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Dáil Éireann - Private Members Business (Fianna Fáil)
Tuesday 20 June 2017

“That Dáil Éireann:

— the pioneering and transformative vision, under the leadership of Seán Lemass, with the introduction of the First Programme for Economic Expansion and others who followed in radically opening the Irish economy to foreign direct investment (FDI) and trade;

— the over 300,000 persons employed in foreign multinational enterprises across Ireland, with 200,000 people working in Industrial Development Authority (IDA)
Ireland supported companies and service industries;

— that European Union (EU) exports to the rest of the world support one in every four jobs in Ireland;

— the success in attracting FDI to Ireland over many decades with United States FDI outflows to Ireland accounting for over $31 billion in 2016; and

— the attraction and retention of Ireland’s 12.5 per cent corporate tax rate to retain and grow our FDI jobs footprint;recognises:

— the significant threat that Brexit poses for trade on the island of Ireland;

— that trade agreements benefit Ireland in terms of increased jobs, exports, and small and medium-sized enterprise business opportunities on the basis that as an exporting country Ireland stands to benefit disproportionately from the potential for expanded tariff-free market access;

— the independent study by Copenhagen Economics that the Transatlantic Trade and Investment Partnership (TTIP) would add 1.1 per cent to gross domestic product in Ireland, increase Irish exports to the world by around 4 per cent and create up to 10,000 jobs; and

— that free-trade agreements must ensure the maintenance of premier EU standards relating to consumer protection, food, health, environment, social and labour
standards; and

calls for:
— Ireland to further endorse free-trade agreements to intensify employment and export growth opportunities;

— the removal of barriers to trade via fair and free-trade agreements, predicated on ensuring that EU standards related to consumer protection, food, health, environment, social and labour standards remain untouched;

— the support and endorsement of an ambitious Comprehensive Economic Trade Agreement (CETA) in order to open new markets and grow Irish jobs; and

— the expansion of diplomatic staff in Irish embassies and enterprise agency offices oversees.” — Niall Collins, Bobby Aylward, John Brassil, Declan Breathnach, James Browne, Mary Butler, Thomas Byrne, Jackie Cahill, Dara Calleary, Pat Casey, Shane Cassells, Jack Chambers, Lisa M. Chambers, Barry Cowen, John Curran, Stephen S. Donnelly, Timmy Dooley, Sean Fleming, Pat the Cope Gallagher, Seán Haughey, Billy Kelleher, John Lahart, James Lawless, Marc MacSharry, Micheál Martin, Charlie McConalogue, Michael McGrath, John McGuinness, Aindrias Moynihan, Michael Moynihan, Eugene Murphy, Margaret Murphy O'Mahony, Darragh O'Brien, Jim O'Callaghan, Éamon Ó Cuív, Willie O'Dea, Kevin O'Keeffe, Fiona O'Loughlin, Frank O'Rourke, Anne Rabbitte, Eamon Scanlon, Brendan Smith,
Niamh Smyth, Robert Troy.