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Ard Fhéis event to outline consequences of US –EU trade deal on Ireland - Sat 7th March at 1pm

6 March, 2015

Sinn Féin MEP for the Midlands North West Matt Carthy will host an event at the Sinn Féin Ard Fhéis in Derry this weekend, outlining the potential consequences of the Trans Atlantic Trade and Investment Partnership(TTIP) on Ireland. The event will take place in St Columb’s hall beside the Millenium Forum and the guest speaker will be John Hilary, Director of War on Want, who has written extensively on TTIP.

Speaking in advance of the event, Carthy said:

“TTIP is a trade agreement , currently being negotiated between the EU and the US and represents one of the largest trade deals to be negotiated in recent times.

“While Sinn Féin generally approves of the removal of barriers to trade, the evidence suggests that there currently  are relatively little trade barriers in place between Ireland and the US.

“The main focus of this trade deal is the “harmonisation” of the regulatory differences that exist between the EU and the US – that is the high standards in food safety, environmental protection and workers rights in the EU, which acts as a natural barrier to trade for US investors.

“This deal will allow investors and large corporations sue the democratically elected Governments of member states for potential loss of revenue. It is the mechanism used to sue Australia for its public health measures against smoking and the Government of Canada for its moratorium on fracking.

“The fact that the key negotiators of this deal see fit to keep the details of it from the public until forced to publish the negotiating texts on foot of an opinion by European Ombudsman, Emily O’Reilly, is a clear indication that this deal is not in the best interests of citizens across Europe.

“I am calling on members, activists and all those interested in this issue to attend the event in Derry and hear first hand of the potential consequences this trade deal could have on Ireland.”ENDS

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