Friday, 13 May 2016

13.5.16 Consejo Hopes TTIP Will Not Harm Sherry

The Consejo Regulador is hoping that the Treaty of Free Trade and Investment (TTIP) currently being negotiated between the European Union and the United States will not prejudice the interests of Sherry since it will not alter the status quo. Greenpeace, which is opposed to the treaty, managed to get hold of some documents which appeared to show intransigence on the part of the US on the matter of banning the use of protected European wine names for imitations produced in the US, such as Champagne, Tokaji and Sherry. European law forbids the importation of wines with such labels, and negotiators are trying to get the Americans to ban their use in the US as well, and as they point out, talks are still in progress and Greepeace only came across some documents. If the deal ultimately goes ahead without American concessions, things will not be worse, just not better.

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