Trade Deals cannot be railroaded through- Lynn Boylan MEP
Dublin Sinn Féin MEP Lynn Boylan has welcomed the decision of the US Senate to vote against the fast tracking of trade deals and urges the Irish Government and EU to show the same caution.
Ms Boylan said:
"The Transatlantic Trade and Investment Partnership (TTIP) is the most significant deal to be negotiated between the US and Europe. Commissioner Phil Hogan and the Irish government have thrown their wholehearted support behind TTIP. With the former urging the US to “get on with it” and reach an agreement on the less contentious issues and the latter supporting the increasingly controversial ISDS, a dispute mechanism which will give investors the ability to sue sovereign states?
Sinn Féin has been vocal on this issue. Concern over potential job losses due to TTIP in particular is not misplaced.
The EU Commission itself stated that TTIP is likely to bring, “prolonged and substantial dislocation of EU workers.” This could signify up to one million jobs within the EU.
These deals should not be fast tracked, the potential negative impact are too significant. These negotiations need to be more transparent, the ISDS mechanism needs to be scrapped completely and genuine concerns for jobs and the watering down of food safety regulations must be addressed.”