Arbitration (Amendment) Bill 2025: Committee Stage (Resumed)
Seanad Éireann — 2026-05-28
============================================================

Thomas Byrne (FF), Meath East

All I can say is that we are dealing with two different animals and the second one has been created and devised because of the experience of the previous one. I will quote from the regulatory impact analysis:
... the State’s exposure to economic loss cannot be regarded as materially impacted arising from the introduction of the ICS mechanism provided for within CETA, and especially given the already existing recourse inward investors from any jurisdiction have [in] the domestic courts. Furthermore, it must be noted that CETA preserves the right of each EU Member State to regulate in [the] public interest.

---

Source: Houses of the Oireachtas. Licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). The Official Report is revised after first publication; the fetch timestamp below identifies the version quoted.

Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/seanad/2026-05-28/debate/main
Retrieved: 2026-08-14T04:55:01+00:00
Sitting date: 2026-05-28