WASHINGTON DC. – National Foreign Trade Council (NFTC) President Jake Colvin today issued the following statement following news that the United Kingdom has substantially concluded talks to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP):
“The news that the United Kingdom has concluded negotiations to join CPTPP is a stark reminder that the world isn’t waiting for the United States and threatens to put U.S.businesses, farmers, ranchers and workers at a disadvantage in the Asia-Pacific and Europe.
“The UK’s accession moves CPTPP from an important regional initiative to a critical global alliance of some of America’s closest economic and political partners.
“While we congratulate the UK Government for being part of this massive agreement, it’s frustrating to see America’s allies writing global rules and creating new market opportunities without the United States.
“We continue to urge the Administration and Congress to pursue an ambitious trade policy agenda that opens markets and creates new opportunities for American workers.”
About the NFTC
The National Foreign Trade Council (NFTC) is the premier business association advancing trade and tax policies that support access to the global marketplace. Founded in 1914, NFTC promotes an open, rules-based global economy on behalf of a diverse membership of U.S.-based businesses.