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TTIP has failed – but no one is admitting it, says German Vice Chancellor TTIP has failed – but no one is admitting it, says German Vice Chancellor
(35 minutes later)
Germany's economy minister says free trade talks between the European Union and the United States have failed.  Germany’s Vice Chancellor has said free trade negotiations between the European Union and the United States have failed, but “nobody is really admitting it”.
Negotiations on the so-called Trans-Atlantic Trade and Investment Partnership, or TTIP, have made little progress in recent years.  Talks over the so-called Trans-Atlantic Trade and Investment Partner, also known as TTIP, have made little progress in recent years.
Sigmar Gabriel, who is also Germany's Vice Chancellor, has now said that "in my opinion the negotiations with the US have de facto failed, even though nobody is really admitting it."  The 14th round of negotiations between American and EU officials took place in Brussels in July and was the third round in six months.
He noted that in 14 rounds of talks the two sides haven't agreed on a single common chapter out of 27 chapters being discussed.  At the time the talks were thought to be in trouble with a number of leading European politicians expressing concern about TTIP’s effects and the US’s reluctance to accept changes to the proposed deal.
Gabriel compared the TTIP negotiations unfavorably with a free trade deal forged between the EU and Canada, which he said was fairer for all sides.  Speaking on Sunday, Sigmar Gabriel, who is also Germany’s economy minister, said: “In my opinion the negotiations with the United States have de facto failed, even though nobody is really admitting it."
More follows He said that during the talks neither side had agreed on a single common chapter out of the 27 being deliberated.
He further denounced the TTIP negotiations, saying the free trade deal proposed between the EU and Canada – the Comprehensive Economic and Trade Agreement (CETA) - was fairer for all parties.
Additional reporting by Associated Press
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