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Rumor Mill News Reading Room, Current Archive

German Vice Chancellor says that the key trade talks between US and EU have failed - meaning there will no be TTIP

Posted By: IZAKOVIC
Date: Sunday, 28-Aug-2016 12:48:15
www.rumormill.news/55111

German Vice Chancellor says that the key trade talks between US and EU have failed

It is a long-term negotiations on free trade between Europe and the US

http://www.telegram.hr/politika-kriminal/njemacki-vicekancelar-otkrio-da-su-propali-kljucni-trgovinski-pregovori-sad-a-i-eu/

Tatjana Vlasic
http://www.telegram.hr/autor/tajana/

German Vice Chancellor Sigmar Gabriel said that a free trade agreement between Europe and the United States, known as TTIP, failed, but this fact no one has no one yet acknowledged, reports the Independent. He revealed that in 14 rounds of negotiations the two sides failed to reach agreement on any of the 27 chapters of the proposed agreement.

The last, 14th round of talks, held in Brussels in July and this was the third attempt at an agreement in the last six months. After these talks, it was clear that there are problems, a number of European leaders expressed concern that the US is not ready to accept changes in the proposed agreement.

The last round of negotiations in Brussels

Gabriel, who is also the German Minister of Economy, said that now, in his opinion 'negotiations with the United States did not succeed, even though no one really wants to admit it.'

TTIP has officially failed, according to one of the key officials negotiating it https://t.co/AxvILNH8w2

- The Independent (@Independent) August 28, 2016

He also mentioned that the CETA, economic and trade agreement between Europe and Canada is more equitable for all parties, than what is offered in the TTIP.

---

IZAKOVIC



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AN EXPLANATION OF THE FACTIONS