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
Leo Varadkar (Dublin West, Fine Gael) | Oireachtas source
No. It could certainly argue it but I do not think it would be successful making that case in any court. There is no right to profit contained in this agreement or treaty. What the Deputy has read into the record clearly sets out the grounds as to where the Government could nationalise something. That provision provides for nationalisation but it states that where nationalisation occurs, owners have to be compensated. Of course, that would be the case. Anything else would be confiscation.
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