Oireachtas Joint and Select Committees

Wednesday, 18 June 2014

Joint Oireachtas Committee on Foreign Affairs and Trade

Transatlantic Trade and Investment Partnership Agreement: American Chamber of Commerce Ireland

4:20 pm

Photo of Pat BreenPat Breen (Clare, Fine Gael) | Oireachtas source

Before I call Deputy Crowe, I wish to ask a question. Our exports to the US are in the region of about €23 billion and our imports are approximately €6 billion, so the balance is very much in our favour. Since 2010, Ireland has won 14% of all US investment into Europe although we are only 1% of the population. It is estimated that the benefits of the proposals could be in the region of 4,000 jobs, which would be a plus for us. Round five of the negotiations have been quite successful. Does Mr. Redmond have a timeframe for the conclusion of the talks on the Transatlantic Trade and Investment Partnership agreement?

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