Business Community to Froman: Focus on Strong Outcomes, Not Lowest Common Denominator

Keep Weakening Carve-Outs Out of Final TPP Deal

Washington, D.C., July 31, 2015 – Hours before the latest Trans-Pacific Partnership (TPP) negotiation round in Maui, Hawaii, concludes, the National Association of Manufacturers (NAM) and members of the agriculture and business community sent a letter to U.S. Trade Representative Michael Froman urging negotiators to bring home a high-standard outcome and cautioning them against agreeing to product and sector carve-outs from core standards.

“[I]t is imperative that all parties recognize that carving out particular products or sectors from core provisions is not a recipe for a successful TPP or for future trade agreements,” the letter says. “To produce a strong agreement that will propel economic growth and prosperity, the high standards that the TPP should put in place to protect property and innovation and promote the rule of law should be ones that are applied without discrimination.”

Read a full copy of the letter here.

Expected to cover 40 percent of the global economy, a strong, market-opening TPP could be the catalyst for expanded U.S.-manufactured exports and improved competitiveness for decades to come. Read more here

Other signatories to the letter include the American Farm Bureau Federation, Emergency Committee for American Trade, National Foreign Trade Council and United States Council for International Business. 

 

-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.

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