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Obama tells Congress US will pursue Asia trade
Bloomberg | 14.12.2009
Obama Tells Congress U.S. Will Pursue Asia Trade
By Mark Drajem
Dec. 14 (Bloomberg) — President Barack Obama’s administration notified lawmakers that it will pursue a trade accord with a group of Asian nations, the first such initiative of his presidency.
In a letter sent to congressional leaders today, the U.S. Trade Representative’s office followed up on a general announcement the administration made during the Asia-Pacific Economic Cooperation forum in Singapore last month that it would pursue the Trans-Pacific Partnership with seven other nations in Asia.
“This agreement will create a potential platform for economic integration across the Asia-Pacific region,” U.S. Trade Representative Ron Kirk wrote to House Speaker Nancy Pelosi, a California Democrat, and Senate President Pro Tempore Robert Byrd, a West Virginia Democrat.
Kirk invited lawmakers to comment on the effort before negotiations begin in March 2010. Congress would have to ratify any trade accord reached by the administration.
Four nations initially negotiated the trade agreement, New Zealand, Chile, Brunei and Singapore. At the end of last year, Peru, Vietnam and Australia said they would like to join, too. The U.S. has individual free-trade deal with Chile, Singapore, Peru and Australia.
’Get it Right’
“U.S. participation in the TPP agreement is predicated on the shared objective of expanding this initial group to additional countries,” Kirk wrote.
Business groups say that the agreement could boost U.S. engagement in the fast-growing Asian region, and counter the moves by China to reach accords with those nations.
“TPP is about re-establishing the role of the U.S. in the Asian region,” Calman Cohen, president of the Washington-based Emergency Committee for American Trade, told reporters Dec. 11. “If they get it right, it can be a real shot in the arm.”
Some farmers and ranchers have expressed opposition to an accord, saying it may cause an increase in meat and dairy imports from New Zealand. U.S. textile manufacturers have said they are concerned an agreement would boost imports of competitive products from Vietnam.
At a hearing held by the U.S. Trade office in March, the National Council of Textile Organizations said it opposed including Vietnam in the pact, because its economic structure poses a “unique threat to U.S. manufacturers and their workers.”
News from the movements
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5-Dec-2016 Médecins Sans Frontières
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30-Nov-2016 No al TTIPCientos de organizaciones europeas y canadienses instan a las/los legisladores a votar en contra del Acuerdo Integral de Economía y Comercio (CETA).
30-Nov-2016 Temp.coJelang perundingan perdagangan bebas ASEAN RCEP (Regional Comprehensive Economic Partnership) di Indonesia, organisasi masyarakat sipil dari berbagai negara mulai melayangkan protes kepada pemerintah di negara-negara yang akan menandatangani perjanjian tersebut.
30-Nov-2016Este es un llamamiento urgente de 316 organizaciones de la sociedad civil de los países de Asia y el Pacífico que negocian la Asociación Económica Regional Ampliada para que el contenido tóxico del TPPT no se incorpore al RCEP
29-Nov-2016This is an urgent call by 316 civil society organisations from across the Asian and Pacific countries negotiating the Regional Comprehensive Economic Partnership to reject TPP rules in the RCEP
29-Nov-2016 S2BWe, the undersigned civil society organisations from Canada and Europe, hereby express our deep concern about the Comprehensive Economic and Trade Agreement (CETA) between the EU and Canada.
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