German Support for TTIP Deal Falls Over Fears of US Domination…(Go Germany!!)
SputnickNews.com
23.03.2015
Germany’s deputy economic chancellor has pledged to prevent and stand firm against US protection clauses in the US-EU trade deal.
“What the SPD doesn’t want, won’t happen,” Sigmar Gabriel told newspaper Sueddeutsche Zeitung. He said that his party, the Social Democratic Party of Germany, known as Sozialdemokratische Partei Deutschlands (SPD), will prevent any clauses in the US-EU trade deal that go against the ideals of the SPD.
This includes protection clauses called for by the US in the Transatlantic Trade and Investment Partnership (TTIP) trade talks.
The Transatlantic Trade and Investment Partnership is a proposed free trade agreement between the European Union and the United States. The ‘partnership’ proposes to reduce barriers in the way for big business trade deals across the Atlantic.
The agreement between the European Union and the United States is scheduled to be finalised by the end of 2015. Critics of the TTIP agreement argue that the deal will increase the role and influence big corporations have over smaller states, driving down working conditions and environmental standards.
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