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L20 - B20 Letter to the G20 Presidency 2014

06/11/2014

  • L20-B20 Letter 2014pdf

The L20 and the B20 have jointly forwarded a letter to the Australian G20 Presidency and Prime Minister Abbott urging for all G20 countries to adopt ambitious plans for growth and jobs and follow this up with firm commitments for action during the upcoming Leaders' Summit in Brisbane. The full version of the letter can be downloaded here.

The following common priorities were raised:
  • ensuring that growth is strong, sustainable and inclusive
  • investing in infrastructure based on responsible investment and transparency principles
  • encouraging productive private and long term investment by reducing uncertainty and better aligning risk and return
  • ensuring that growth plans contribute to the creation of quality jobs, by
  • increasing skill levels and matching skills to employer needs, for example through quality apprenticeship systems that benefit workers
  • bringing workers into the formal labour market and eradicating forced labour
  • remuneration determined by the formal labour market and that meets or exceeds legal minimums
  • raising women’s participation in the labour force to close the “gender gap” in reward for talent
  • implementing the G20 Employment Ministers’ Safer Workplaces initiative
  • agreement that company tax should be paid where profits are earned.