American Business Leaders in Asia-Pacific Call for TPP’S Passage
APCAC survey shows strong support for TPP from Amchams across the Region
The Asia Pacific Council of American Chambers of Commerce ( APCAC) released the results of a survey showing strong support for the Trans- Pacific Partnership Agreement ( TPP) among American business leaders in the Asia Pacific region. Nearly 90% support the agreement, and 70% state that U. S. economic and security interests will be damaged if the TPP fails.
Jackson Cox, Chairman of APCAC, said, “American business leaders on the front lines of opening new markets in Asia for American products and services strongly support the TPP. APCAC urges the U. S. Congress to approve TPP before the end of the year so all American workers can start realizing the unique and powerful benefits of the TPP.”
Steven Okun, Vice Chairman of APCAC for TPP, added, “Now is the time for Congress to act and approve the TPP. The US’ ability to lead and influence in the region will be diminished if the TPP does not pass – we simply can’t afford to lose this unique opportunity.” The survey of 29 American Chambers of Commerce in the region comprised 602 individual respondents from 16 economies. The survey was conducted between September 15 and October 15, 2016.
The Asia Pacific Council of American Cham- bers 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.