Business Irish

Sunday 23 July 2017

We must counter protectionist talk, says EU chief

Commission vice-president Frans Timmermans
Commission vice-president Frans Timmermans
Colm Kelpie

Colm Kelpie

All our economies will suffer if we fail to counter the protectionist argument espoused by radical nationalists, one of Europe's top officials has warned.

European Commission first vice-president Frans Timmermans said that if the argument could be made that free trade was a driving force for an economy, there "will be a change of heart in the United States in that area".

US President Donald Trump has pledged to put "America first" and bring US jobs back home.

"If we do not counter the argument that most radical nationalists use, which is to protect is to be protectionist, if we don't counter that argument all of our economies will suffer," Mr Timmermans told TDs, Senators and MEPs on a visit to Dublin. "Protectionism has never been an answer, will never be an answer. We need trade, we need trade agreements worldwide."

Mr Timmermans also said that Ireland was a very special case in the Brexit debate.

"I'm here to stress very clearly that the European Commission will be at Ireland's side when we need to take into account the very special circumstances that Ireland has to deal with in the Brexit debate," he told the joint Oireachtas committees on foreign affairs and trade, defence and European Union affairs.

"Through its political ties, its historic ties, its geographic position, its economic structure, Ireland is a very special case in the Brexit debate.

"I want to pledge here today that the European Commission will take these interests to heart and will make sure that these interests are heard by everyone during the period of negotiations."

But he said the Commission needed Ireland's "active engagement".

"All the creativity that Irish people can muster to make sure that we find the best possible solution, all the political energy we can muster together to ensure that we do the least harm possible to all parties involved in the Brexit discussions."

Irish Independent

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