Sunday, April 24, 2016

Controversial FTA: US push for TTIP degree still in … – Tagesspiegel

The US government is pushing for a conclusion of the negotiations on the controversial FTA TTIP later this year. “Our government wants a solution, and we want to manage this year,” said US Commerce Secretary Penny Pritzker in an interview with “Spiegel Online”.

I believe the schedule feasible. But the end means also that we have to deal with the uncomfortable topics, “said Pritzker further. together could set standards for trade in the 21st century, the United States and Europe. “ The reasons why we need TTIP are numerous”, said the Minister.

She called the federal government to strongly fight for the FTA: “Honestly, I think it is imperative for the German government and German industry, more of the benefits of TTIP referencing, as it is imperative for us to do that in the United States. ” Pritzker defended the largely conducted in secret negotiations. “To negotiate a contract, which is a success for both sides, it takes a certain amount of discretion,” she said.

In a defining moment signaled Pritzker compromise. She was open to the EU’s proposal to replace the controversial private arbitration by a public investor-court. “It is no secret that we as yet have some questions in terms of details, particularly in view of our own very good experience with cases before arbitration courts,” she said. “But I’m sure we will find a solution with which we achieve our common goal of protecting investors, while respecting the public interest.”

On Saturday were demonstrating against tens of thousands of TTIP in Hannover. On Sunday, US President Barack Obama is coming to Hannover to promote jointly with German Chancellor Angela Merkel (CDU) for the Agreement. (with AP)

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