EU-US Trade Negotiations “Totally Blocked”
SNP Member of the European Parliament Alyn Smith MEP has hailed the comments of French Trade Minister Matthias Fekl that the long running and controversial EU-US Trans-Atlantic Trade and Investment Partnership (TTIP) talks are “totally blocked” as an important indicator of how the talks are going.
TTIP is controversial across Europe, with a number of member states promoting the deal in the interests of free trade, but with concern over the possibility that public services could be threatened and regulatory standards weakened in the course of the talks. The deal is being negotiated by the European Commission under delegated authority from the 28 member states, and will not come into force unless the member states agree and the package is approved by a majority of the Members of the European Parliament on behalf of the citizens of Europe.
Go to Alyn Smith’s website to read the full update.