Dáil debates
Thursday, 26 November 2015
Ceisteanna - Questions - Priority Questions
Comprehensive Economic and Trade Agreement
10:00 am
Paul Murphy (Dublin South West, Socialist Party) | Oireachtas source
Does the Minister agree the ISDS under CETA is more expansive than that proposed under TTIP, presuming that deal is concluded? Does he further agree it is at least as expansive, if not more expansive, than that under the North American Free Trade Agreement, NAFTA? Does he acknowledge that NAFTA and the ISDS mechanism have made Canada the most sued state in the world, resulting in damages of almost $200 million being paid over the past number of years to foreign investors? Why on earth do corporations need a separate justice mechanism? Why can they not operate under the law like everybody else where people's rights are protected instead of being given specific rights which are protected by separate court processes? Would the Minister at least admit that if CETA goes through, any US corporation with a subsidiary in Canada will be able to sue the Government under these mechanisms?
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