Title slide

WHY THE TRANS-PACIFIC PARTNERSHIP MATTERS TO SMALL BUSINESSES

Standard interior slide

nrf.com/trade

TRANS-PACIFIC PARTNERSHIP

The Trans-Pacifi c Partnership is an agreement among 12 countries (Australia, Canada, Japan, Malaysia, Mexico, Peru, the United States,Vietnam, Chile, Brunei, Singapore and New Zealand) to make it easier to trade goods and services with each other. The agreement, as negotiated, brings a lot of benefi ts to the U.S. economy, including retailers. But it’s not just an agreement for large businesses. In fact, TPP includes provisions that will strongly benefi t small retail businesses as well. Ultimately, employees and consumers will benefi t the most from the opportunities under TPP.

Standard interior slide

nrf.com/trade

1.OPENS UP E-COMMERCE

A commitment to allow data to fl ow freely (subject to security and privacy protections) between companies and consumers regardless of where they are located.

Standard interior slide

nrf.com/trade

2. OFFERS OPPORTUNITY TO LOWER PRICES FOR CUSTOMERS

TPP will, over a period of time, eliminate almost all tariff s (hidden taxes) on qualifying consumer goods from participating countries.

Standard interior slide

nrf.com/trade

3. REDUCES RED TAPE AND BARRIERS

Electronic customs forms, authentication and signatures for commercial transactions and agreements will mean less red tape – and less cost – for small retailers taking advantage of global trade.

Standard interior slide

nrf.com/trade

4. TARGETED ASSISTANCE FOR SMALL AND MEDIUM-SIZED BUSINESSES

Participating countries will launch dedicated websites and form a Small and Medium-Sized Enterprises Committee specifi cally designed to help small and medium-sized businesses take advantage of global trade.

Standard interior slide

5. ENSURES RIGOROUS SAFETY AND ENVIRONMENTAL STANDARDS

nrf.com/trade

All participating countries are required to adopt safe and humane labor practices (e.g. no child or forced labor, guaranteed ability of

workers to collectively bargain), to protect endangered species and the environment, and to adopt food safety standards more in

line with standard.

nrf.com/trade

Standard closing slide

Learn more about trade and its impact on the retail industry: