Dear Mr. Smith:
Thank you for contacting me about the Trans-Pacific Partnership. I appreciate hearing from you and am grateful for the opportunity to respond.
As you may know, the Trans-Pacific Partnership is an agreement between the United States and Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, and Vietnam. Combined, these eight countries make up the fourth largest export market for the United States. There have been several issues raised in the nine rounds of negotiations, including intellectual property rights and regulatory coherence.
Even though the United States has signed onto this agreement, Congress still must approve it as well as any implementing legislation. I will continue to work with my colleagues in the Senate to ensure that legislation related to the Trans-Pacific Partnership is crafted openly in a way that will be advantageous to both American industries and American consumers.
Reducing barriers to trade with other countries not only allows for greater diversity within the American marketplace, but opens up new and bigger markets for American goods and services. I believe that we must work to grow the U.S. economy at home as well as abroad. As a member of the Senate Foreign Relations Committee, I am keenly aware of the need for the United States to be politically and economically engaged with other nations as we grow our economy, bolster national security, and maintain and increase our influence. We cannot afford to waste any time in this increasingly competitive, interconnected, and global economy. Rest assured, I will keep your thoughts in mind as the Senate works on issues related to U.S. trade relations.
Thank you again for contacting me. Please visit my webpage at http://isakson.senate.gov/ for more information on the issues important to you and to sign up for my e-newsletter.
United States Senator