New York, April 16, 2015 — Americas Society and Council of the Americas welcome the introduction today of bipartisan legislation by U.S. Senate Finance Committee Chairman Orrin Hatch (R-UT) and Ranking Member Ron Wyden (D-OR), and House Committee on Ways & Means Chairman Paul Ryan (R-WI) to renew Trade Promotion Authority (TPA). If enacted, this legislation would be a vital tool for establishing strong rules for trade negotiations and congressional approval of trade agreements.
The timing is particularly important as the United States continues Trans-Pacific Partnership (TPP) negotiations, which include four additional countries from the Western Hemisphere: Canada, Mexico, Peru, and Chile. This agreement offers the most promising existing opportunity to boost U.S. exports and drive hemispheric trade expansion with a strategic, high-standards approach, for which COA’s Trade Advisory Group has long advocated.
TPA is a critical first step, and AS/COA urges Congress to swiftly enact the legislation introduced today.
Americas Society (AS) is the premier organization dedicated to education, debate and dialogue in the Americas. Established by David Rockefeller in 1965, our mission is to foster an understanding of the contemporary political, social and economic issues confronting Latin America, the Caribbean, and Canada, and to increase public awareness and appreciation of the diverse cultural heritage of the Americas and the importance of the inter-American relationship.
Council of the Americas (COA) is the premier international business organization whose members share a common commitment to economic and social development, open markets, the rule of law, and democracy throughout the Western Hemisphere.
The Council of the Americas Trade Advisory Group consists of representatives from Council members and invited experts who educate and advocate on behalf of open markets and trade facilitation in the Americas. Group members share international trade experience and a common commitment to trade policy as a tool for economic development.