Home / Economy / The creation of a Transatlantic free trade zone between the US and the EU under threat

The creation of a Transatlantic free trade zone between the US and the EU under threat

Создание Трансатлантической зоны свободной торговли между США и ЕС под угрозой

Talks on creating a Transatlantic free trade zone between the US and the EU can be suspended. According to the newspaper Le Figaro, the proposal was made by state Secretary of France on foreign trade Matthias Fekl.

“The political support of France in these negotiations is no more. France demands a halt to these negotiations,” he said. According to him, the position of Paris will be announced during the meeting of Ministers of foreign trade of the EU, which will take place in September in Bratislava. “Americans produce nothing or the crumbs. Negotiations between the allies as not being” stressed FeCl.

A similar position is shared in Germany. Vice-Chancellor, Minister of economy and energy of Germany Sigmar Gabriel had previously said that negotiations to establish a Transatlantic free trade area between the US and the EU has failed.

The Paris and Berlin in favor of signing a similar agreement with Canada.

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