10 Reasons why the Transatlantic and Trans-Pacific Partnerships are Good for America
6. TPP Will Enhance Trade and Investment
The main purpose of the TPP is to enhance trade and investment among the partner countries, to promote innovation, economic growth and development, and to support the creation and retention of jobs.
TPP seeks comprehensive market access by eliminating tariffs and other barriers to goods and services trade and investment, so as to create new opportunities for American workers and businesses and immediate benefits for our consumers.
The partnership will facilitate the development of production and supply chains among TPP members, which will support the goals of job creation, improving living standards, and promoting sustainable growth among member countries.
Trans-Pacific Partnership will promote trade and investment in innovative products and services, including the digital economy and green technologies, and will ensure a competitive business environment across the TPP region.
