NFTC Supports TPP
The National Foreign Trade Council supports the Trans Pacific Partnership, especially the mechanisms to settle disputes, liberalize trade, and soften trade barriers, the NFTC said (here). “It is imperative that TPP provide very high standards, comparable to those which…
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business enjoys in the United States, so this agreement can serve as a strong foundation for other trade agreements going forward,” the organization said. “The NFTC believes that the agreement can be a major step forward in establishing rules-based international trade and in opening foreign markets; enhancing economic growth for the United States, as well as for its Pacific Rim trading partners; providing major new market opportunities for goods, services and investment; reducing barriers to trade and investment; and providing disciplines over state-owned enterprises that compete with private companies.”