MOSCOW (Sputnik) — He also noted that open and democratic conception of Eurasian Economic Union (EEU) clashed with the growing fragmentation of world economy and the creation of the associations of private nature, such as TTIP and TPP.
"These associations — the Trans-Pacific Partnership and the Transatlantic Trade and Investment Partnership [TTIP] — are created as private clubs for chosen ones, with its own, pardon me, face control. The admission to the club depends on the political affiliation of the one who stands at the entrance…. Probably, we need to think about how to respond. I would warn against attempts to create in response a sort of counter-TPP. It would be wrong," Morgulov said at the conference on Russia-China relations in Moscow.
The parties to the TPP agreement are the United States, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam.
The TTIP deal, that has been negotiated since 2013, involves the creation of a free trade zone between Europe and the United States. Such countries as Canada, Mexico, Switzerland, Liechtenstein, Norwegian and Iceland will also participate in the TTIP.
The negotiations on both deals are surrounded by a high level of secrecy, which has caused certain criticism.
