TTIP Talks

Getting Political Over Trans-Atlantic Trade

TTIP naysayers are not seeing the bigger picture.
  • Why it matters

    Why it matters

    If the Transatlantic Trade and Investment Partnership (TTIP) is to pass, it will require Germany’s leading business executives to make themselves heard.

  • Facts


    • Martin Winterkorn of VW and Dieter Zetsche of Daimler are to lobby government officials in Berlin this week.
    • Opponents of the treaty use fears of chlorinated chickens and arbitration courts to stir up opposition.
    • The common economic area in Europe first evoked criticism as well but later proved a boon for businesses and consumers.
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Germany’s leading business executives will meet the press this week and dare to do something they usually take pains to avoid: Take a political position.

Heads of car companies, such as Martin Winterkorn of Volkswagen Group and Dieter Zetsche of Daimler, will be in Berlin explaining why free trade with the U.S. is so important for the industry and requires passage of the Transatlantic Trade and Investment Partnership (TTIP).

“Yes to TTIP” is their robust reponse to those yelling “Stop TTIP.”

The European Union has been negotiating for over a year and a half with the U.S. over a common trading zone without customs and other obstacles such as production standards.

This is seen by proponents as a way to create new growth and increase prosperity for all countries. The broader thinking is that countries freely exchanging goods tend to treat each other amicably rather than belligerently.

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