NAM Speaks to Growth Opportunity regarding TPP negotiations.
Press Release Summary:
Regarding negotiations on Trans-Pacific Partnership (TPP), NAM President and CEO Jay Timmons complimented work by U.S. Trade Representative Michael Froman and his counterparts and pressed for commitment to "an agreement that will fuel our global economy" through market opportunities and enforceable, high standards. Timmons also remarked how "the right TPP" could "turbocharge U.S.–Asia trade and have long-term benefits for the United States and its trading partners."
Original Press Release:
TPP Negotiators Have the Opportunity to Reach a Growth-Focused Deal, and Manufacturers are Watching
NAM Renews Call for Strong Outcomes
Washington, D.C. – With the strong possibility negotiations on the Trans-Pacific Partnership (TPP) will conclude this week after the latest round of talks in Atlanta, Ga., the National Association of Manufacturers (NAM) renewed its call for ambitious outcomes that embrace manufacturing priorities. NAM President and CEO Jay Timmons issued the following statement on the negotiations:
“This week, TPP negotiators have the opportunity to reach a strong deal that will level the playing field and open new markets for manufacturers in the United States. We appreciate the hard work that U.S. Trade Representative Michael Froman and his counterparts have put into these talks, but now is the time to commit to an agreement that will fuel our global economy through ambitious new market opportunities and high standards that are fully enforceable for all. With the potential to cover more than 40 percent of the global economy, the right TPP that is not weakened by lowest-common-denominator political expediency could be the catalyst that will turbocharge U.S.–Asia trade and have long-term benefits for the United States and its trading partners.”
Manufacturers have outlined their top priorities for a strong TPP agreement in a document released during the last TPP discussions in July and will continue to hold negotiators accountable for accomplishing these priorities in a final deal. Read the NAM’s TPP priorities document here.
-NAM-
The National Association of Manufacturers (NAM) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12 million men and women, contributes $2.09 trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts for more than three-quarters of private-sector research and development. The NAM is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.
- See more at: http://www.nam.org/Newsroom/Press-Releases/2015/09/TPP-Negotiators-Have-the-Opportunity-to-Reach-a-Growth-Focused-Deal--and-Manufacturers-Are-Watching/#sthash.WZjBTDVJ.dpuf
