Texas and Southwestern Cattle Raisers Association (TSCRA) issued the following statement after trade ministers from the United States and 11 other Pacific Rim nations reached an agreement on the Trans-Pacific Partnership (TPP).
“After years of discussion, TSCRA is pleased the Trans-Pacific Partnership negotiations between the U.S. and Pacific Rim nations have finally concluded,” said TSCRA President Pete Bonds. “It is my hope that the TPP will eliminate trade barriers and allow us to finally expand beef exports across the Pacific Rim.
“This agreement has the opportunity to not only increase demand and growth for beef exports, but also boost the entire U.S. economy by supporting jobs and creating trade opportunities across many other markets in our country. TSCRA looks forward to working with Congress to review the details of this agreement and expand trade market access in the U.S.”
Besides the U.S, the countries included in the TPP agreement are: Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. These nations encompass nearly 40 percent of the global economy.
Source: Texas and Southwestern Cattle Raisers Association