Washington DC – The National Foreign Trade Council (NFTC) today released the following comments on the statement released by the Ministers and Heads of Delegation for the Trans-Pacific Partnership (TPP) countries.
“With the conclusion of negotiations in sight, the NFTC calls on negotiators from the 12 countries of the Trans-Pacific Partnership to redouble their efforts to conclude a comprehensive high-standard agreement. This agreement – a historic undertaking – has the potential to stimulate jobs and economic progress in a vast free trade area comprising of almost half a billion people and close to 15 percent of global trade.
“At this critical juncture, NFTC and its members ask all parties to demonstrate leadership in opening markets, refrain from taking defensive positions and to increase ambition rather than seek to limit the scope of commitment.
“We commend Ambassador Froman and the U.S. negotiators for their tireless efforts in advancing this ambitious agreement and for recognizing its importance to the U.S. economy and American businesses and workers.”
About the NFTC
Advancing Global Commerce for A Century- The National Foreign Trade Council (www.nftc.org) 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.