The Senate and House are poised to consider Trade Promotion Authority (TPA) legislation, which last week passed through committees in both houses of Congress, and NPPC is at the forefront of efforts to get lawmakers to support it. TPA defines U.S. negotiating objectives and priorities for trade agreements and establishes consultation and notification requirements for the president to follow throughout the negotiation process.
NPPC is leading private-sector support for TPA, which it says is essential for getting U.S. trading partners to their best and bottom line offers in the Trans-Pacific Partnership (TPP), a regional trade agreement among 12 countries now in the final stages of negotiation. Japanese Prime Minister Shinzo Abe and other top Japanese leaders, in Washington this week to promote TPP, agreed that TPA is crucial to concluding trade talks between the United States and Japan.
“If TPA is proceeding smoothly, our negotiation will also catch momentum,” Takeo Mori, Japan’s ambassador in charge of economic diplomacy, said recently. Click here to tell your members of Congress that TPA is critical to your industry and to urge them to vote in favor of it.