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Alexandra Sims – TTIP has failed – but no one is admitting it, says German Vice Chancellor

* Germany’s Vice Chancellor said in 14 rounds of talks neither side had agreed on a single common chapter out of the 27 being deliberated

Germany’s Vice Chancellor has said free trade negotiations between the European Union and the United States have failed, but “nobody is really admitting it”.

Talks over the so-called Trans-Atlantic Trade and Investment Partner, also known as TTIP, have made little progress in recent years.

The 14th round of negotiations between American and EU officials took place in Brussels in July and was the third round in six months.

At the time, the talks were thought to be in trouble with a number of leading European politicians expressing concern about TTIP’s effects and the US’s reluctance to accept changes to the proposed deal.

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