NEW YORK: Creating opportunities for San Diego businesses to grow and increasing our region’s global competitiveness are key to the future success of San Diego. When Congress passed the Trade Promotion Authority (TPA) earlier this summer, we gained a significant tool to negotiate trade agreements such as the Trans-Pacific Partnership (TPP), which help our companies, expand globally and grow our economy.
Congress could soon cast its vote to decide the fate of TPP, and we must encourage our San Diego delegation to vote in support of TPP and in support of San Diego businesses. As a port city, thousands of San Diego-area jobs rely on international trade, and our local innovation economy and many of our small businesses in a wide range of industries are dependent on the ability to export goods made in San Diego.
The TPP offers important opportunities for San Diego, the State of California and the United States to grow these numbers by providing enhanced access to some of our largest export markets. Among the 11 other countries throughout the Asia-Pacific region included in the TPP are some of San Diego’s largest trading and investment partners Mexico, Japan, Canada, Australia, Chile, New Zealand, Singapore and more representing a market of nearly 500 million consumers with a combined GDP of almost $12 trillion.
