WASHINGTON, DC – The Technology CEO Council (TCC) issued the following statement today following the release of the U.S. International Trade Commission (ITC) report on the Trans-Pacific Partnership (TPP):
“We welcome ITC’s report outlining the impacts of TPP on the U.S. high tech industry and the overall economy. This level of analysis is absolutely critical for policymakers as they continue to weigh the merits of TPP,” said Bruce Mehlman, executive director of TCC.
“We are particularly encouraged by the report’s findings related to the estimated effects of TPP on digital trade, which are widely regarded as the most transformative measures in the agreement. As the global leader in technology, digital content creation and data storage and management, the U.S. stands to benefit significantly from measures that ensure a fair global market based on competition and innovation.
By ensuring cross-border data flows and protecting against growing localization measures, TPP’s e-commerce provisions will strengthen the competitive advantage of a wide array of U.S. businesses and individuals that rely on digital trade and technology across nearly every sector of the U.S. economy, from high-tech leaders to professional services firms and healthcare providers.
The Technology CEO Council strongly supports the TPP Agreement and is urging Congress and Administration to move forward quickly to enact the agreement in order to realize these extraordinary benefits to American economy.”
About Technology CEO Council
The Technology CEO Council has focused on public policy initiatives related to U.S. competitiveness and innovation for more than 25 years. Specifically, TCC is working to advance the following: bolstering our physical and digital infrastructure to support breakthrough innovations and efficient, effective government; comprehensive tax reform that encourages inclusive growth, global investment and U.S. job creation; trade agreements that give global consumers access to global entrepreneurs; and, new immigration and education policies that both attract the high-skilled workers we need to create new businesses and ensure the best and brightest can thrive in the United States. For more information about TCC, visit www.techceocouncil.org.