Today, the Software & Information Industry Association (SIIA) joined other groups in announcing its support for the Trans-Pacific Partnership Agreement (TPP) and urges Congress to approve it after the Administration submits the agreement in a timely fashion.
SIIA specifically pointed to the cross-border data provisions within the agreement in its expression of support. TPP serves as a strong point of reference for data flow provisions being negotiated in future agreements, as was also mentioned in a blog released in November. These provisions go a long way in maximizing the potential of the digital economy.
SIIA Senior Vice President for Public Policy, Mark McCarthy said the following in his statement:
“The agreement contains modern cross-border data flow provisions that are critical to today’s global economy. These provisions oblige members to permit data flows and forbid server localization. TPP’s cross-border data flow trade provisions are a clear step forward compared to existing current trade agreements. They should serve as a floor and be strengthened additionally in the Trade in Services Agreement and Transatlantic Trade and Investment Partnership negotiations.”
While SIIA throws its support behind TPP, it is also worth noting that there are legitimate concerns regarding the agreement. This is why SIIA also urges the Administration to work with Congress and stakeholders to address issues so that TPP can move forward.