AmCham Australia and AmCham Singapore Highlight Success of Respective FTAs and Argue Best Way Forward includes Multi-Party Agreement
The American Chambers of Commerce in Australia and Singapore jointly affirm that both the respective U.S. FTAs associated with their countries benefit U.S. business and workers across each of their individual markets. Furthermore, in comments submitted to the U.S. Department of Commerce and the office of the U.S. Trade Representative, both Chambers agree that the U.S. government should build upon the successes of these agreements by entering into a multi-party agreement in the region.
This is particularly true given that Australia and Singapore continue to look to enter into the TPP without the U.S. If this were to occur, this could place U.S. companies and industries at a competitive disadvantage. The U.S. must find a way to engage both bilaterally and plurilaterally, or U.S. businesses and workers will risk falling behind.
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