News Room

Statement By Francine Lamoriello Executive Vice President, Global Strategies On Trade Promotion Authority Legislation Signed Into Law

June 29, 2015

Contact:  Lisa Powers, (202) 466-0489 or Hayley James, (202) 454-0302

Washington, DC – “The Personal Care Products Council applauds Congress for passage of Trade Promotion Authority (TPA) legislation.

“We now look forward to continued progress and finalization of the Trans Pacific Partnership (TPP) and Trans-Atlantic Trade & Investment Partnership Agreement (TTIP) – these agreements will provide new opportunities for enhancing the global beauty trade. The TPP Agreement is the first trade agreement that will include specific regulatory coherence provisions for cosmetics and personal care products. These commitments will help American cosmetics and personal care products companies deal with technical regulatory trade barriers that impede our industry’s ability to provide safe, innovative products in a timely fashion to consumers around the world.

“We believe trade agreements such as TPP and TTIP will contribute to significant export growth for the U.S. cosmetics and personal care sector, especially by small and medium sized companies.

“As a dynamic sector of our nation’s economy, our industry is a leader in exports and heavily depends on trade – in 2013, exports exceeded $11 billion. In addition to global companies, our industry also is comprised of small and medium-sized companies, and such free trade agreements as TPP and TTIP will offer new opportunities for these companies to expand their global reach while creating more jobs in the United States.”

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Based in Washington, D.C., the Personal Care Products Council is the leading national trade association representing the global cosmetic and personal care products industry. Founded in 1894, the Council's more than 600 member companies manufacture, distribute, and supply the vast majority of finished personal care products marketed in the U.S. As the makers of a diverse range of products millions of consumers rely on every day, from sunscreens, toothpaste and shampoo to moisturizer, lipstick and fragrance, personal care products companies are global leaders committed to product safety, quality and innovation.