chances of euus trade pact fading
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

TTIP aims to ease non-trade

Chances of EU-US trade pact 'fading'

Arab Today, arab today

Arab Today, arab today Chances of EU-US trade pact 'fading'

French Minister of State for Foreign Trade Matthias Fekl
Paris - AFP

The chances of reaching agreement over an ambitious US-EU free trade deal are "fading", France's minister of state for foreign trade said on Tuesday.

Asked about the likelihood of such a deal being reached before the end of US President Barack Obama's term in January 2017, Matthias Fekl told France's RTL: "No, I don't think so. The likelihood, or risk, of reaching any accord is fading."

His remarks were made a day after US and European negotiators began a 13th round of talks on the Transatlantic Trade and Investment Partnership (TTIP) in New York, which are expected to last a week. 

Fekl is France's envoy to the talks.

TTIP aims to ease non-trade barriers and harmonise bureaucratic rules that impede commerce and investment between the European Union and the United States. 

Should the agreement succeed, it would create the world's largest free-trade zone. 

Earlier this week, US President Barack Obama and German Chancellor Angela Merkel made a joint pitch for more transatlantic trade, vowing to complete the US-EU pact in the face of mounting opposition in Europe.

On the eve of his visit, tens of thousands of people demonstrated in Germany against the proposed pact which has raised fears it would erode ecological and labour market standards, and in protest over the secrecy shrouding the talks. 

TTIP also face a threat in the form of a British referendum on exiting the EU which is to take place in June. 

As one of the largest trading economies of the bloc, Britain would play a major role in the pact, but if it votes to leave the EU, it could deal a devastating blow to TTIP's prospects. 

It has also invoked growing anti-free trade talk in the US presidential election race and growing suspicions among the American public because details of the talks are secret. 

Source :AFP

arabstoday
arabstoday

GMT 06:18 2017 Tuesday ,12 December

Markets extend rally on jobs data

GMT 11:39 2016 Thursday ,29 December

US acting as global policeman

GMT 10:53 2016 Wednesday ,28 December

Nasdaq hits record, Toshiba plunges

GMT 10:34 2016 Wednesday ,21 December

VW reaches $1bn compensation deal
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

chances of euus trade pact fading chances of euus trade pact fading

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

chances of euus trade pact fading chances of euus trade pact fading

 



GMT 12:48 2016 Sunday ,27 November

Cilic, Dodig push Croatia to brink of Davis Cup

GMT 05:24 2017 Thursday ,28 December

Erdogan says 'terrorist' Assad cannot be part of Syria

GMT 12:59 2016 Saturday ,05 November

WB welcomes economic reforms in Egypt

GMT 18:40 2016 Saturday ,05 November

Egyptian GDRs in London down

GMT 10:57 2017 Wednesday ,06 December

Peru striker Guerrero has doping ban extended

GMT 17:51 2017 Tuesday ,07 March

Trump Signs New Travel Ban on Six Muslim Countries

GMT 10:30 2017 Wednesday ,06 September

Saudi Information Ministry praises media role during Hajj

GMT 15:29 2017 Tuesday ,24 January

Mind games really do help your brain

GMT 06:55 2015 Thursday ,01 October

Boston Red Sox beat Yankees

GMT 08:17 2017 Monday ,28 August

Bahrain celebrates World Humanitarian Day 2017

GMT 02:07 2017 Tuesday ,28 February

Opposition seeks Russian support at Syria talks
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday