Amer­i­can Busi­ness Lead­ers in Asia-Pa­cific Call for TPP’S Pas­sage

APCAC sur­vey shows strong sup­port for TPP from Am­chams across the Re­gion

Thai-American Business (T-AB) Magazine - - Contents -

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.

ABOUT APCAC

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.

Newspapers in English

Newspapers from Thailand

© PressReader. All rights reserved.