Oireachtas Joint and Select Committees

Tuesday, 22 November 2016

Joint Oireachtas Committee on Agriculture, Food and the Marine

Impact of the UK Referendum on Membership of the EU on the Irish Agrifood and Fisheries Sectors: Teagasc

4:00 pm

Dr. Kevin Hanrahan:

All other member states are considering this calculus as well. Countries like the Netherlands and Germany are seen as the paymasters of the EU. They are getting rebates on the rebates that the UK gets in the budget because of the CAP. They will not get those rebates if the UK is no longer a member state and getting its rebate. This points to the difficulty in getting people to put their hands in their pockets to fill the gap created by the UK's exit, which looks likely to happen just as the new multi-annual financial framework is coming into being. It will be an interesting few years in terms of the budgetary process, never mind the agricultural dimension specifically.

Comments

No comments

Log in or join to post a public comment.