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    Choose Wisely: Russia ‘Better Partner’ for EU Than the US

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    The Transatlantic Trade and Investment Partnership between the US and EU will bring Europe more problems than benefits, Bulgarian economist Nina Djulgerova told Radio Sputnik.

    The critics of the TTIP have long instated that US companies will make trade negotiations instrumental in their attempts to alter European economic laws.

    A recent Control and Corporate Europe Observatory study indicated that this is exactly what the United States is already doing, Der Spiegel wrote on Friday.

    “There is a great deal of pessimism in the EU about this, especially given the amount of secrecy surrounding this agreement… Europeans, including MPs and senior EU officials, don’t know what this agreement is really all about as the main provisions of this agreement remain unknown. New facts keep cropping up all the time, but no one can say for sure what is true and what is a lie,” Nina Djulgerova told Radio Sputnik.

    She added that Europe would be much better off cooperating with Russia.

    “A free trade zone between Europe and Russia, based on equality and mutual respect, would be the way to go… Geography is an important factor here, which means that close neighbors will not be working against each other. This would be much better both for Europe and Russia,” Nina Djulgerova emphasized.

    The hotly-debated TTIP agreement seeks to deregulate trade between the United States and Europe and create the world's largest trade zone, encompassing over 60 percent of global production.


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