NMPF, USDEC Reviewing Much-Anticipated Full Text of TPP Agreement
November 6, 2015
The Obama administration released the much-anticipated full text of the Trans-Pacific Partnership trade agreement in early November. It includes thousands of tariff lines, hundreds of new rules, new chapters on Sanitary & Phytosanitary requirements, and a whole new chapter on protecting common food names. In addition, there are several side letters with exemptions, clarifications and concessions.
NMPF and the U.S. Dairy Export Council are carefully reviewing the dairy provisions, which are extremely important since nearly 14 percent of all U.S. milk production is now exported. “Until the details have been fully assessed, we are unable to determine the full impact of the agreement on the dairy industry and whether or not we recommend that members of Congress support it,” they said.
NMPF and USDEC expressed appreciation to U.S. trade negotiators for their work on the long-pending, 12-nation agreement. They also thanked the House and Senate members who joined the dairy industry in supporting a balanced outcome to the agreement’s dairy provisions.