French Trade Minister Calls for TTIP Talks to Cease

France’s trade minister has increased the pressure on the proposed EU-US trade deal by calling for the talks to be called off.

Matthias Fekl, the French minister for foreign trade, tweeted that his government demanded negotiations on the Transatlantic Trade and Investment Partnership (TTIP) should cease.

François Hollande, the French president, also raised doubts about TTIP and said France would not support a deal this year.

In a speech to French ambassadors, Hollande said: “The negotiations are bogged down, positions have not been respected, it’s clearly unbalanced.” He said he would withhold support from any agreement reached before the end of Barack Obama’s presidency in January.

France has been sceptical about TTIP from the start and has threatened to block the deal, arguing the US has offered little in return for concessions made by Europe. All 28 EU member states and the European parliament will have to ratify TTIP before it comes into force.

via The Guardian

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