Germany has declared failure of the negotiations, the U.S. and the EU on free trade zone


Economy Minister and Vice Chancellor of Germany Sigmar Gabriel said that negotiations between the United States and the European Union about creation of a Transatlantic free trade area (TTIP) has failed. Such a statement he made in an interview with ZDF television, according to Reuters.

“Negotiations with the United States de facto failed because we – Europeans – don’t want to obey American demands,” he said. “Nothing moves on this front [the talks]”, he added.

The US and the EU are negotiating for about three years. The parties expect to complete them in 2016. The agreement involves the abolition of tariffs for some goods, market expansion services, open procurement and the strengthening of cooperation in the field of regulation.

Reports of difficulties in negotiations on sombodey trade between the US and the EU acted in the past. In spring, the German newspaper Süddeutsche Zeitung, citing its own sources reported that Washington has a more intense pressure on Brussels than previously thought, in the ongoing negotiations on the TTIP. In particular, the publication stated that the U.S. threatened to ban the export of European cars. At the same time Washington wants to significantly increase supplies of agricultural products to the European market.

Later, the US and the EU commented on these reports. The European Commission has recognized that differences do exist, and in Washington said then that the information is at least doubtful.
  

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