Ibec’s Director of EU and International Affairs Pat Ivory will today appear in front of the Joint Oireachtas Committee on European Affairs to discuss the Future of Europe. Please find attached a copy of his opening address.
Key points Dr Ivory will make include:
Ibec is committed to Ireland’s continued EU membership and active participation in an EU based on strong values, including openness to investment and trade. Now is the time to reflect upon what Ireland wants from the EU, and how we can continue to benefit from, as well as contribute to, the future of the union.
We welcome the EU’s commitment to the trade agenda and further opening of markets across the world. We look forward to the conclusion of the EU free trade agreement with Japan, our major trading partner in Asia, and we also welcome opening negotiations with Australia and New Zealand. Of course all trade deals must be balanced and provide real opportunities for Irish business.
Tax policy is, and should remain, fully within the competence of member states only. We are extremely concerned about President Juncker’s suggestion of moving towards qualified majority voting on taxation. It is essential that member states maintain full sovereignty when it comes to decision making on all taxation matters.
Ibec’s vision for the Future of Europe involves:
An EU that adds value: The EU should prioritise deepening of the single market, including completing the digital single market, capital markets union and banking union.
An EU that is more efficient: To prosper, the EU must focus on efficiency and avoid interfering in areas best left to member states. It must respect the principles of proportionality and subsidiarity. Sensitive areas such as tax policy must be tailored to the needs of member state citizens and business models.
An EU that is flexible and meets the needs of different member states: Member states individual needs should also be considered at a European level. Ireland, for example, could benefit from having flexibility in EU fiscal support / Stability and Growth Pact (SGP) rules, which would allow the government to facilitate essential infrastructure developments.
An EU that is open to trade and investment: The EU should continue prioritising ambitious trade deals with third countries, including with the UK post-Brexit. It is essential that the relationship between the UK and Ireland is not jeopardised in the future relationship between the UK and EU.
- Ibec Oireachtas Committee address, Pat Ivory.pdf - 152 Kbytes