Mr. Padraic White:

As has already been said, I think the currency is stuck. If the United Kingdom were to leave the European Union, the currency would be more stuck. The Governments on both sides of the Border have control over taxes and levies which do affect and can influence and distort trade. I mentioned that we unilaterally imposed a carbon tax on solid fuel. This does not apply in the North of Ireland. It has led to a distortion of trade and a major impact in the Border area, not to speak of the environmental effects.

Probably one of the few areas where there has been co-operation is in relation to excise duties on alcohol. My perception is that because of the horrendous effects of low alcohol pricing and binge buying, North and South, there is, whether explicit or otherwise, some kind of understanding and an awareness in both jurisdictions If we are serious about minimising distortions, the Executive in Northern Ireland, which has jurisdiction over taxes of various kinds, and our Government should at least consult with each other on the effect of tax on trade flows and on business. I do not believe that has been happening in any conscious way up to now. That is something within their own jurisdiction.