My Profile   |   Contact Us   |   Sign In   |   Register
News & Press: WIPP Legislative Updates

Fate of Major Trade Deals May Hinge on Procedural Bill

Monday, April 20, 2015  
Share |

Policy Briefing Week of April 13


Fate of Major Trade Deals May Hinge on Procedural Bill

International markets, exporters, and would-be exporters are closely watching the future of the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (S. 995). With it may go the future of two trade deals, considered to be the most ambitious in history.

The bill, introduced last week, grants Trade Promotion Authority (TPA) to the Obama Administration, a critical tool designed to escort trade deals through Congress. Experts agree that without it trade deals stand little chance to navigate partisan -- and even regionally divisive -- agendas in the House and Senate. Instead, with TPA, trade deals get a straightforward yes-or-no vote in the Congress.

The legislation is timely. The Trans-Pacific Partnership (TPP), a five year, twelve country deal, is nearly finalized. Negotiations with the European Union in the Transatlantic Trade and Investment Partnership (T-TIP) are well underway. Both agreements hope to increase U.S. exports by lowering barriers to trade and enhance global competitiveness standards through robust labor and intellectual property provisions. 

Given the enormous potential for women entrepreneurs outside the United States, WIPP closely follows trade and export policy. WIPP also launched ExportNOW, to educate women business owners on exporting.



more Calendar

ChallengeHER Austin

Give Me 5: Executing Your Plan to Add Zero to Your Revenues (Part 2)

Give Me 5: Executing Your Plan to Add A Zero to Your Revenues (Virtual Mentoring)

Give Me 5 Virtual Mentoring: DCAA Audit Readiness

Give Me 5: Life After 8a

Featured Members
Pamela MazzaWIPP National Partner

Privacy Policy / Disclaimer    |    © WIPP  |    888-488-WIPP

Association Management Software Powered by YourMembership  ::  Legal