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TTIP talks between EU and US de facto failed: German Minister

by ChemOrbis Editorial Team - content@chemorbis.com
  • 31/08/2016 (14:07)
According to media reports, Germany’s Economy Minister Sigmar Gabriel said on Sunday that the negotiations for the Transatlantic Trade and Investment Partnership (TTIP) deal between the European Union (EU) and the United States have de facto failed. The EU and the US had started talks regarding TTIP in July 2013 and since then, 14 rounds of talks have been held.

“In my opinion, the negotiations with the United States have de facto failed, even though nobody is really admitting it,” said the Minister.

However, Germany’s chancellor Angela Merkel’s spokesman reported that although Europe and the US still disagree over certain parts of the deal, the talks are not over yet.

Meanwhile, there are some concerns among people both in the EU and the US regarding the deal. According to recent surveys, the public view from both sides point out some concerns including declines in consumer and labour protection, environment standards as well as the secrecy of the negotiations.
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