Dáil debates

Tuesday, 15 December 2020

Ceisteanna - Questions

Economic Policy

3:40 pm

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail) | Oireachtas source

A debate on CETA was initiated by Fianna Fáil in the last Dáil. Indeed, we initiated it in our own Private Members' time. I have always been in favour of debate on the Canada-EU free trade agreement. I believe in trade. The decisions of Seán Lemass in the 1960s led to the Anglo-Irish Free Trade Agreement in 1965, which removed tariffs and quotas on trade with Britain. That was a precursor to Ireland joining the European Union. Seán Lemass was way ahead of his time, as was Fianna Fáil, while many other parties objected to joining the then EEC. We have the same old continuation of some of the residual legacy arguments from that time. I have heard very few pro-trade contributions in this House in recent years. As a former Minister for Enterprise, Trade and Employment, I know that trade is the esprit de corpsof our economy.

The owners of many small and medium-sized companies depend on trade to create jobs and to add value to those companies. Those in the SME sector were very happy with the Canada-European Union free trade deal. They saw it as a positive move that would help them sell more of their software, healthcare solutions, water products and so on. We have a very exciting entrepreneurial sector in Ireland that depends on exporting its goods and services abroad. With regard to creating jobs, the more of these agreements we have, the better.

People talk about corporations having too much power under CETA. Corporations in Ireland employ hundreds of thousands of people. I never hear Deputies Paul Murphy, Barry or Boyd Barrett say that. That debate needs to happen. No one was trying to ram any debate through the House. Sinn Féin sought an extra ten minutes. That was its contribution. It was happy with an extra ten minutes. Now that this political situation has arisen, it may feel it can create the impression that we are trying to ram something through, which we are not. This agreement has been in place provisionally for the last three years. It is actually operational.

The Minister, Deputy Eamon Ryan, has correctly pointed out that the agreement has changed. The Court of Justice of the European Union, CJEU, in its opinion 1/17, dealt with the question of whether CETA's reformed investment rules comply with certain fundamental principles of European law, such as autonomy. In a nutshell, the court held that CETA's chapter on investment is fully compatible with European law and the treaties, including the Charter of Fundamental Rights of the European Union.

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