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News & Insights

U.S. Efforts To Craft State Capitalism TPP Rules Raise Defensive Interests

April 29, 2011


Under increasingly unified pressure from the U.S. private sector, the Obama administration is attempting to craft a proposal for the Trans-Pacific Partnership (TPP) negotiations that would place binding international disciplines on the activities of state-owned enterprises (SOEs) and other government-influenced entities to ensure they do not gain an unfair advantage over private firms at home and abroad… Worried that bureaucratic infighting and the complexity of the issues involved could prevent the administration from achieving a unified U.S. position in advance of the Vietnam round, six U.S. trade associations on April 15 pressed Deputy National Security Advisor for International Economic Affairs and Development Michael Froman to forge ahead. Froman has been coordinating the inter-agency process, they said… Signing the letter were the Coalition of Service Industries, the Emergency Committee for American Trade, the National Association of Manufacturers, the National Foreign Trade Council, the U.S. Council for International Business, and the U.S. Chamber of Commerce.

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