Distilled Spirits Council Welcomes Conclusion of TPP
October 05, 2015
WASHINGTON, DC – The Distilled Spirits Council welcomed the conclusion of negotiations on the Trans-Pacific Partnership (TPP) announced earlier today by trade ministers in Atlanta. The Council has supported efforts to conclude high-standard, ambitious and comprehensive trade agreements to open markets for U.S. spirits.
“We applaud the tireless efforts of the U.S. negotiating team to secure this historic agreement, and we look forward to reviewing the details of the agreement as soon as they are made available,” said Christine LoCascio, Senior Vice President, International Trade and an official advisor to the Office of the United States Trade Representative, which negotiated the TPP.
Global U.S. spirits exports were valued at over $1.5 billion in 2014, representing the sixth straight year of record exports.
“American spirits are in the midst of a global boom with U.S. brands from both large and small distillers exported to as many as 130 countries around the world. Comprehensive and market-opening trade deals create jobs, grow the economy and are good policy for the United States,” said LoCascio.