Friday

23rd Feb 2018

EU-US trade deal not quite dead

  • Sigmar Gabriel faced criticism on Monday over his remarks that TTIP negotiations had "failed". (Photo: Reuters)

News of the death of the Trans-Atlantic Trade and Investment Partnership, or TTIP, have been largely exaggerated.

At least, that was the substance of EU reactions to the statements made by Germany’s vice-chancellor Sigmar Gabriel last Sunday (28 August).

Thank you for reading EUobserver!

Subscribe now for a 30 day free trial.

  1. €150 per year
  2. or €15 per month
  3. Cancel anytime

EUobserver is an independent, not-for-profit news organization that publishes daily news reports, analysis, and investigations from Brussels and the EU member states. We are an indispensable news source for anyone who wants to know what is going on in the EU.

We are mainly funded by advertising and subscription revenues. As advertising revenues are falling fast, we depend on subscription revenues to support our journalism.

For group, corporate or student subscriptions, please contact us. See also our full Terms of Use.

If you already have an account click here to login.

Gabriel, who is also the leader of Germany’s Social Democratic party, said that TTIP talks ”de facto have failed, even though nobody is really admitting it”.

But the EU chief TTIP negotiator Ignacio Garcia Bercero, on Monday, referred to Mark Twain to assure press that the free-trade talks are still alive.

"Remember what Mark Twain said," he noted, on the American writer's quip that reports of his death were "greatly exaggerated."

Another part of EU Commission also told journalists that Gabriel wasn't in charge of negotiatons.

”We are,” said spokesman Margaritis Schinas. He recalled that EU member states had unanimously renewed the Commission’s mandate to do so at a European Council in late June.

”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."

Chancellor Angela Merkel’s spokesman Steffen Seibert, meanwhile, said there was “no disagreement” in the German government about the fact that the EU and the US must still bridge “several important questions”.

But it was right to continue talks, as ”quite often the decisive things only happen in the final round”, Seibert said.

A few EU politicians, although not that many, also threw their weight behind TTIP.

Sweden’s EU and trade minister Ann Linde - a fellow Social Democrat - said ”nothing” warranted such a statement such as Gabriel's.

Finland’s foreign trade minister Kai Mykkanen from the centre-right National Coalition Party also took Gabriel’s declaration with a pinch of salt.

”Chancellor Merkel and the rest of the EU leadership support TTIP, and negotiations continue,” he said.

Kerry to promote free-trade deal on EU tour

Secretary of state John Kerry will give speeches in the coming months to "help people to understand exactly the positive side" of the EU-US free trade talks.

France wants EU-US trade talks stopped

French trade minister called for "the pure, simple and definitive halt of these negotiations" because France was not backing them anymore.

Opinion

Greek government's steady steps to exit bailout programme

Growth predictions are positive, exports increasing, unemployment dropping and credit-ratings up, says the head of Greece's Syriza delegation to the European Parliament. Now the government in Athens is looking to design its own reform programme.

Analysis

We are not (yet) one people

Talks on the next EU budget will start on Friday. Brussels wants to do much more than before – and needs a lot more money. But arguing about funds won't be enough.

News in Brief

  1. EU calls for immediate ceasefire in Syria
  2. UK's post-Brexit vision is 'pure illusion', Tusk says
  3. EU leaders express solidarity with Cyprus in Turkey drill row
  4. EU to double funding for Sahel forces
  5. EU parliament president: 'The immigration problem is Africa'
  6. May to unveil EU departure strategy next week
  7. Pregnant workers may be dismissed, EU court rules
  8. Romanian minister demands anti-corruption prosecutor fired

Stakeholders' Highlights

  1. ILGA EuropeAnkara Ban on LGBTI Events Continues as Turkish Courts Reject NGO Appeals
  2. Aid & Trade LondonJoin Thousands of Stakeholders of the Global Aid Industry at Aid & Trade London
  3. Macedonian Human Rights Movement Int.European Free Alliance Joins MHRMI to End the Anti-Macedonian Name Negotiations
  4. Mission of China to the EUChina-EU Tourism Year to Promote Business and Mutual Ties
  5. European Jewish CongressAt “An End to Antisemitism!” Conference, Dr. Kantor Calls for Ambitious Solutions
  6. UNESDAA Year Ago UNESDA Members Pledged to Reduce Added Sugars in Soft Drinks by 10%
  7. International Partnership for Human RightsUzbekistan: Investigate Torture of Journalist
  8. CESICESI@Noon on ‘Digitalisation & Future of Work: Social Protection For All?’ - March 7
  9. UNICEFExecutive Director's Committment to Tackling Sexual Exploitation and Abuse of Children
  10. Nordic Council of MinistersState of the Nordic Region 2018: Facts, Figures and Rankings of the 74 Regions
  11. Mission of China to the EUDigital Economy Shaping China's Future, Over 30% of GDP
  12. Macedonian Human Rights Movement Int.Suing the Governments of Macedonia and Greece for Changing Macedonia's Name

Latest News

  1. Regions chief: calls for smaller EU budget are 'impossible'
  2. Election fever picks up This WEEK
  3. EU-Morocco fishing deal casts doubt on EU future foreign policy
  4. EU leaders put 'Spitzenkandidat' on summit menu
  5. European far-right political party risks collapse
  6. The key budget issues on EU leaders' table
  7. EU leaders to kick off post-Brexit budget debate
  8. Greek government's steady steps to exit bailout programme