Oireachtas Joint and Select Committees

Thursday, 2 October 2025

Joint Oireachtas Committee on Foreign Affairs and Trade

Commissioner for Trade and Economic Security; Interinstitutional Relations and Transparency: Mr. Maroš Šefovi

2:00 am

Mr. Maroš Šefovi:

Let me start at the end because I did not manage to answer the fertiliser questions. As I am sure the Deputy is very well aware, half the price of fertiliser is the price of gas. We have been getting major exports of fertiliser from Russia where you will find it at absolutely dumped prices. The fact is there are installations across Europe on the verge of bankruptcy right now.

We have just seen how much everything can be weaponised. We have seen that developing dependency, even in the production of fertilisers, is quite dangerous for the future of the farming community. What we are doing is opening the fertiliser business to the US and others, tariff free, and we are giving a fighting chance to fertiliser producers in Europe to supply the EU from European sources rather than create another source of funding for Russia and Belarus. Of course, we are fully aware that fertilisers are very important to Ireland. Once the deal enters into force, the goods will start to be transported back and forth. If there is a beef quota of 99,000 tonnes, the tariff is 7.5%, but it would be phased in over seven years. Therefore, it is not 99,000 tonnes in the first year but that amount over seven years. There is a seven-year adjustment period. Of course, from day one of Mercosur goods arriving to Europe, all the checks, controls and inspections have to be done. If there are any doubts concerning traceability or any criticism in that regard, we are always ready to examine it and ensure the required traceability is guaranteed.

Concerning the question on the 10%, it is a matter of an increase of more than 10% year on year, so, as a rule-----