Read

User menu

Search form

Germany's Vice Chancellor Gabriel: US-EU trade talks 'have failed'

Germany's Vice Chancellor Gabriel: US-EU trade talks 'have failed'
Tue, 8/30/2016 - by Deutsche Welle
This article originally appeared on Deutsche Welle

Discussions on the Transatlantic Trade and Investment Partnership (TTIP) have been unsuccessful, Germany's Minister for Economic Affairs, Sigmar Gabriel, who is also the country's vice chancellor, said on Sunday.

"In my opinion the negotiations with the United States have de facto failed, even though nobody is really admitting it," Gabriel told German broadcaster ZDF.

"Nothing is moving," he added.

If agreed upon, TTIP would create the world's largest free trade zone containing 800 million people. Three years of talks have still not led to an agreement, with negotiators facing tough criticism of the deal on both sides of the Atlantic Ocean.

Gabriel, who also heads the Social Democrats (SPD), noted that after 14 rounds of talks, the two sides have yet to agree on even one chapter out of the 27 being discussed.

One of the reasons given for the breakdown in negotiations was that "we Europeans did not want to subject ourselves to American demands," Gabriel said.

CETA Defense

In contrast to his TTIP stance, Gabriel defended the E.U.'s free trade agreement with Canada, called the Comprehensive Economic and Trade Agreement (CETA).

"The debate has become very difficult in that the agreement with Canada and the one with the USA have been lumped together," Gabriel said, adding that this assumption is incorrect.

He praised the Canadian agreement, saying it was fairer for both sides.

Many Germans continue to harbor suspicions against the TTIP and CETA, but the Canadian-European deal is much further advanced and could be ratified in the near future. German trade unions and other organizations have called for a massive rally across German cities on September 17 to protest the two trade agreements.

Supporters of the TTIP hope to lock down the outlines of an agreement before France and Germany's general elections in 2017 and before US President Barack Obama leaves office at the end of 2016.

Originally published by Deutsche Welle

3 WAYS TO SHOW YOUR SUPPORT

ONE-TIME DONATION

Just use the simple form below to make a single direct donation.

DONATE NOW

MONTHLY DONATION

Be a sustaining sponsor. Give a reacurring monthly donation at any level.

GET SOME MERCH!

Now you can wear your support too! From T-Shirts to tote bags.

SHOP TODAY

Sign Up

Article Tabs

The world has lost an incredible thinker and doer. I have lost an amazing friend. A void exists where before it was filled with David's optimism, humour and joy.

Kevin Zeese speaks at a rally for Chelsea Manning. By Ellen Davidson.

Kevin fought to bring truth every day. We must not lose this struggle.

To win the climate argument, advocates must show how Covid-19 bailout funds could be redirected – instead of making similar mistakes as the 2008 financial crisis.

The most analogous failure to the impending economic turbulence is the financial crisis of 2008, caused, primarily, by the deregulation of the financial industry.

#MeToo, India sexism, women's rights, sexual abuse

Activists are continuing the fight but are exhausted, balancing careers and a movement, that, to most, has become a personal battle.

The world has lost an incredible thinker and doer. I have lost an amazing friend. A void exists where before it was filled with David's optimism, humour and joy.

Kevin Zeese speaks at a rally for Chelsea Manning. By Ellen Davidson.

Kevin fought to bring truth every day. We must not lose this struggle.

David Graeber at his home in Manhattan in in 2005. A public intellectual, professor, political activist and author, he captivated a cult following that grew globally with each book he published over the last decade.Credit...Jennifer S. Altman for NYT

He wrote about crushing debt, pointless jobs and the negative effects of globalization. And he played a leading role in the Occupy Wall Street movement.

To win the climate argument, advocates must show how Covid-19 bailout funds could be redirected – instead of making similar mistakes as the 2008 financial crisis.

The most analogous failure to the impending economic turbulence is the financial crisis of 2008, caused, primarily, by the deregulation of the financial industry.

The world has lost an incredible thinker and doer. I have lost an amazing friend. A void exists where before it was filled with David's optimism, humour and joy.

Posted 6 days 12 hours ago
David Graeber at his home in Manhattan in in 2005. A public intellectual, professor, political activist and author, he captivated a cult following that grew globally with each book he published over the last decade.Credit...Jennifer S. Altman for NYT

He wrote about crushing debt, pointless jobs and the negative effects of globalization. And he played a leading role in the Occupy Wall Street movement.

Kevin Zeese speaks at a rally for Chelsea Manning. By Ellen Davidson.

Kevin fought to bring truth every day. We must not lose this struggle.