Oireachtas Joint and Select Committees

Tuesday, 30 March 2021

Joint Oireachtas Committee on European Union Affairs

Engagement on the Comprehensive and Economic Trade Agreement: Mr. David O'Sullivan

Mr. David O'Sullivan:

There are economic models that will enable one to do that. Models were done before the agreement was finalised. The net result of the outcome has been hugely positive for the trade balance in both goods and services of the EU as a whole, and specifically for Ireland. It is undeniable that there have been many economic advantages. What that means on a macro level to all members of the population is obviously more limited.

It is clearly good for Irish companies, which are better able to export their goods and services to Canada and have been doing so on the back of this agreement. That is clearly a net economic gain for this country.

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