Seanad debates
Thursday, 6 November 2003
European Communities (Amendment) Bill 2003: Second Stage.
Much of our discussion has centred on how Ireland fits in to this new Europe and it is proper we should have such a discussion. I do not entirely agree with Senator Mooney's point that we necessarily have an empathy with and similar interests to the small countries which are joining. Rather, we may find ourselves in competition with some of the accession countries. I am one of the few Oireachtas Members who argues that it is in our interest to seek to co-ordinate taxation rates, particularly corporation tax rates, because we will quickly find ourselves in competition with, for example, the Baltic states, for foreign direct investment. Therefore, our interests are not the same, although our experiences and histories are similar. We have powerful neighbours, with whom we have had a sometimes uncomfortable relationship and we have come from a position of relative poverty. However, that is behind us and we will find ourselves competing with such countries.
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