Los Cabos, Mexico, June 19, 2012 – The United States Council for International Business (USCIB) applauds the announcement that Canada and Mexico have been invited to join the negotiations on a Trans-Pacific Partnership (TPP) agreement to open up trade and investment to drive economic growth and job creation in the Pacific region. USCIB President and CEO Peter M. Robinson issued the following statement from Los Cabos, where he attended the B20 business meetings as part of this week’s G20 Summit:
“This is a very welcome development. We applaud the United States and the other countries involved in the TPP negotiations for finding a way to bring these two major economies into the TPP process without sacrificing critical objectives, including that that a TPP agreement must be ambitious and comprehensive, and it must be concluded and implemented quickly.
“With the U.S., Canadian and Mexican economies so closely integrated under NAFTA, it is important for American business, workers and consumers to have all three countries fully engaged as partners in the TPP effort. We encourage all three governments to take the opportunity to strengthen North American trade ties and address remaining barriers between us, to help build an even more open and competitive North America market.
“Trade and investment will be critical in helping the U.S. and the world grow our way to a stronger economy with more and better jobs. The developments in Los Cabos this week are an important indication that major governments in the Pacific region are committed to pursuing meaningful market-opening agreements to spur growth.”
About USCIB:
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 leading international business organizations, USCIB provides business views to policy makers and regulatory authorities worldwide, and works to facilitate international trade and investment. More information is available at www.uscib.org.
Contact:
Jonathan Huneke, VP communications, USCIB
(212) 703-5043 or jhuneke@uscib.org
