Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
Business
Hazel Sheffield

TTIP: France threatens to walk away from negotiations

A French minister has said that France is considering walking away from the Transatlantic Trade and Investment Partnership negotiations.

Matthias Fekl, France’s junior trade minister, told France’s Sud-Ouest paper on Monday that he was considering withdrawing France from the negotiations altogether because they are conducted in favour of American interests.

He also claimed that American negotiators have access to more documents than those in Europe.

"Europe has offered many compromises, in all areas, and has received no serious offers from the Americans in return. Neither for access to their public markets, nor for access to their agricultural and food markets, which remain closed," Fekl is reported to have said.

In the summer, the European Commission said it was increasing the secrecy around the TTIP negotiations because of a series of leaks. Under new rules, politicians are only able to read the texts in a secure reading room in Brussels.

But Fekl said that a lack of transparency was threatening to derail the talks.

TTIP is a massive trade agreement between the US and the EU that aims to cut tariffs. The idea is to save governments money on importing and exporting goods. But the text has proved highly controversial, raising fears that it could give corporations power over governments.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.