AHC Applauds Passage of TPA Legislation, Encourages Bipartisan Resolution on TAA
Washington, D.C. (June 16, 2015) –The Alliance for Healthcare Competitiveness (AHC) today commended passage of Trade Promotion Authority (TPA) legislation by the U.S. House of Representatives, but expressed disappointment in the failure to also pass Trade Adjustment Assistance (TAA) legislation. AHC urges Members of Congress to support the passage of TAA as soon as possible in order to allow both TPA and TAA to be signed into law.
TPA represents a critical framework for ensuring that the U.S. trade agenda is robust and ambitious, and will pave the way for important trade agreements that improve access to life-saving medical goods and services for millions of patients while creating jobs and growing the economy in the U.S. and around the world. TPA legislation addresses areas that are of particular importance to the healthcare sector, such as non-tariff barriers to U.S. goods and services, restrictions on cross-border data flows and investment, fair competition with state-owned enterprises, and other measures that raise international standards and create a level playing field for the U.S. TPA would also enhance procedures to ensure public input and Congressional oversight on U.S. trade negotiations, and would be a vital tool as Trans-Pacific Partnership (TPP) and Transatlantic Trade and Investment Partnership (TTIP) negotiations continue.
AHC is pleased that Congress has shown TPA to be legislation of particular importance, and we hope that leaders in both parties will continue to work together to reach an agreement that will ensure the enactment of TPA in the near future.
The Alliance for Global Health and Competitiveness, LLC is a multi-stakeholder initiative (MSI) of the Business Council for Global Development, LLC.