Arbitration (Amendment) Bill 2025: Report and Final Stages
Dail Éireann — 2026-04-15
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Thomas Byrne (FF), Meath East

As a point of clarity I am in Renew Europe, and I am proud to be part of Renew Europe.
At the outset I return briefly to first principles and set out the reasons behind this legislation. The Arbitration (Amendment) Bill 2025 seeks to put Ireland, which is a country that greatly benefits from international trade, in a position where it can decide to ratify the range of EU trade and investment agreements we massively benefit from as EU member states. There is a bit of a misconception in what Deputy Ó Laoghaire says because he says there are so many ramifications from this Bill. There are no ramifications from this Bill if we do not ratify the treaties to which it refers. It is important to remember there is a separate ratification process under the Constitution if we are to ratify CETA. This Bill guides us from the Costello case as to how we do so in a constitutional way. However, this Bill does not ratify CETA. That is a separate constitutional procedure in this House. There has been no shortage of debate on the issue and this is a debate, which is not rushed. The EU-Canada Comprehensive Economic and Trade Agreement, CETA, has been scrutinised rigorously and at length in a number of forums, including in the Oireachtas, the courts and at national, international and European level over the past ten years. I think this is my third time to debate the Bill in the Oireachtas and many amendments have been considered and discussed to date. They are all important amendments, but many are on the same issues and are variations on the same theme.
Free trade benefits the Irish economy. At a time of global turbulence, it is an important signal for Ireland to seek to ratify these agreements with Canada and Chile, which provide Irish companies and exporters with new opportunities to expand and grow trade overseas. Our trade and investment relationship with the friendly, democratic state of Canada is deep and growing, with over €12 billion in trade in 2024 and direct employment in each other's economies of approximately 20,000 people. Our trade with Chile is more modest but it is growing, and I am convinced that a fully ratified agreement can support more trade and more jobs, most importantly of all. I am conscious of claims that we should not be concerned with ratifying CETA, as has been said at committee, because the parts which provide for more open trading are already provisionally applied. Provisional application is an important mechanism that allows companies, consumers and the State to benefit from the trade agreement at an early stage, but it is not the same as ratification.
On the subject of investment dispute resolution, there is again a misconception. We keep hearing in the Dáil and the public media about the ISDS system, the investor-state dispute settlement system. This is not the same as that. This is the investor court system, which has been developed in response to concerns that many people raised about the previous system, which Members keep referring to.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2026-04-15/debate/main
Retrieved: 2026-08-14T04:54:49+00:00
Sitting date: 2026-04-15