2015 CSG National Conference

The U.S. recently concluded a free trade agreement with countries along the Pacific Rim. It’s the largest and most ambitious free trade agreement of its kind and is estimated to generate thousands of new jobs in America.

The Trans-Pacific Partnership, or TPP, is a multilateral trade agreement with 11 other nations: Australia, Brunei, Chile, Canada, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. These nations collectively have a market size of nearly 800 million consumers and account for nearly 40 percent of the world’s gross domestic product.

Aligning jobs with workers who possess the skills to succeed is a challenge that calls for solutions from K-12 and postsecondary systems and employers. Policymakers, education experts and industry leaders discussed emerging innovations in postsecondary education and its successful alignment with workforce development. Specific policy areas addressed included personalized learning, competency-based education, career pathways and flexible routes to college completion. Attendees also came together on a dialogue on best practice strategies and exemplary policy opportunities at the state and institutional levels.

The United States and 11 other nations announced in October that they had reached an agreement on the multilateral trade agreement known as the Trans-Pacific Partnership, or TPP. These nations collectively have a market size of nearly 800 million consumers and account for nearly 40 percent of the world’s gross domestic product. Exports of U.S. goods to TPP nations totaled $698 billion in 2013, or about 45 percent of total U.S. exports, and a finalized deal would yield even greater trade with TPP countries. A 2012 analysis by the Peterson Institute for International Economics estimated that a TPP agreement could generate nearly $124 billion in new U.S. exports to those nations. During this session, experts from the Office of the United States Trade Representative and the United States Department of Commerce discussed the details of the TPP agreement and what it means for your state.

Pages