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“Americans do not want to open up their public tenders to companies in Europe. This is the opposite of free trade in my “, denounced number two in the German government in an interview with business daily Handelsblatt . “If the Americans are sticking to this position, we do not need free trade treaty. And TTIP will fail “.
A warning then launched a new round of negotiations on the TTIP, 13 th since 2013, will begin on Monday New York and Obama opens Sunday with Chancellor Angela Merkel the industrial fair Hannover, high mass “made in Germany” . the two leaders want to take this opportunity to defend draft agreement meet their skeptical publics.
the free trade agreement causes tensions in Germany, where between 35 000 and 90 000 people demonstrated in Hannover on Saturday.
Read also: Demonstration in Hannover against the Treaty of transatlantic free trade
one of the things that makes the most debate is the opportunity for multinationals to challenge the laws of a State before an arbitration court. A concern shared by the Minister of the German economy, which claimed that “does will approve [t] any treaty which provides a private arbitration court”. The Obama administration held to show open to alternatives to it.
“I think we are able to find a compromise that fulfills our common objective of protecting investment while safeguarding the public interest “, said the Secretary of State for Commerce Penny Pritzker, in an interview with the weekly Der Spiegel . Officially, Washington and Berlin seek an agreement this year, but the chances of a deal have never been slim.
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