Sunday, August 28, 2016

German economy minister says EU-US trade talks have failed

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 .... http://bigstory.ap.org