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NFTC Welcomes Administration’s Notification to Congress on Intent to Join TPP Negotiations
Date: 12/14/2009
Written By: Jennifer Cummings, The Fratelli Group for NFTC, 202-822-9491

Washington, DC – The National Foreign Trade Council (NFTC) today welcomed news that the Obama Administration sent to Congress a notification announcing its intent to join the Trans-Pacific Strategic Economic Partnership Agreement (TPP) negotiations. The president publicly announced his support for initiatives aimed at expanding U.S. economic engagement with countries in the Asia-Pacific region during his visit to Asia last month. NFTC Vice President for Regional Trade Issues Chuck Dittrich released the following statement:

“The NFTC is extremely pleased with the Administration’s announcement today regarding plans to participate in the TPP negotiations in the coming months.

“This is an important step toward strengthening economic and commercial ties between the United States and the Asia-Pacific region.

“The TPP is an ambitious undertaking and has the potential to significantly expand trade relations with one of the most dynamic regions in the world. The agreement will help to better integrate the Asia-Pacific market into the global economy, will promote domestic job growth and will forge more robust economic relations between the United States and its allies in Asia.”

“We look forward to working with the Administration as the first round of negotiations begins in the spring.”

In a November 4, 2009, letter sent to President Obama, U.S. Trade Representative Ron Kirk and Secretary of Commerce Gary Locke, the NFTC urged the president to use the occasion of his historic visit to Asia to move forward with negotiations to join the TPP.

About the NFTC

Advancing Global Commerce for 95 Years - The National Foreign Trade Council is a leading business organization advocating an open, rules-based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves hundreds of member companies through its offices in Washington and New York.