Oireachtas Joint and Select Committees

Wednesday, 22 September 2021

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

EU-Canada Comprehensive Economic and Trade Agreement: Minister for Enterprise, Trade and Employment

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael) | Oireachtas source

It is always the case that somebody can sue if he or she feels that he or she has been subjected to expropriation or confiscation. If that were to happen now, potentially, any company - an Irish company, a Canadian company or a company from Sri Lanka - could sue. They would do so through the national courts or through existing mechanisms. This is just a new mechanism, and one that we believe is fair, transparent and more efficient.

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