CropLife America Applauds Passage of Trade Promotion Authority Bill
WASHINGTON, DC – CropLife America (CLA) commends Congress for passing the Trade Promotion Authority (TPA) bill. TPA provides the U.S. with better access to foreign markets and gives President Obama the ability to complete the Trans-Pacific Partnership (TPP) trade pact and other in-progress trade agreements that are important for the crop protection industry.
Current TPP negotiations include critical issues for the crop protection industry, such as: protection of intellectual property rights, coordination and acceptance of Codex pesticide Maximum Residue Levels (MRLs) to facilitate global trade of agricultural commodities, and the immediate or expedited elimination of remaining chemical tariffs which directly impact trade in pesticide chemical company intermediates. A resolution of these and other issues would have a direct benefit to global agricultural trade and productivity.
“CLA applauds the House and the Senate for setting the stage for transparent trade agreements that benefit our economy, our businesses and our farmers,” stated Jay Vroom, president and CEO of CLA. “The agricultural marketplace remains a strong aspect of the U.S. economy, and the passage of the TPA helps ensure that the agriculture and crop protection industries have a place in global trade.”