Tuesday, 3 May 2016

Confidential trade deal came into public after Greenpeace disclosure

A trade bill, subjected to sign by the European Union and United States considering lower food safety and environmental standards, was made public by environmental organization Greenpeace. Reports are that Greenpeace found the agreement as well as the documents ‘flatly wrong’. But the documents were not ‘any final outcome, only reflected negotiation positions,’ said EU.

Popularly known as Transatlantic Trade and Investment Partnership (TTIP), the documents showcased as many as $100 billion profits to both EU and US, report said. The document, noted as a ‘consolidated text’ comprising 13 chapters and 248 pages, were brought to public on Monday via online.
Following the disclosure of the confidential document, Greenpeace trade expert Juergen Knirsch said: “We've done this to ignite a debate. The best thing the EU Commission can do is to say 'Sorry, we've made a mistake.”
However, significant among the two parties present in the negotiations, US had made no comment on the leaked documents. “There is the potential, and we certainly are aiming, to complete these talks by the end of the year, and I don't think there's anything about this leak that is going to have a material impact on our ability to do that,” said White House spokesman Josh Earnest.


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