Date
21 October 2017
Sigmar Gabriel is accusing Washington of  being“angry about a deal that the EU struck with Canada because it contains elements the US doesn’t want to see in the TTIP. Photo: awdnews.com
Sigmar Gabriel is accusing Washington of being“angry about a deal that the EU struck with Canada because it contains elements the US doesn’t want to see in the TTIP. Photo: awdnews.com

German minister: Transatlantic trade talks have collapsed

The United States and the European Union have broken off talks on a  free trade agreement, citing lack of progress on major sticking points.

Washington and Brussels have pushed for a deal by the end of the year, despite strong misgivings among some EU member states over the Trans-Atlantic Trade and Investment Partnership (TTIP), AP reports. 

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

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.

He said that in 14 rounds of talks, the two sides have not agreed on a single common item out of 27 chapters being discussed.

Gabriel accused Washington of being “angry” about the deal that the EU struck with Canada because it contains elements the US doesn’t want to see in the TTIP.

“We mustn’t submit to the American proposals,” said Gabriel, who is also the head of Germany’s center-left Social Democratic Party.

Gabriel’s ministry is not directly involved in the negotiations with Washington because trade agreements are negotiated at the EU level.

But such a damning verdict from a leading official in Europe’s biggest economy is likely to make further talks between the EU executive and the Obama administration harder.

Gabriel’s comments contrast with those of Chancellor Angela Merkel, who said last month that TTIP was “absolutely in Europe’s interest”.

Popular opposition to a free trade agreement with the United States is strong in Germany. Campaigners have called for nationwide protests against the talks on Sept. 17 — about year before Germany’s next general election.

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