The German Minister of Economy and Vice-Chancellor, Mr. Sigmar Gabriel, a few days ago has declared that the European Union should not submit to the demands of the United States, referring to the negotiations on the TTIP (Transatlantic Trade and Investments Partnership). He said the negotiations failed. By saying so, he joined French Prime Minister, Manuel Valls, as well as French Secretary of State for External Trade, Mr. Matthias Fekl.
Negotiations started in 2013. After 14 ‘rounds’ of talks dealing with 27 points, no agreement has been reached, none whatsoever, leading to the conclusion that the deal is dead. Even though Mme. Merkel defended the treaty with all her heart up to the end of July 2016, both Germany and France now request a definite end to the negotiations.
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