Dáil debates
Tuesday, 9 July 2019
EU-Mercosur Trade Agreement: Statements (Resumed)
8:00 pm
Heather Humphreys (Cavan-Monaghan, Fine Gael) | Oireachtas source
Either of the parties may resort to the trade dispute settlement mechanism. If one party considers that the other has failed to comply with one or more obligations in the trade part of the agreement, as a first step in the process, consultation will allow for an amicable resolution of the dispute. If the consultation fails, the complaining party may request the establishment of an arbitration panel composed of three arbitrators with expertise and experience in law and international trade.
There is a trade dispute settlement mechanism there.
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