EU-US talks on TTIP will likely halt, as Europe offers more than gets in return – French minister
RT.com
3 May, 2016
Washington wants the all-encompassing TTIP trade deal with Europe to go through, but is unwilling to budge on many points, jeopardizing the entire talks, France’s trade minister said a day after negotiation papers were leaked by Greenpeace.
The Transatlantic Trade and Investment Partnership has been discussed behind closed doors since 2013. It will affect a trade zone inhabited by 850 million people, and has received staunch criticism from many Europeans, who believe it is not in their best interest.
“In view of the United States’ state of mind today, that seems to be the most likely option,” trade secretary Matthias Fekl said on Europe 1 radio, when answering if he thought the negotiations were in danger of stopping.
“We want reciprocity. Europe offers a lot and gets very little in return. This is not acceptable,” Fekl said. “It is an agreement which, as it would be today, would be a bad deal… “It can not be agreed without France and even less against France,” he added.
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