Thursday, 28 Nov, 2024

Business

Thousands protest TTIP deal in Berlin

Business Desk |
Update: 2015-10-11 03:22:00
Thousands protest TTIP deal in Berlin Photo Courtesy: BBC

DHAKA: Thousands have protested in the German capital Berlin against a planned free-trade deal between the EU and US.

Organizers said 250,000 people took part in the rally; police put the figure at around 100,000.

Opponents of the Transatlantic Trade and Investment Partnership (TTIP) say it is undemocratic and threatens consumer and worker rights, reports the BBC.

But supporters of the deal, which lowers trade barriers, say it would boost economies and create jobs.

Hundreds of buses shuttled protesters to Saturday’s demonstration in the German capital.

‘We are here because we do not want to leave the future to markets, but on the contrary to save democracy,’ Michael Mueller, president of the ecological organization German Friends of Nature, told the media.

The German government supports the trade pact, with economy minister Sigmar Gabriel warning of ‘scaremongering’ in a letter published in several German newspapers.

Talks on the TTIP are due to finish next year. If agreed it would be the biggest trade deal of its kind.

BDST: 1323 HRS, OCT 11, 2015
RR

All rights reserved. Sale, redistribution or reproduction of information/photos/illustrations/video/audio contents on this website in any form without prior permission from banglanews24.com are strictly prohibited and liable to legal action.