Trans Pacific Partnership
Quote from Randy Veach, president, Arkansas Farm Bureau regarding the Trans Pacific Partnership.
We are pleased the negotiations about the Trans Pacific Partnership have concluded. As a member of the USDA/USTR trade advisory committee, I know how challenging this process has been.
TPP offers a rare opportunity to open markets around the Pacific Rim that have been previously restricted. We are hopeful the details of the agreement will bear that out.
Almost all of the commodities we raise in Arkansas could experience some additional opportunities from this agreement.
Until we have had the opportunity to review those details for how it might impact Arkansas farmers and ranchers and the commodities we raise, though, it is premature to express support or opposition to the Trans Pacific Partnership.
Because of the passage of trade promotion authority, Congress has the opportunity to vote yes or no on this agreement.