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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.”
Upcoming days of action
Oct to Nov: autumn of action against CETA in Europe incl. Austria, Belgium, Bulgaria, France, Italy, Germany, Greece, Netherland, Slovenia, Spain... - details
27-28 Oct: mobilisation in Brussels against CETA - contact
03-05 Nov: mobilisation in Brussels against TTIP - contact
4 Nov: Continental day for democracy and against FTAs & neoliberalism in Latin America - contact
Any edits, please contact us
News from the movements
27-Oct-2016 El BoletínUna campaña invita a activistas de todo el mundo a participar en acciones contra los tratados.
27-Oct-2016 ITFGlobal trade union leaders meeting in Panama have united in condemnation of TiSA (the Trade in Services Agreement) and CETA (the Comprehensive Economic & Trade Agreement), highlighting the risks that both trade agreements pose to jobs and job security.
27-Oct-2016 PSIOn 12 October, the closing day of the Asia Pacific Regional Conference in Fukuoka, around 250 delegates representing more than 70 PSI affiliates from 18 countries resolved to intensify the struggle against the ambitious Regional Comprehensive Economic Partnership under negotiation among 16 countries in the region.
20-Oct-2016 El DiarioHoy es un día clave en la defensa de la democracia tal y como la hemos entendido hasta ahora.
20-Oct-2016 Bangkok PostAccess to affordable medicine and farmers’ control over seeds could be undermined by the Regional Comprehensive Economic Partnership being negotiated between Asean member countries and six other trade partners, says FTA Watch in Thailand
20-Oct-2016 CEOA close look at the controversial EU-Canada trade deal shows that concerns blocking its ratification are well-founded.
19-Oct-2016 Telesur“We don’t want what happened to us to happen to the people in Dakota,” Piaguaje told teleSUR.
18-Oct-2016 Peoples WorldIn protests billed as “anti-colonial” demonstrations, Peruvians hit the streets on 12 October against the Trans-Pacific Partnership and the Trade in Services Agreement
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