Washington, D.C. - The TPP Apparel Coalition released the following statement today in advance of the signing of the Trans-Pacific Partnership (TPP):
The TPP Apparel Coalition applauds the signing of the Trans-Pacific Partnership (TPP). This ground-breaking trade agreement will join together consumers in the United States and 11 other TPP partners. Representing 40 percent of the world’s GDP, the TPP will help apparel brands and retailers reduce costs, enter new markets, and support trade-based jobs.
Today’s signing is an important step that sets the stage for ratification by each of the TPP countries. Timely ratification and seamless implementation is important so that our industry and the millions of American workers they employ can take advantage of the benefits of the TPP.
The TPP Apparel Coalition supports the TPP agreement and the provisions that generate new trade and investment opportunities for the benefit of workers, businesses, and families. These opportunities include buying and selling goods and services, sustaining and growing well-paying U.S jobs, and providing high added value for the U.S. and TPP economies.
For more information on the TPP Apparel Coalition, visit www.tppapparelcoalition.org.