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    Anti- Trans-Atlantic Trade and Investment Partnership (TTIP)activists sink the lettering TTIP in the Maschsee in Hanover on April 21, 2016 ahead a meeting of leaders of Britain, France, Germany and Italy on April 25, 2016

    TTIP Talks Stalled Before US Election - Spain Ex-Foreign Minister

    © AFP 2019 / Sebastian Gollnow / dpa
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    Discussions on the Transatlantic Trade and Investment Partnership (TTIP) halted well before the presidential election in the United States and going forward should be more specific and concrete, former Foreign Minister of Spain Ana Palacio told Sputnik.

    WASHINGTON (Sputnik) — On Monday, Trump signed an executive order withdrawing the United States from the Trans-Pacific Partnership (TPP) free trade treaty and promised to renegotiate the North American Free Trade Agreement (NAFTA). The new administration is also expected to at least delay talks on TTIP.

    “For the moment he has taken the decision to leave the Trans-Pacific [Partnership], and we have to see how this administration develops. The TTIP was not even signed, it was being discussed,” Palacio said on Thursday. “It stalled well before the American elections, and before President [Donald] Trump was elected.”

    The former Foreign Minister added that the negotiations should be more specific in order for the public to understand what is happening.

    “What they think is that probably we are in a different era. In this era we have to go from very concrete and targeted, because we need to make sure that people understand what they are doing,” she explained. “You know, these very abstract macro negotiations, we need to translate them into concrete issues that just affect the life of the people.”

    The TTIP, negotiations of which have been ongoing since 2013, seeks to establish a free trade zone between the two sides of the Atlantic. Since the start of the talks, the deal has drawn severe criticism for the lack of transparency. Its opponents also express concern over the tremendous power it would potentially give to international corporations and the fact that it could seriously violate ecological standards.


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