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August 29, 2016

German Economy Minister Says EU-US Trade Talks Have Failed

 |  By: Associated Press

Free trade talks between the European Union and the United States have failed, Germany's economy minister said Sunday, citing a lack of progress on any of the major sections of the long-running negotiations.

Both 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, or TTIP.

Sigmar 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.

Read more at www.agweb.com.

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