U.S. Chamber Welcomes Signing of Trans-Pacific Partnership

Wednesday, February 3, 2016 - 5:30pm

WASHINGTON, D.C.—U.S. Chamber of Commerce Executive Vice President and Head of International Affairs Myron Brilliant issued the following statement as the U.S. and 11 other Asia-Pacific nations signed the Trans-Pacific Partnership (TPP) today in a ceremony in New Zealand:

“Today marks a potentially historic step forward for U.S. competitiveness and more dynamic economic growth. The TPP will sweep away the tariffs and other trade barriers that too often deny a level playing field for U.S. exports. It will unleash the digital economy, strengthen our innovative and creative industries, and end the favoritism afforded to state enterprises. It can be a game changer for American workers, ranchers, and companies — and for our friends and allies in the Asia-Pacific region.

“History shows that if we don’t move ahead on trade, we’ll be left behind. Other nations understand this: While the ink is barely dry, the TPP is already drawing interest from other Asia-Pacific economies that want to follow its ‘race-to-the-top’ recipe for trade and growth.

“At the same time, the Chamber continues to encourage the‎ ‎administration to work with Congress to address legitimate concerns expressed by industry and legislators. Doing so is critical to our efforts to secure strong bipartisan approval of the agreement.”