New York, N.Y., February 3, 2016 – Welcoming a milestone on the road leading to the ratification of the Trans-Pacific Partnership (TPP), USCIB hailed the signing of the agreement by 12 countries in Auckland, New Zealand today (February 4 local time). TPP is a historic market-opening free trade agreement whose Pacific-Rim members represent 40 percent of global GDP.
“The signing is an important next step, since TPP will increase American export opportunities, support U.S. jobs, and advance security and rule of law across the Asia Pacific region,” said USCIB President and CEO Peter Robinson. “We applaud the U.S. government and our TPP partners for moving forward on an agreement that will create so many benefits for workers, families and businesses.”
Robinson noted that hard work still remains, with the ratification of the agreement by Congress and other national governments. USCIB is committed to working with the Obama administration, Congress and its members to ensure that TPP becomes law.
USCIB is a leading member of the U.S. Coalition for TPP, a broad-based group of American companies and associations representing all sectors of the U.S. economy. The Coalition issued a statement in support of TPP in January.
USCIB promotes open markets, competitiveness and innovation, sustainable development and corporate responsibility, supported by international engagement and regulatory coherence. Its members include U.S.-based global companies and professional services firms from every sector of our economy, with operations in every region of the world. With a unique global network – encompassing ICC, the International Organization of Employers, and the Business and Industry Advisory Committee to the OECD – USCIB provides business views to policy makers and regulatory authorities worldwide, and works to facilitate international trade and investment. www.uscib.org.
Jonathan Huneke, USCIB
+1 212.703.5043, firstname.lastname@example.org