Dáil debates

Wednesday, 20 July 2016

Other Questions

Transatlantic Trade and Investment Partnership

1:45 pm

Photo of Mick WallaceMick Wallace (Wexford, Independent) | Oireachtas source

The report to which the Minister referred is based on an economic model that assumes nothing can go wrong and everything will go well. There is no real evidence whatsoever that Ireland will benefit from the TTIP. Deputy Maureen O'Sullivan raised the Comprehensive Economic and Trade Agreement, CETA, with Canada, which seems to be an attempt to get a foot in the door before the TTIP is agreed. CETA includes an investor-state dispute settlement mechanism, ISDS, which would allow corporations to bypass the normal court process, which is a privilege members of the public could not possibly get. If the agreements go through they will give corporations an incredible advantage in getting their way in any state in which they operate.

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