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NFTC Welcomes TPP Coalition’s Release of Negotiating Principles for Upcoming Brunei Round
Date: 9/30/2010
Written By: Jennifer Cummings, The Fratelli Group for NFTC, (202) 822-9491

Washington, DC – In advance of the upcoming round of Trans-Pacific Partnership (TPP) Agreement negotiations in Brunei next week, the National Foreign Trade Council (NFTC) today welcomed the release of negotiating principles by the U.S. Business Coalition for TPP. The NFTC is a member of the coalition and its steering committee.

NFTC Vice President for Regional Trade Issues Chuck Dittrich released the following statement:

“The negotiating principles released today are workable and are aimed at ensuring that the TPP Agreement becomes the gold standard for high-quality plurilateral agreements.

“The Asia-Pacific region represents the largest export market worldwide. The agreement has the potential to become one of the most ambitious and commercially significant trade pacts the United States has been a party to in more than a decade. Once fully negotiated and implemented, it will serve as catalyst for increased trans-Pacific economic integration and help to bolster U.S. economic growth and job creation. The coalition’s principles represent a unified business consensus on the direction of the TPP and provide a clear roadmap for concluding an agreement by the 2011 APEC Ministerial meetings.”

To read the principles, please click here.