Fair Trade

October 05, 2015

Statement by Retiree Leader Richard Fiesta on the Transpacific Partnership Trade Agreement

“The Alliance for Retired Americans is disappointed by the conclusion of the TPP negotiations in Atlanta. The media reports coming out of Atlanta suggest that this agreement protects corporations at the expense of working families and retirees.

“We are particularly concerned by the extremely lengthy time periods that life-saving biologics, specialty drugs that treat cancer, arthritis and other serious conditions, would be eligible for patent protections which drive up costs for seniors and all Americans. Americans already pay the highest prices for prescription drugs in the world. We will urge members of Congress to oppose the TPP if this deal will further increase drug prices.”

For more information on the Alliance, visit www.retiredamericans.org.

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Contact: Lisa Cutler 202-637-5394, lcutler@retiredamericans.org

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