Article source
The Atlantic
Article date
Sat, Aug 27, 2016
Negotiations between the U.S. and EU members over the proposed Transatlantic Trade and Investment Partnership “have de facto failed,” Germany’s economic minister said Sunday.
Sigmar Gabriel, the country’s minister for economic affairs, told German broadcaster ZDF “nobody is really admitting” the failure of TTIP discussions, but also that “nothing is moving.”
American and European diplomats have spent three years so far negotiating the agreement, which would be the world’s largest trade agreement if brought into being. The proposed treaty spans 27 chapters, covering issues ranging from anti-corruption measures and intellectual-property protections to market access and trade barriers. Read more