Worthy Christian News » World News » EU-US Trade Deal Not Quite Dead Despite Reports
(Worthy News) - News of the death of the Trans-Atlantic Trade and Investment Partnership, or TTIP, have been largely exaggerated.
”The ball keeps rolling on TTIP”, Schinas said.
He said that the commission "stands ready to close the deal by the end of the year," adding however that it would not "sacrifice Europe’s safety, health, social and data protection standards or our cultural diversity on the altar of free trade." [ Source ]
EU trade negotiator talks down TTIP failure report
Both the European Union’s lead negotiator in trade talks with the United States and the spokesman for Germany’s chancellor on Monday downplayed assertions that negotiations on the Trans-Atlantic Trade and Investment Partnership (TTIP) have collapsed. [ Source ]
Under discussion for three years, TTIP would create a US-EU free trade zone encompassing half of the world economy. But it still faces significant opposition on both sides of the ocean.