While the Transatlantic Trade and Investment Partnership (TTIP) between the US and Europe is set to create the world’s largest free trade zone, many Europeans worry that the agreement would elevate corporate interest above national interest. TTIP opponents say that cheaper goods and services would only hurt the EU and help the US.
As Obama says all countries have to give up something for TTIP, 1000s marching in Germany say NO http://pic.twitter.com/NwF3BsgohX
— Anastasia Churkina (@NastiaChurkina) 23 апреля 2016 г.
“People say the deal is going to compromise the European Union sovereignty, and would create much more secrecy, with one of the biggest concerns being that the agreement is wrapped in a big veil of secrecy that people are not happy with,”RT’s Anastasia Churkina reported from Hannover.
The US is Germany’s biggest trading partner. German Chancellor Angela Merkel is set to discuss the TTIP deal with Obama when he visits a trade show in Hannover on Sunday and Monday.
YES WE CAN – STOP #TTIP mit @greenpeace_de – #TTIPDEMO#Hannover#TTIP & #CETA STOPPEN http://pic.twitter.com/CE4oDWMwMk
— Castor Nix Da (@castornixda) 23 апреля 2016 г.
“The Transatlantic Trade and Investment Partnership is one of the best ways to promote growth and create jobs,” the US president stressed in an interview with Bild.
Wrapping up a deal would be a “win-win situation,” Angela Merkel announced in her weekly podcast, adding that “it is good for us as we will be able to appraise our competitors.”
Hannover right now #TTIP#CETAhttp://pic.twitter.com/xQnHOZ5TQ1
— Marcel Böttcher (@73inches) 23 апреля 2016 г.
In the best-case scenario, TTIP could cover over 40 percent of global GDP and account for large shares of world trade and foreign direct investment. Washington’s ambassador to Germany, Anthony L. Gardner, said in an exclusive interview with EurActiv in 2014 that “we need this deal to help solidify further the transatlantic alliance, to provide an economic equivalent to NATO and to set the rules of world trade before others do it for us.”
Thanks but no thanks, Mr @BarackObama ! We don’t need no #TTIP -tens of thousands say in Hannover: #StopTTIP#NoTTIPhttp://pic.twitter.com/Msp1xHKfdr
— Stop TTIP (@eci_ttip) 23 апреля 2016 г.
Public support for the transatlantic trade deal has meanwhile been weak. According to a recent survey conducted by pollsters YouGov on behalf of the Bertelsmann Foundation, only 17 percent of Germans think the TTIP is a good thing, down from 55 percent two years ago. In the United States, only 18 percent of people now support the deal, compared to 53 percent in 2014.
Nearly half of US respondents complained about a lack of information, saying they did not know enough about the agreement to voice an opinion.
The twelve Trans-Pacific Partnership (TPP) Ministers hold a press conference to discuss progress in the negotiations in Lahaina, Maui, Hawaii July 31, 2015. REUTERS/Marco Garcia
The post German’s hit the streets to protest TTIP ahead of Obama visit appeared first on TRUNEWS with Rick Wiles.
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