USCIB Supports TPP, Urges Congressional Action
The United States Council for International Business supports the Trans-Pacific Partnership and urged Congress to approve the deal, the trade group said in a news release (here). Among the major provisions, the TPP would eliminate 98 percent of tariffs in…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
its covered region and set new disciplines on state-owned enterprises, including limitations on sovereign immunity, non-commercial assistance, and increased transparency requirements, it said. “While we support TPP, we also believe that it could be improved by addressing provisions in the agreement that limit or exclude protections for certain sectors,” USCIB’s statement reads. “We urge the Administration to work to address these limitations before submitting the final agreement to Congress. Dealing with these concerns would avoid any possible negative precedents for future agreements and facilitate consideration of TPP under Trade Promotion Authority.”