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NEW UPDATES Asean Affairs  26 June 2015  

US-ASEAN Business Council Applauds Vote for Cloture on Trade Promotion Authority

(Washington, D.C.) – The US-ASEAN Business Council applauds the June 23 vote in the U.S. Senate for cloture on Trade Promotion Authority (TPA).  The Council strongly hopes that the bipartisan, bicameral collaboration that advanced this bill will soon be successfully completed with a final Senate vote and signed into law by President Obama.

The Council sees TPA as an essential step for U.S. business’ abilities to engage the dynamic economies of ASEAN and other U.S. global trading partners over the coming decades.  In recent weeks, our colleagues from ASEAN countries, along with trade ministers from U.S. negotiating partners in the Trans-Pacific Partnership (TPP), have stated that TPA must be in place to successfully conclude a high-standard TPP.  The Council agrees with these key economic partners that the vote for cloture on TPA brings the TPP negotiations closer to conclusion.

 “U.S. partners in the TPP, including the ASEAN nations Brunei, Malaysia, Singapore, and Vietnam, are some of the most attractive export destinations for the 150 member companies of the Council,” said Council President and CEO Alexander Feldman.  “TPA will facilitate the conclusion of a successful TPP, an agreement which includes more than 40% of global GDP. TPP is a fundamental component of American economic growth, job creation, the rebalance to Asia, and economic positioning in ASEAN.”

The TPA legislation voted on today includes the most forward-thinking U.S. trade negotiating objectives in history.  Negotiators’ increased focus on modern trade issues such as forced localization practices, digital data management and state-owned enterprises makes this bill to extend executive-legislative cooperation on trade negotiations a robust foundation for U.S. economic diplomacy.

“The Council believes that in addition to TPP, the vote for cloture on TPA will benefit U.S. companies in other multilateral trade and investment negotiations such as the Transatlantic Trade and Investment Partnership and the Trade in Services Agreement,” Feldman added.  “When concluded and combined with the TPP, these agreements will place the U.S. in the best possible position to engage trading partners across the globe.”

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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