us eu open freetrade talks in brussels
Last Updated : GMT 15:47:27
Arab Today, arab today
Arab Today, arab today

US, EU open free-trade talks in Brussels

Arab Today, arab today

Arab Today, arab today US, EU open free-trade talks in Brussels

The Transatlantic Trade and Investment Partnership (TTIP)
Brussels - AFP

Top negotiators on a huge transatlantic trade treaty between the EU and US opened new talks on Monday with the aim to tackle one of the deal's most controversial aspects.

The Transatlantic Trade and Investment Partnership (TTIP), under negotiation since July 2013, would create the world's biggest free trade zone, removing tariffs and harmonising regulation between the Europe Union and the United States.

EU sources said the negotiators would for the first time discuss in detail a divisive proposal to create an investment protection system that would allow companies to sue governments when they believe their interests have been harmed.

This idea has drawn fierce criticism in Europe, especially in Germany, where hundreds of thousands of people rallied in October to oppose the massive free-trade accord.

The European Commission, which handles trade talks for the EU's 28 member states, will offer the US an alternative proposal that would involve setting up a special court.

Opponents say TTIP is undemocratic and would lead to reckless deregulation at the expense of ordinary citizens.

The two sides aim to conclude TTIP this year, before the end of the Obama administration in the US. President Barack Obama travels to Germany in April to discuss the deal with German Chancellor Angela Merkel.

Washington and Brussels are thought to be close to agreement on eliminating tariffs and barriers on 97 percent of trade between the two sides.

But a raft of thorny issues remain to be discussed, in particular European fears about accepting genetically modified crops from America and concerns about limits on data-sharing by global Internet firms.

"The most sensitive issues have not been treated and we are a long way from an accord," said Gerard Araud, France's ambassador to Washington in a tweet.

"There won't be an agreement before the end of the Obama administration, which means nothing before 2017/2018 at best," he predicted.

This week's talks in Brussels are the 12th round of TTIP negotiations.

 

arabstoday
arabstoday

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*

us eu open freetrade talks in brussels us eu open freetrade talks in brussels

 



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*

us eu open freetrade talks in brussels us eu open freetrade talks in brussels

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Japanese regulators raid Airbnb

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Saudi, Bahrain target Iran

GMT 00:48 2017 Monday ,20 November

Saudi, Bahrain target Iran
Arab Today, arab today Europe turns on Facebook, Google

GMT 02:26 2017 Monday ,20 November

Europe turns on Facebook, Google
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Mona Abdel Ghany increased artistic activities

GMT 12:15 2017 Friday ,17 November

Mona Abdel Ghany increased artistic activities
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 02:28 2017 Saturday ,18 November

Anti-drug operation nets 4 tonnes

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
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