Oireachtas Joint and Select Committees

Tuesday, 6 December 2016

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Economic Impact of Brexit: Discussion (Resumed)

11:00 am

Photo of James ReillyJames Reilly (Fine Gael) | Oireachtas source

Nobody wants a hard Brexit and all of us on both sides of the Border understand the importance of the latter remaining open and of the free movement of people. We are here to learn from each other. Notwithstanding the earlier comments of an tAire, Mr. Ó Muilleoir, there must be some opportunities arising from Brexit because there are always opportunities. What do the Ministers view as the three biggest threats to the Northern Ireland economy - and the economy of the island - and will they outline three opportunities that might arise? I would also like to know what specific areas of the peace process they believe are most threatened by Brexit and in what way. How much latitude do the Ministers have in regard to measures they could take to mitigate the threat to the Northern Ireland economy. I know they do not have the power to raise tax but they have other powers. I would like to understand what are the implications north of the Border.

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