TechNet Backs TPP as Economic Growth, Job Creation Driver

The Trans-Pacific Partnership supports U.S. technology leadership globally and will be a driver for economic growth and job creation, TechNet said in a news release Monday. TechNet urged Congress to approve TPP, identifying "key provisions" that are important to the technology sector, including "rules and regulations to increase fair competition and consumer protection in the tech sector," guarantees of "nearly unrestricted" cross-border data flows, prohibitions against "forced localization" of data and the elimination of tariffs and duties on digital products. "Our nation's ability to continue to lead in this [technology] sector is dependent on access to the fastest growing markets in the world and the uninhibited flow of data across borders," said TechNet CEO Linda Moore.