Press Releases

APCAC Applauds TPP Negotiators On Historic Agreement, Urges Passage as Attention Shifts to Congress

SINGAPORE, 5 October 2015: The Asia Pacific Council of American Chambers of Commerce (APCAC) congratulates the U.S. Trans-Pacific Partnership negotiators led by United States Trade Representative Michael Froman, Wendy Cutler, Acting Deputy USTR and Barbara Weisel, Assistant USTR for Southeast Asia and the Pacific. Their skill, hard work, and sacrifice led to an unprecedented agreement that has the potential to secure American commercial engagement in Asia-Pacific for generations.

“TPP represents the very best of American leadership. Each of the parties now returns to their respective capitals to discuss the agreement’s details and seek legislative approval. APCAC welcomes this transparent process and we urge the U.S. Congress to approve this Agreement with bipartisan support so that American businesses and workers can begin utilizing the full potential of TPP,” said Jackson Cox, Chairman of APCAC.

“Trade liberalization moves forward across the region with or without the TPP. Being part of the TPP ensures the U.S. remains a leader in the region, and not relegated to the sidelines,” said Steven Okun, Vice Chairman of APCAC for TPP. “Consideration of the TPP will take place in the most transparent way possible, and we look forward to engaging in a constructive dialogue to show how the TPP will be a win-win,” he added.

About APCAC

The Asia Pacific Council of American Chambers of Commerce is an association of 29 American Chambers of Commerce in the Asia-Pacific region. APCAC’s collective membership represents over 15,000 companies, and over 50,000 overseas American workers in the region. APCAC’s member companies account for more than $600 billion USD in annual trade and investment in the region.

CONTACTS: JacksonCox(jcox@woodmontinternational.com); Adam Sitkoff (apcacsec@gmail.com)