TTIP, TTP Discriminate Against Certain Participants - Russian Official

© REUTERS / Kai PfaffenbachProtesters depicting Statue of Liberty (L) and Europa on the bull take part in a demonstration against Transatlantic Trade and Investment Partnership (TTIP) free trade agreement ahead of US President Barack Obama's visit in Hanover, Germany April 23, 2016.
Protesters depicting Statue of Liberty (L) and Europa on the bull take part in a demonstration against Transatlantic Trade and Investment Partnership (TTIP) free trade agreement ahead of US President Barack Obama's visit in Hanover, Germany April 23, 2016. - Sputnik International
Subscribe
The US-sponsored Transatlantic Trade and Investment Partnership (TTIP) and the Trans-Pacific Partnership (TTP) deals discriminate against and are unfair to some of their participants, Sergei Naryshkin, speaker of Russia's lower house of parliament, said Wednesday.

Activists stage mock talks as they demonstrate against the Transatlantic Trade and Investment Partnership (TTIP) between the EU and the USA outside the European Parliament at Luxembourg Place in Brussels on February 24, 2016. - Sputnik International
How Washington Will Use the TTIP to Ruin the European Economy
MOSCOW (Sputnik) — TTIP and TPP are free trade treaties between the United States and its economic allies in Europe and Asia respectively.

"These projects, unlike ours, are based on the inequality of participants and appear to be new attempts to isolate and suppress those who are not in favor of living in a unipolar world," Naryshkin told the Xinhua news agency.

The TTIP deal has drawn severe criticism for the lack of transparency in the negotiations as well as for the tremendous power it would potentially give to international corporations. TTIP has also been slammed for bypassing the framework of the World Trade Organization and excluding the BRICS (Brazil, Russia, India, China and South Africa) countries.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала