Business Council for International Understanding

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The Business Council for International Understanding (BCIU) is a not-for-profit, nonpartisan, membership organization that encourages dialogue between business and political leaders in different countries. It holds events, briefings and programs for networking and education. Membership comprises more than 200 companies.

Networking is a socioeconomic business activity by which businesspeople and entrepreneurs meet to form business relationships and to recognize, create, or act upon business opportunities, share information and seek potential partners for ventures.

Contents

History

BCIU was formed November 10, 1955, at the White House Industrial Cooperation Council Conference, as an initiative directed by U.S. President Dwight D. Eisenhower. It was established with the purpose of improving foreign understanding of business practices within the United States, [1] thereby lifting a national image that had suffered greatly through the course of the Cold War. [2]

Dwight D. Eisenhower 34th president of the United States

Dwight David "Ike" Eisenhower was an American army general and statesman who served as the 34th president of the United States from 1953 to 1961. During World War II, he was a five-star general in the Army and served as Supreme Commander of the Allied Expeditionary Forcein Europe. He was responsible for planning and supervising the invasion of North Africa in Operation Torch in 1942–43 and the successful Invasion of Normandy in 1944–45 from the Western Front.

United States Federal republic in North America

The United States of America (USA), commonly known as the United States or America, is a country comprising 50 states, a federal district, five major self-governing territories, and various possessions. At 3.8 million square miles, the United States is the world's third or fourth largest country by total area and is slightly smaller than the entire continent of Europe's 3.9 million square miles. With a population of over 327 million people, the U.S. is the third most populous country. The capital is Washington, D.C., and the most populous city is New York City. Most of the country is located contiguously in North America between Canada and Mexico.

Cold War Geopolitical tension after World War II between the Eastern and Western Bloc

The Cold War was a period of geopolitical tension between the Soviet Union with its satellite states, and the United States with its allies after World War II. The historiography of the conflict began between 1946 and 1947. The Cold War began to de-escalate after the Revolutions of 1989. The collapse of the USSR in 1991 was the end of the Cold War. The term "cold" is used because there was no large-scale fighting directly between the two sides, but they each supported major regional conflicts known as proxy wars. The conflict split the temporary wartime alliance against Nazi Germany and its allies, leaving the USSR and the US as two superpowers with profound economic and political differences.

The organization was intended to operate as a part of a larger Eisenhower program, called People to People; however, in 1958, the umbrella initiative was shut down after failing to amass an adequate amount of independent funding. BCIU survived the initial decentralization of direction and support, and has continued to perform many of its original duties. [3]

Activities

Corporate to Government Event Building

BCIU organizes conferences and receptions for its member companies and relevant government officials to address issues of common concern. The initiative to organize a conference is taken by BCIU members, U.S. government officials, or foreign government officials. The specific format of these meetings is typically left to the discretion of the host.

Government contracts

BCIU is a pre-qualified Indefinite-Quantity Contractor (IQC) for the U.S. Trade and Development Agency (USTDA). Since 2006, BCIU has bid for opportunities to plan and manage orientation visits, conferences, and training programs in support of USTDA objectives. Once awarded a contract, BCIU is responsible for project implementation, which can include a series of meetings, site visits, roundtables, conferences, and receptions with foreign delegations. [4] BCIU performs similar functions for the Overseas Private Investment Corporation. [5]

United States Trade and Development Agency Government agency

The U.S. Trade and Development Agency (USTDA) is an independent agency of the United States government, established in 1961 to advance economic development and U.S. commercial interests in developing and middle income countries.

Overseas Private Investment Corporation government agency

The Overseas Private Investment Corporation (OPIC) is the United States government's development finance institution. It mobilizes private capital to help solve critical development challenges and, in doing so, advances the foreign policy of the United States and national security objectives.

Training

The organization provides commercial diplomacy training to the U.S. foreign service and other U.S. officials involved in trade promotion agencies for the sake of improved intercultural literacy. All training programs are conducted at the Foreign Service Institute. [6]

Ambassador Consultations

BCIU organizes consultations with American businesses for outgoing ambassadors to update them on current business and commercial matters affecting their country of jurisdiction.

Business practica

BCIU organizes a program that places Foreign Service Officers into companies for two to three months to gain practical experience after having completed the Foreign Service Institute’s economic and commercial training course. [7]

Foreign Service Officer member of United States Foreign service

A Foreign Service Officer (FSO) is a commissioned member of the United States Foreign Service. Foreign Service Officers formulate and implement the foreign policy of the United States. FSOs spend most of their careers overseas as members of U.S. embassies, consulates, and other diplomatic missions, though some receive assignments to serve at combatant commands, Congress, and educational institutions such as the various U.S. War Colleges.

Past functions

From 1957 to 1990, BCIU operated a cross-cultural training institute with support from American University. [8] Launched by the Eisenhower administration as the BCIU Institute, the program was designed to prepare international executives to meet the personal and professional challenges inherent to working abroad. The curriculum of the BCIU sessions included language and cultural training, as well as briefings on the current state of the U.S., its foreign policy, and its slipping image abroad. [6] The program now runs as the Intercultural Management Institute as a part of American University’s School of International Service.

Annual gala

Since 1984, BCIU has held an annual Gala in New York to celebrate partnerships within international trade and diplomacy. In 2003, BCIU introduced the Dwight D. Eisenhower Global Leadership Award, which honors a member of the business community for their leadership and achievement in the international arena; recent honorees include Sergio Marchionne and Mukesh Ambani.

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References

  1. "Department of State Bulletin Volume 41".
  2. "The Business Council for International Understanding - Report on the Plenary Meeting", Sam Meek Papers: International Marketing Series, September 26, 1956 [JWT Archives]
  3. "George Allen to Christian Herter" (PDF).
  4. "USTDA Conference RTM Contractor List" (PDF). Archived from the original (PDF) on 2012-09-15.
  5. "OPIC Partners Program". Archived from the original on 2012-08-20. Retrieved 2012-08-20.
  6. 1 2 Hachtmann, Frauke (2009), Promoting Consumerism in West Germany During the Cold War: An Agency Perspective, Johns Hopkins University Press
  7. "Address to the Business Council for International Understanding".
  8. "Intercultural Management Institute".