UPS Applauds TPP Negotiators on World’s Largest Trade Deal
05 Octobre 2015 - 4:00PM
UPS® (NYSE: UPS), a global logistics provider and leading advocate
for global trade, commends the 12 nations who have come to
agreement on the Trans-Pacific Partnership (TPP), a pact that is
vital to the U.S. economy, supporting global growth and spurring
job creation.
“TPP is a historic agreement that represents real market
opportunities for U.S. companies of all sizes and a chance for them
to compete on a more level playing field with local players,” said
David Abney, CEO of UPS. "We thank Ambassador Michael Froman,
Acting Deputy USTR Wendy Cutler, and TPP Chief Negotiator Barbara
Weisel for their tireless and genuine efforts to secure the best
possible trade deal for American companies, workers, and
consumers.”
The breakthrough deal represents nearly 40 percent of global GDP
from the Americas to Asia. The agreement aims to establish the
rules of trade for the 21st century and based on early summaries
provided to stakeholders, it encourages good regulatory practices,
promotes transparency, and addresses discriminatory practices
between state-owned and state-supported entities that compete with
the private sector.
“Each day, UPS alone handles six percent of U.S. GDP and two
percent of global GDP. TPP will help UPS customers across multiple
sectors by bringing down tariffs, accelerating the release of goods
through customs, and supporting the participation of small
businesses in regional and global supply chains,” Abney
continued.
UPS looks forward to working with lawmakers in Washington and in
their home districts to ensure a full understanding of the many
market-opening provisions of this agreement, and to highlight the
specific ways American businesses, particularly small- and
medium-sized businesses, can capture new export opportunities.
Additionally, UPS is hopeful that after a full review, the U.S.
Congress will vote to approve the agreement as soon as possible so
that American companies can begin to benefit from the economic
growth and jobs that it will spur.
About UPS
UPS (NYSE: UPS) is a global leader in logistics, offering a
broad range of solutions including the transportation of packages
and freight; the facilitation of international trade, and the
deployment of advanced technology to more efficiently manage the
world of business. Headquartered in Atlanta, UPS serves more than
220 countries and territories worldwide. The company can be found
on the Web at ups.com® and its corporate blog can be found at
Longitudes.ups.com. To get UPS news direct, visit
pressroom.ups.com/RSS.
Kara Ross
202-675-1725
karaross@ups.com
United Parcel Service (NYSE:UPS)
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