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‘Irritated’ US Trade Chief Tells Europe to Wrap Up TTIP By End of This Year. TTIP Deal Alive And Well, Insists European Commission

  • There appears to be deep fractures between Germany/France and the European Commission/USA.
  • ‘Irritated’ US Trade Chief Tells Europe to Wrap Up TTIP By End of This Year
    by http://sputniknews.com/  
    Leading politicians in Germany and France are mistaken to say that TTIP is dead in the water, Washington’s Trade Representative Michael Froman told the German news website Der Spiegel.

    While leading politicians in France and Germany have said that the Transatlantic Trade and Investment Partnership (TTIP) agreement is effectively dead, US Trade Representative Michael Froman told Der Spiegel that his government is still confident an agreement will be signed by the end of the year.

    On Tuesday, French Trade Minister Matthias Fekl told radio station RMC that “there is no more political support from France in the negotiations,” and called on the European Commission to stop negotiations with the US. 

    “What France is demanding is the pure, simple and definitive halt of these negotiations,” Fekl said. On Sunday German Vice-Chancellor Sigmar Gabriel said that negotiations between the US and EU on the Transatlantic Trade and Investment Partnership (TTIP) had come to a halt, putting an end to the plan. 

    “In my opinion the negotiations with the United States have de facto failed, because we Europeans did not want to subject ourselves to American demands,” Gabriel, who is also Minister for Economic Affairs, told German broadcaster ZDF.

    However, on Wednesday an “irritated” Froman told Der Spiegel that TTIP is still very much alive, and contradicted Gabriel.

    “I do not share the assessment of Minister Gabriel. The reaction from the Chancellor’s office and the European Commission shows that they also see things differently. In trade talks, nothing is agreed until everything is agreed. Progress is not measured by how many negotiating chapters have been closed, but by whether both sides can find solutions to all problems,”

    Froman said, and expressed surprise at the negative discourse around TTIP in Europe. Froman said that TTIP negotiations have made good progress in some areas, and cited the lifting of customs duties as one area of agreement.

    “We are already agreed on the elimination of 97 percent of customs duties,” Froman said.  “We have agreed to harmonize the regulations and make them more transparent, and maintain high standards in health and safety, the environment and labor,” said Froman, listing some of the concerns expressed about the TTIP deal.

    read more.
http://www.telegraph.co.uk/business/2016/08/30/ttip-trade-pact-near-failure-as-france-demands-total-halt-to-us/

Click on image for article.

http://www.thenewamerican.com/economy/item/17201-us-eu-trade-pact-accelerates-economic-and-political-integration

Click on image for article.

http://www.thenewamerican.com/world-news/item/15952-transatlantic-danger-us-eu-merger-talks-underway-in-d-c

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http://www.theguardian.com/commentisfree/2013/dec/02/transatlantic-free-trade-deal-regulation-by-lawyers-eu-us

Click on image for article.

http://sputniknews.com/radio_connecting_the_pieces/20150424/1021330053.html

Click on image for article.

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September 1, 2016 - Posted by | Economics, EndTimes, GeoPolitics | , , , , , ,

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