PARIS: The chances of reaching agreement over an ambitious US-EU free trade deal are “fading”, France’s minister of state for foreign trade said on Tuesday (Wednesday in Manila).

Asked about the likelihood of such a deal being reached before the end of US President Barack Obama’s term in January 2017, Matthias Fekl told France’s RTL: “No, I don’t think so. The likelihood, or risk, of reaching any accord is fading.”

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