussion, organized by the United States Council for
International Business and several other leadings business groups, will
explore recent developments in the debate over open markets and sovereign
wealth funds. Presentations will examine the International Working Group's
recent Generally Accepted Principles and Practices for sovereign wealth
funds as well as implementation of the OECD's recommendations for keeping
markets open to SWF investment.
USCIB promotes an open system of global commerce. Its membership includes
more than 300 leading U.S. companies, professional services firms and
associations whose combined annual revenues exceed $3.5 trillion. As
American affiliate of the leading international business and employers
organizations, USCIB provides business views to policy makers and
regulatory authorities worldwide and works to facilitate international
trade. More information is available at www.uscib.org.
Contact Information: Contact: Jonathan Huneke United States Council for International Business +1 212-703-5043 (office) +1 917-420-0039 (mobile)