Written answers

Thursday, 26 November 2015

Department of Jobs, Enterprise and Innovation

Transatlantic Trade and Investment Partnership

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
Link to this: Individually | In context | Oireachtas source

14. To ask the Minister for Jobs, Enterprise and Innovation if he will report on the latest meetings he has had regarding the Transatlantic Trade and Investment Partnership; the measures he will take to ensure information on negotiations and developments in the partnership are more publicly available; and if he will make a statement on the matter. [41746/15]

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

At the Council of Trade Ministers meeting tomorrow in Brussels, I will have the opportunity to discuss progress on these negotiations with Commissioner Malmström and with EU Council colleagues. The 11th round in these negotiations took place from 19th – 23rd October, 2015. During this round substantial progress on market access for EU and US companies in all three areas including tariffs, services and public procurement. A second tariff offer was exchanged and both sides have now arrived at a level of proposal covering 97% of tariff lines. There was also discussion in relation to public procurement and it is envisaged that there will be an exchange of market access proposals on public procurement by February 2016. The negotiations also provided an opportunity to clarify some of the main principles of regulatory cooperation.

A report of this Round has been published on the Commission website together with all information in relation to the EU positions in these negotiations. In addition my Department publish a monthly update on the TTIP negotiations on its website.

All EU text proposals in the EU-US Trade Agreement are now published on the European Commission’s dedicated website, generally within a week or two after each negotiating round. The website also includes a wide range of position papers, factsheets and documents explaining positions. There has been some discussion with the US on the matter of access to confidential documents in reading rooms by Parliamentarians and I hope that these discussions will be concluded soon.

A concerted effort has also been made to increase transparency and encourage debate on an EU-US Trade Agreement here in Ireland. In addition to the large volume of parliamentary questions and representations answered, I have met with Irish Members of the European Parliament in Brussels on 28 May, briefed the Cabinet Committee on European Affairs on 10th June and briefed a triple meeting of the Joint Oireachtas Committees for Jobs, Enterprise and Innovation; Agriculture, Food and the Marine; European Affairs on 23 June. I will also be making statements in the Dáil regarding the EU-US Trade Agreement on the 17th December.

I have also hosted two seminars in Dublin Castle, in June 2014 and in March 2015, to which Oireachtas members, all Irish MEPs, and business, trade unions and farm representative groups were invited. I have also participated in two round table discussions at the European Parliament Dublin office in December 2014 and May 2015.

My Departmental officials are available to meet with stakeholders including business, workers, farming and NGO interest groups. Official level briefing sessions have been held for Oireachtas members and their advisors and Members of the European Parliament and their advisors.

Photo of Mick WallaceMick Wallace (Wexford, Independent)
Link to this: Individually | In context | Oireachtas source

15. To ask the Minister for Jobs, Enterprise and Innovation if he is satisfied that the more contentious aspects of the Transatlantic Trade and Investment Partnership, such as regulatory co-operation and the Investor State Dispute Mechanism, are in the interests of Irish citizens and small businesses; if he has raised any concerns with his European Union counterparts, particularly given the recent release of the full text of the partnership; and if he will make a statement on the matter. [41749/15]

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

The 11th round in these negotiations took place in Miami from 19th - 23rd October, 2015. During this round negotiators discussed all three pillars of the proposed agreement namely market access for EU and US companies, regulatory cooperation and trade rules.There was substantial progress on market access for EU and US companies in all three areas including tariffs, services and public procurement. A second tariff offer was exchanged and both sides have now arrived at a level of proposal in terms of tariff line coverage which will assist and benefit further negotiations. There was also discussion in relation to public procurement and it is envisaged that there will be an exchange of market access proposals on public procurement by February 2016.

The negotiations also provided an opportunity to clarify some of the main principles of regulatory cooperation. These included the fact that any cooperation is possible only if the level of protection for consumers stays the same or improves and any form of regulatory cooperation will not change or affect the EU regulatory and democratic process.

The EU Commission’s mandate to negotiate with the U.S. also includes in its scope, investment protection. This is designed to ensure that Irish enterprises trading into 50 different US States will not face unfair discrimination in any particular State where the legal code may not fully transpose elements in the agreement. Equally US investors in the EU expect common investment protection standards and common redress mechanisms, and not 28 different set of standards and 28 different redress procedures.

The mandate makes it clear that the inclusion of investment protection will depend on EU interests being met and on the final balance of the Agreement. Importantly, the mandate states that the objectives of any investment protection provisions would be without prejudice to the right of EU and the Member States to adopt and enforce measures necessary to pursue legitimate public policy objectives in a non-discriminatory manner.

While no negotiation has commenced on such a mechanism the model which Europe has developed of Dispute Settlement provides:

- It can only be invoked where there is targeted discrimination on manifestly unfair ground, or a fundamental breach of fair process.

- Adjudicators must be approved by Governments and be from among persons qualified to be judges.

- Procedures must be transparent.

- There will be an independent appeal process.

- It must respect and protect the right of governments to regulate.

On the 8thJuly 2015 the European Parliament voted for a resolution supporting the EU-US Trade Agreement including a reformed investment protection mechanism.

On the 12th November 2015, the EU Commission published and formally presented to the US its proposal for a new and more transparent system for resolving disputes between investors and states - the Investment Court System. This proposal is the outcome of a lengthy public consultation process with the Member States, the European Parliament, stakeholders and the public. The Commission’s proposal aims at safeguarding Government’s right to regulate and creates a new system composed of a first instance tribunal and an appeal mechanism based on clearly defined rules, with qualified judges and transparent proceedings. The proposal also includes additional improvements on access to the new system by small and medium sized companies.

I welcome these improvements and the Commission’s efforts to follow up on the views expressed by Member States, the European Parliament and other stakeholders.

I can assure the Deputy that I will continue to support a trade agreement that is in the overall best interest of the public and the Irish economy.

At the Council of Trade Ministers scheduled to meet on 27thNovember in Brussels, I will have the opportunity to discuss progress on these negotiations with Commissioner Malmström and with EU Council colleagues.

Comments

No comments

Log in or join to post a public comment.