For Germany the TTIP is definitely “failed” – The Republic

MILAN – Recently, there were many skeptical voices raised on the big trade agreement between Italy and the United States, the TTIP. For the experts it was already in the air for some time closure (for now) of the curtain on the story, too mired in different positions between the two sides of the Atlantic and between electoral requirements that encourage the bracketing of a thematic as well spinosa, which can raise strong opposition from several layers of civil society.

De profundis of the transatlantic treaty comes directly from the vice chancellor and German Economy Minister Sigmar Gabriel, in an interview the public television network ZDF , found that “the talks with the uS are in fact failed because we Europeans, of course, we must not succumb to American demands: nothing is moving forward.”

the Transatlantic trade and investment partnership (precisely known as the TTIP) was established to create the largest free trade area in the world. But negotiations have bogged down over the terms of the agreement, as well as on the following shocks to vote for Britain to leave the EU and the growing opposition to an agreement in France and Germany. Factors, the latter they do raise serious doubts about the possibility of reaching an agreement by the end of the year, as hoped.

The investigation. The global treaty that frightens the world

Activists who opposed the TTIP from the start of negotiations in 2013 claim that the deal could benefit only the multinationals and harm consumers. The French Prime Minister, Manuel Valls, said it would be “impossible” for the two sides to conclude the negotiations for a trade agreement by the end of 2016. Behind the scenes, senior diplomats have told AFP that talks may be suspended until after the US presidential elections in November, as well as after the elections in France and Germany next year.

in the interview Gabriel has shown more optimistic about a Canada-EU free trade agreement, which he called “a big step forward,” adding that he would fight for its ratification. The agreement known as Ceta was formally concluded in 2014 and requires the approval of 28 EU member states and the European Parliament.

Topics:

TTIP

trade

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