USTR Briefing on the Trans-Pacific Partnership (TPP), Fri, Jun 17, 6:30 – 8:30pm

When:Fri, Jun 17th, 2011 6:30pm to 8:30pm
Where:New World Saigon Hotel, Ho Chi Minh City

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Event background

USTR briefing on the Trans-Pacific Partnership, followed by a networking cocktail reception. The 7th Round of the TPP Trade Agreement negotiations will be held in Ho Chi Minh City Jun 20 – 24, 2011.

• Asia-Pacific markets are already key destinations for U.S. manufactured goods, agricultural products, and service suppliers.

• Although U.S. exports to Asia-Pacific markets have grown, there has been a decline in U.S. market share in the Asia-Pacific region, in part because of a proliferation of trade agreements to which the U.S. is not a party.

• The TPP negotiating partners currently include Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, Vietnam, and the United States.

• U.S. participation in the TPP Agreement is predicated on the shared objective of expanding this initial group to additional countries throughout the Asia-Pacific region, and several have already expressed interest in potentially participating in the agreement.

The first round of negotiations took place from March 15-19 in Melbourne, Australia. The second round of negotiations took place from June 14-18 in San Francisco, California. The 6th Round took place in Singapore in March. The 7th Round will be in HCMC Jun 20-24, and the 8th Round will be in San Francisco in September.


6:30pWelcome and Introduction
.Briefing on the Trans-Pacific Partnership Trade Negotiations
.Gail W. Strickler, Asst USTR – Textiles
.Jason Bernstein, USTR Director for Customs
.Others to be informed
7:30pNetworking Cocktail Reception
8:30pEvent ends

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Costs and Registration Online

Member/spouse/guest US$ 35/ea. w. reservations

Costs partially cover refreshments, which include free flow of beer, wine, and soft drinks and scrumptious hors d’oeuvres.

We encourage all participants to register online. Reservations/cancellations must be received by 24 hours in advance of the event, because of financial commitments with the venue. No shows will be billed.

Please click this link to Register Online

Read more about the Trans-Pacific Partnership

Trans-Pacific Partnership: U.S. Trade Representative Web Site

TPP: Joint Statement from Trans-Pacific Partnership Ministers Meeting on Margins of APEC in Montana
With three negotiating rounds ahead before the November APEC Leaders’ meeting in Honolulu, the TPP ministers expressed their goal of reaching the broad outlines of an agreement by November. They agreed that negotiators should intensify their consultations on issues of particular sensitivity and to make achieving an ambitious outcome in these negotiations a top priority.

Apparel: TPP Rules of Origin for Textiles and Apparel – “Yarn-Forward”
The next round of TPP negotiations is scheduled to take place in Vietnam from 20-24 June where new US proposals for textile and apparel rules are expected to be tabled.

Labour: TPP and the U.S.-Peru Trade Promotion Agreement Labor Chapter Summary
A number of interested stakeholders in the U.S., including the AFL-CIO (American Federation of Labor and Congress of Industrial Organizations), the largest federation of unions in the United States, believe that the TransPacific Partnership Trade Promotion Agreement should include a chapter on Labor that is similar to the U.S.-Peru Trade Promotion Agreement Labor Chapter (Chapter 17).

Vietnam and TPP Trans-Pacific Partnership: Background Reading
The global economic recovery is accelerating the development of a new framework for trade and investment in the Asia Pacific region. The WTO Doha round is deadlocked and progress on multilateral trade liberalization has stalled. Maybe trade negotiations are focused on “yesterday’s issues.” Economies and Free Trade Agreements are starting to overlap, presenting opportunities for consolidation. While market access is important, a strong market integration agenda includes services, investment, and regulatory co-operation (including competition policy, standards harmonization, labor and environment, and other “behind the border” issues). The TPP is about trying to “untangle those noodles” of complicated overlapping trade agreements.

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