01.10.2015 • News

French Minister Slams US on TTIP

France’s minister for foreign trade, Matthias Fekl, has suggested that the EU should pull out of negotiations on the Transatlantic Trade and Investment Partnership (TTIP) if the US does not create more transparency.

At a briefing on Sept. 29 in Brussels, Fekl said the US Congress has a higher level of access to crucial documents than Europeans have. He added that “Europe has offered many compromises, in all areas, and has received no serious offers” from the US side. In particular, he said American agricultural and food markets “remain closed.”

The French minister also pointed to a lack of a response from the US over key European proposals including tariffs, market opening and the EU’s recently presented plan for an arbitration court to settle disputes, which Fekl said was largely based on French proposals.

Independently of how the European Commission decides to proceed on TTIP, Fekl said France would be prepared to abandon the process altogether if the US does not make concessions. “If nothing changes, that will show that there is no willingness to ensure a mutually beneficial negotiation process,” he remarked.”

Interview

The UK Chemical Supply Chain
Trade and Competitiveness

The UK Chemical Supply Chain

The CBA, led by CEO Tim Doggett, is steering the UK chemical supply chain through trade uncertainty, sustainability pressures and logistics challenges, as he explains in this interview with CHEManager.

From Catalogue to Collaboration

Enamine's Expert Insights Collection Is Free to Download
Enamine’s 35 Years of Advancing Drug Discovery

Enamine's Expert Insights Collection Is Free to Download

From catalogue to collaboration — explore 35 years of drug discovery breakthroughs, novel building blocks, and the science shaping tomorrow's medicines. Download your complimentary copy now.

most read

Photo

VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.