Talks on EU-US free trade deal have failed, Germany's economy minister says
Published 28/08/2016 | 12:26
Germany's economy minister says free trade talks between the European Union (EU) and the US have failed.
Negotiations on the so-called Transatlantic Trade and Investment Partnership (TTIP) have made little progress in recent years.
Sigmar Gabriel, who is also Germany's Vice Chancellor, said on Sunday that "in my opinion the negotiations with the United States have de facto failed, even though nobody is really admitting it".
He noted that in 14 rounds of talks the two sides have not agreed on a single common chapter out of 27 being discussed.
Mr Gabriel compared the TTIP negotiations unfavourably with a free trade deal forged between the EU and Canada, which he said was fairer for all sides.