Press Releases

PRESS RELEASE: PPI Statement on Announcement of TPP Deal

By / 10.5.2015

WASHINGTON— Ed Gerwin, Senior Fellow for Trade and Global Opportunity at the Progressive Policy Institute (PPI), today released the following statement in response to Monday’s announcement that top trade officials from the 12 Trans-Pacific Partnership countries have successfully completed their negotiations:

“PPI welcomes Monday’s announcement that the United States and its 11 negotiating partners have successfully concluded negotiations on the Trans Pacific Partnership (TPP) trade agreement.

“If done right, modern trade agreements like TPP have significant potential to increase American exports to key foreign markets; to forge international consensus on high standards for open rulemaking, environmental protection, and labor rights; and to support digital commerce and other tools for broader and more inclusive trade.

“We appreciate the tireless efforts of Ambassador Froman, the Obama Administration’s trade team, and trade supporters in Congress in seeking a TPP agreement that will achieve these and other key priorities for the United States.

“We look forward to reviewing the text of the completed agreement. And we are particularly grateful to Congressional trade leaders—particularly Senator Ron Wyden (D-Ore.), Congressman Ron Kind (D-Wisc.), and other pro-trade Democrats—for writing strong, new rules that will assure an extensive, informed and transparent debate on the detailed provisions of the TPP.”