Orrin Hatch: “I rise today to say a few words about the latest developments in international trade. As most of my colleagues know…”

“I rise today to say a few words about the latest developments in international trade. As most of my colleagues know, this week officials from the Obama administration are meeting in Atlanta with representatives from our negotiating partners in the proposed Trans-Pacific Partnership, or TPP. Many reports indicate that our trade negotiators are hoping to conclude talks and finalize a deal over the next few days. Now, as the Presiding Officer is aware, I was an original author of the legislation that renewed trade promotion authority, or TPA, earlier this year. I fought extremely hard to renew TPA because I believe it is an absolutely essential tool to ensure we get the very best trade agreements possible. For years I have been one of the most outspoken proponents in Congress for full engagement in the various trade agreements that have been under negotiation, including the TPP. A strong Trans-Pacific Partnership Agreement could greatly enhance our Nation's ability to compete in an increasingly global marketplace and result in a healthier economy and more high-paying jobs that come with increased U.S. trade. After all, when we are talking about the 12 countries currently taking part in these negotiations, we are talking about 40 percent of the global economy. As a group, TPP countries represent the largest market for our goods and services exports. Trade with these countries already supports an estimated 4 million U.S.…”