Richard Bruton (Dublin North Central, Fine Gael) | Oireachtas source

No, this study is more about giving a framework so that we know the areas of greatest potential gain for Ireland and, accordingly, we can ensure our negotiators concentrate on these. This will not be a static study but one to give us ammunition so as to be active in the negotiation process. For example, Ireland has large pharmaceutical and medical devices manufacturing sectors. One would expect significant benefits for Irish-based companies if we can bring down some of the costs of mutual recognition. This is the sort of information we would quantify and give us ammunition in discussions.