OIA Board of Directors Approves TPP Statement of Support
Covering 40 percent of the global gross domestic product (GDP), the TPP is one of the most ambitious free trade agreements in history, It will have a significant impact on the bottom lines of outdoor manufacturers, retailers and suppliers.
Outdoor Industry Association’s Board of Directors has approved a formal position statement in support of the Trans-Pacific Partnership (TPP), a free trade agreement negotiated by the U.S. and 11 Pacific partners.
Four OIA Board members voted against the statement and oppose TPP, including Patagonia.
“TPP is a groundbreaking trade agreement that will help lower costs on outdoor apparel, footwear and equipment, fuel innovation and job growth and create new markets for ‘Made in USA’ products,” said OIA Executive Director Amy Roberts. “Just as important, the TPP requires tough standards and enforcement on labor rights and the environment, a great step forward for U.S. trade policy. We want to thank the Obama administration for their attention to the outdoor industry’s priorities throughout this process, and we urge Congress to pass TPP.”
Covering 40 percent of the global gross domestic product (GDP), the TPP is one of the most ambitious free trade agreements in history, and it will have a significant impact on the bottom lines of outdoor manufacturers, retailers and suppliers.
While timing is still unclear, TPP is not likely to come before Congress for a vote until after the November elections.
OIA was a stakeholder in the TPP negotiations from day one, representing our balanced trade policy and the interests of the outdoor industry to ensure substantial benefits that include
- Eliminating U.S. tariffs on certain outdoor products not made in the United States, while securing long tariff phase-outs and strict trade rules on outdoor products that are made domestically. These protections are necessary to give domestic producers adequate time to adjust to post-TPP global trade.
- Expanding access to global markets for U.S. manufacturers.
- Protecting innovation on products designed, distributed or manufactured in the United States.
- Protecting the environment and labor rights in TPP countries.