Oireachtas Joint and Select Committees

Thursday, 28 November 2019

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Impact of Brexit on Ireland's Economy: Economic and Social Research Institute

Photo of Paul MurphyPaul Murphy (Dublin South West, Solidarity) | Oireachtas source

I thank the witnesses for their presentation. I will start with a question towards which Dr. McQuinn was pointing. Let us say that Britain exits on the Johnson deal and opens negotiations for a free trade agreement with the US. I was a member of the trade committee of the European Parliament. We know the kind of trade agreement the US would seek to do. It would have the outlines of the Transatlantic Trade and Investment Partnership, TTIP, but possibly worse because the US would be negotiating with a weaker partner. Let us say included in that deal is a significant reduction in standards - sanitary and phytosanitary, SPS, labour and environmental. Let us focus on agriculture, which is a major offensive interest for the US in such trade negotiations. It wants access for chlorine-washed chicken, hormone-fed beef and ractopamine-fed pork.

Let us say that a future, presumably Tory, Government negotiated such a deal. How would that play out? What impact would that have in Ireland?

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