Oireachtas Joint and Select Committees

Thursday, 6 April 2017

Joint Oireachtas Committee on Foreign Affairs and Trade, and Defence

Potential Impact of UK Withdrawal from the European Union: Discussion

9:30 am

Photo of Noel GrealishNoel Grealish (Galway West, Independent) | Oireachtas source

My colleagues have covered many of the issues. We do not know what the outcome of Brexit will be. It will have a huge impact on Ireland. As has been stated, if the referendum was rerun it might be a different outcome. We are all in new territory and we do not know where it will lead.

The UK is a huge contributor to overseas development aid and always has been. I am sure it is one of the things that will suffer in Brexit. Ireland contributed €147 million in the past year. To pick one country in Africa, the Ivory Coast, its projected growth this year is 9%. Much of this is down to projects over a number of years, which have been funded by the EU. It plays a huge part in African countries. This funding gets them on their own feet and gets them trading.

President Trump speaks about decreasing US overseas development aid. It is a huge contributor. He will also reduce the budget to the UN. Will the witnesses comment on what impact this will have? Are they aware of his proposals?

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