Jump to content
The Evolution of Gaga
economy

German economy minister says EU-US trade talks have failed


Luiz

Featured Posts

BERLIN (AP) — Free trade talks between the European Union and the United States have failed, Germany's economy minister said Sunday, citing a lack of progress on any of the major sections of the long-running negotiations.

Both Washington and Brussels have pushed for a deal by the end of the year, despite strong misgivings among some EU member states over the Trans-Atlantic Trade and Investment Partnership, or TTIP.

Sigmar Gabriel, who is also Germany's vice chancellor, compared the TTIP negotiations unfavorably with a free trade deal forged between the 28-nation EU and Canada, which he said was fairer for both sides.

"In my opinion, the negotiations with the United States have de facto failed, even though nobody is really admitting it," Gabriel said during a question-and-answer session with citizens in Berlin.

He noted that in 14 rounds of talks, the two sides haven't agreed on a single common item out of 27 chapters being discussed.

Gabriel accused Washington of being "angry" about the deal that the EU struck with Canada, known as CETA, because it contains elements the U.S. doesn't want to see in the TTIP.

"We mustn't submit to the American proposals," said Gabriel, who is also the head of Germany's center-left Social Democratic Party.

http://bigstory.ap.org/611ff828b5ed44d5ad56ab46e0781e52

I disapprove of what you say, but will defend to the death your right to say it.
Link to post
Share on other sites

FATCAT

The TTIP deserves to burn and die, and anyone that supports it should not be trusted.

This kitten over here (meow)
Link to post
Share on other sites

Politics. German and French elections next year. TTIP is very unpopular because people fear a supranational power that can sue governments, lower food safety  standards and lower environmental protection. We can expect TTIP negotiations to really take off again in 2018 and hopefully they'll have a fair deal like CETA by 2020.

Link to post
Share on other sites

DiscoStyx
2 minutes ago, FATCAT said:

The TTIP deserves to burn and die, and anyone that supports it should not be trusted.

THIS.

cause of death: gaga singing along perfect illusion on BBC Radio 1
Link to post
Share on other sites

6 minutes ago, FATCAT said:

The TTIP deserves to burn and die, and anyone that supports it should not be trusted.

Can you give me a short summary on TTIP/what it stands for :hor:

Link to post
Share on other sites

FATCAT
16 minutes ago, neptugne said:

Can you give me a short summary on TTIP/what it stands for :hor:

It's a shady trade deal that was almost fast tracked without any real idea of what was in it, it's content she weren't public and it was sponsored by corporations. It became public, and there was almost NOTHING that would benefit working class citizens or business owners in general, only large multi-national corporations and their CEO's. It would also have allowed businesses to SUE the government if the they created a law that restrict profits by outlawing something. Basically, if say a tobacco company "lost profits" because the tax on tobacco went up, they could sue.

This kitten over here (meow)
Link to post
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...