Secretary of Defense Ash Carter applauds the efforts on “Bipartisan Congressional Trade Priorities and Accountability Act of 2015,” stating that “I never forget that our military strength ultimately rests on the foundation of a vibrant and growing economy.” This act will give the Obama administration more leeway to conclude and finalize negotiations for the Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP) agreements.
Secretary Ash urges congress to pass Trade Promotion Authority. Besides providing the U.S. with increased economic prosperity, Ash also touts the strategic value of the two trade agreements.
“TPP and TTIP also make strategic sense for our country. The agreements would help us promote stability and security in critical regions of the world by deepening our alliances and partnerships abroad, reinforcing American global leadership and engagement, and promoting a global order that reflects both our interests and our values.”
ASP hosted a half-day conference yesterday on the geopolitical aspects of TTIP. The strategic value of this trade agreement is enormous. Our keynote speaker and panelists delved deeply into the geopolitics of the U.S.-EU relationship and the wider implications that TTIP might have on multilateral trade regimes and the international rules-based order. Please visit our website as we will be uploading the recording of this conference soon. In the meantime, see our related works on the geopolitics of trade.