As the capstone of an immensely successful European trip, NAM President and CEO Jay Timmons delivered remarks last night at an event hosted by Germany Trade and Invest as part of Hannover Messe. As the world’s largest industrial fair, Hannover Messe and brings together industrial and government leaders from across the globe. These leaders heard Timmons’ clear message on the importance of the economic relationship between Germany and the United States and the significance that manufacturing plays. Timmons noted that the Transatlantic and Trade and Investment Partnership (T-TIP) is a vital component to advance these partnerships and promote innovation, jobs and growth. You can read his full remarks here.
He spoke extensively about the important issues to tackle in the T-TIP negotiations, from regulatory cooperation and market access to intellectual property, investment and cross-border data flows. These issues will take resolve and persistence, but can be achieved if leaders and business on both sides of the Atlantic are tenacious and vocal in their quest for an agreement that will eliminate unnecessary and duplicative barriers and set in place a next generation trade agreement that can set global standards to enable the future of manufacturing.
Manufacturers are ready for the 4th Industrial Revolution and the policies Timmons discussed at Hannover Messe are critical to making it happen. The NAM will continue to build these relationship overseas because they represent the pathway to growth.
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