02:28 GMT +316 October 2019
Listen Live
    A pedestrian walks past a wooden blockade built by Greenpeace activists at the main entrance of a conference center where negotiators are expected to discuss the 12th Round of the Transatlantic Trade and Investment Partnership (TTIP) in Brussels, Belgium, February 22, 2016.

    US to Address Priorities of Both Sides at TTIP Talks With Europe

    © REUTERS / Francois Lenoir
    Politics
    Get short URL
    144
    Subscribe

    The United States is determined to keep looking for ways to reach a Transatlantic Trade and Investment Partnership (TTIP) agreement in upcoming talks that addresses both US and European priorities, spokesman for the Office of the US Trade Representative (USTR) Matthew McAlvanah told Sputnik on Tuesday.

    WASHINGTON (Sputnik) — Earlier in the day, both French President Francois Hollande and German Economic Affairs Minister Sigmar Gabriel suggested that it would not be possible to conclude the TTIP agreement before the end of the year.

    "The European Commission and EU member state leaders have clearly reiterated their commitment to moving negotiations forward. We share that commitment and throughout the summer the United States has been focused on identifying pathways to an agreement that address the priorities of both sides," McAlvanah said. "Ambassador [Michael] Froman is looking forward to continuing that work when he meets with EU Trade Commissioner [Cecilia] Malmstrom in the coming weeks."

    According to Gabriel, the TTIP negotiations had effectively failed as Brussels has refused to go along with some of Washington’s demands that could violate environmental legislation, banking procedures and investment rights.

    US government has started the discussions over the free trade zone with the European Union in 2013. The details of the TTIP deal including specific rules of market access have not been released the public.

    Related:

    TTIP Nations Must 'Reframe' Free Trade Debate Amid Growing Discontent
    US Businesses Remain Committed to TTIP as France, Germany Show Reluctance
    Obama to Send US Trade Ambassador to Europe Next Month to Negotiate TTIP
    Brexit is Nail in the Coffin for TTIP, But TAFTA is Still Alive and Kicking
    No Chance TTIP to Be Concluded Before US Elections - German Minister
    Berlin's Bold TTIP Declaration is Just Pre-Election Hype
    TTIP Negotiations Making Progress - US Negotiator's Spokesman
    French Trade Minister Calls for Halt to TTIP Trade Deal Talks
    US Committed to Completing TTIP Negotiations by End of the Year
    US Declines to Comment on Claims That TTIP Talks Failed - White House
    EU-US TTIP Talks Entering 'Crucial' Stage - European Commission
    Tags:
    Transatlantic Trade and Investment Partnership (TTIP)
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik