Lord Jopling – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Lord Jopling on 2016-05-18.

To ask Her Majesty’s Government, further to the Written Answer by Lord Price on 10 May (HL8062), whether that answer assumes that the United States Congress will accept a fast-track” procedure for ratifying the Transatlantic Trade and Investment Partnership; and what assessment they have made of the likelihood of such a procedure being either endorsed or withdrawn by the new Congress in 2017.”

Lord Price

Legislation to re-authorise Trade Promotion Authority (TPA) – sometimes called “fast track” – the Bipartisan Congressional Trade Priorities and Accountability Act of 2015, was signed into law by President Obama on 29 June 2015. It will apply to certain international trade agreements – including the Transatlantic Trade and Investment Partnership – if agreement is reached before 1 July 2018.