Arab Today, arab today chances of euus trade pact fading
Last Updated : GMT 21:49:48
Arab Today, arab today
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

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*

Arab Today, arab today chances of euus trade pact fading Arab Today, arab today chances of euus trade pact fading

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Optimism on the front line

GMT 07:24 2017 Monday ,20 February

Optimism on the front line
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic

GMT 13:35 2017 Friday ,17 February

Confirms Britain is biggest investor in Egypt

GMT 15:55 2017 Thursday ,16 February

Egyptian foods completely unobserved nor healthy

GMT 11:18 2017 Wednesday ,15 February

Reveals plan to get out of financial crisis

GMT 12:33 2017 Tuesday ,14 February

Yemeni accuses militias of challenging oil

GMT 18:07 2017 Monday ,13 February

Over 3000 workers lost their jobs

GMT 17:57 2017 Sunday ,12 February

Seeks to achieve growth of about 30% in 2017

GMT 14:05 2017 Saturday ,11 February

Stresses Increase prices not surprise citizens
View News in Arabic - Business: أخبار الاقتصاد
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Egypt to hold first session of Arab film festival

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 21:49 2017 Thursday ,16 February

Scientists develop new therapy

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
Arab Today, arab today
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
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday