Sinn Féin MEP Martina Anderson has met Agriculture Minister Michelle O’Neill to discuss concerns over the impact the Transatlantic Trade and Investment Partnership would have on the Irish farming industry.
Speaking after the meeting, Ms Anderson said;
“The Transatlantic Trade and Investment Partnership (TTIP) would have a huge detrimental and wide-ranging impact on many sectors, particularly on agriculture.
“The Investor – State Dispute Settlement element of TTIP in particular would allow companies to override and overrule governments on cuts to their profit margins.
“It would open the market here to US beef, which could jeopardise food safety and traceability and put jobs at risk.
“And it is not just beef; it will also impact on the pork, poultry and dairy sectors and could result in up to 3,000 job losses.
“Research carried out in the south has shown the beef sector could contract by three per cent, which would represent a loss of £45m as a result of TTIP.
“We need to see similar research being carried out here in order to find out what the full impact of this unfair legislation would be on our agriculture industry.”