Business Council for International Understanding

From Wikipedia, the free encyclopedia

AbbreviationBCIU
FormationNovember 10, 1955; 70 years ago (1955-11-10)
FounderWhite House Industrial Cooperation Council Conference under President Dwight D. Eisenhower
Founded atWashington DC
Business Council for International Understanding
AbbreviationBCIU
FormationNovember 10, 1955; 70 years ago (1955-11-10)
FounderWhite House Industrial Cooperation Council Conference under President Dwight D. Eisenhower
Founded atWashington DC
TypeNonprofit
Legal statusBusiness council
PurposeProvide commercial diplomacy services to the world’s governments and leading organizations
Location
Region served
Worldwide
ServicesOrganize meetings, panel discussions and off-the-record briefings between business executives and senior government officials and heads of state
Members150 major companies (2024)
Official language
English
President and CEO
Peter Tichansky
FundingMembers fees
Websitebciu.org

The Business Council for International Understanding (BCIU) is an American 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.

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]

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

Annual gala

References

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