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EU Needs ‘More Leadership’ on U.S. Free Trade Deal: Commissioner

Posted June 02, 2015

Under Economic Issues, International Trade Issues

(Agence France-Presse)

The European Union’s top trade official on Monday said member states needed to show more leadership in persuading citizens about the benefits of a massive and controversial free trade agreement with the United States.

“Some of them (EU members) should engage much more to convince (citizens) why they think this is good for their country and for Europe, so I would ask for more leadership,” EU Trade Commissioner Cecilia Malmstroem said in Riga, Latvia, which currently holds the EU’s rotating presidency.

Talks on the mammoth agreement will resume in July, she said.

Hundreds of demonstrations were held in April, mainly in Europe, against the Transatlantic Trade and Investment Partnership (TTIP). In Germany, Europe’s largest economy, 43 percent of the people think the US-EU trade deal would be “bad” for their country, according to a recent survey. Click here to read more.

Related: Polling Free Trade (Cato Institute)