Written answers

Thursday, 18 December 2014

Department of Jobs, Enterprise and Innovation

International Agreements

Photo of Terence FlanaganTerence Flanagan (Dublin North East, Independent)
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182. To ask the Minister for Jobs, Enterprise and Innovation his views on a matter (details supplied) regarding a trade agreement; and if he will make a statement on the matter. [49009/14]

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)
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The blog to which the Deputy refers mentions the Trans Pacific Partnership (TPP) negotiations and the Transatlantic Trade and Investment Partnership (TTIP) negotiations. As the EU is not a party to the TPP negotiations, I have no information on these. As regards the TTIP negotiations, the scope of the EU Commission’s mandate to negotiate with the United States is available on the EU Council’s website at:In addition, the EU Commission has made available a valuable store of information and documents about the TTIP which can be found at:

A comprehensive trade and investment deal between the EU and the US is of huge importance to Ireland. The preliminary results of research commissioned by my Department show that such a deal could lead to a 1.1% increase in Irish GDP, a 2.7% increase in exports, a 1.4% increase in real wages, and a 1.6% increase in investment.

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