Protesters rally against the TTIP and CETA free trade agreements, April 2016 [Image: Getty].

Protesters rally against the TTIP and CETA free trade agreements, April 2016 [Image: Getty].


This seems good news, but keep your wits about you; this kind of story usually appears right before an agreement is announced.

The free trade negotiations between the European Union and the United States have failed, but “nobody is really admitting it”, Germany’s Vice-Chancellor Sigmar Gabriel has said.

Talks over the so-called Transatlantic Trade and Investment Partnership, also known as TTIP, have made little progress in recent years.

The 14th round of negotiations between American and EU officials took place in Brussels in July. It was the third round in six months.

He said that during the talks neither side had agreed on a single common chapter out of the 27 being deliberated.

He further denounced the TTIP negotiations, saying the free trade deal proposed between the EU and Canada – the Comprehensive Economic and Trade Agreement (CETA) – was fairer for all parties.

Critics say one of the main concerns with TTIP is that it could allow multinational corporations to effectively “sue” governments for taking actions that might damage their businesses.

Source: TTIP has failed – but no one is admitting it, says German Vice-Chancellor | Europe | News | The Independent

ADVERT




Join the Vox Political Facebook page.

If you have appreciated this article, don’t forget to share it using the buttons at the bottom of this page. Politics is about everybody – so let’s try to get everybody involved!

Vox Political needs your help!
If you want to support this site
(
but don’t want to give your money to advertisers)
you can make a one-off donation here:

Donate Button with Credit Cards

Buy Vox Political books so we can continue
fighting for the facts.

Health Warning: Government! is now available
in either print or eBook format here:

HWG PrintHWG eBook

The first collection, Strong Words and Hard Times,
is still available in either print or eBook format here:

SWAHTprint SWAHTeBook