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VCI's Kley: Germany's chemical industry in favor of TTIP

10:09 AM MDT | July 10, 2014 | Michael Ravenscroft

The German chemical industry is in favor of the transatlantic trade and investment partnership (TTIP), currently being negotiated between the European Union and the United States, says Karl-Ludwig Kley, president of German chemical trade association VCI (Frankfurt), and chairman of Merck KGaA. The chemical industry counts, according to the results of an EU-commissioned survey conducted by economic research institute Ecorys (Rotterdam), as one of those sectors that stands to profit most from TTIP, according to Kley. TTIP could lead to a huge free-trade zone for...

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