Trans-Pacific Partnership a 'Vital Tool' for Promoting Innovation, ITI Says

The Information Technology Industry Council supports the Trans-Pacific Partnership, it said in a policy position statement released Monday. ITI called the trade agreement a "vital tool to promote durable growth and innovation" and to expand the "social and economic benefits" of the digital economy, and lauded provisions in the deal on cross-border data flows, information and communications technology market access, strong and balanced intellectual property rules and regulatory transparency. "After reviewing the agreement, we have decided to support the TPP, because it offers tremendous growth and innovation opportunities for the technology sector and our economy," ITI CEO Dean Garfield said. TPP "will promote an open, pro-innovation environment for the digital economy globally" and is a "strong rebuke against digital protectionism," ITI said.