Oireachtas Joint and Select Committees

Tuesday, 23 May 2017

Committee on Budgetary Oversight

Capital Investment Plan (Resumed): Irish Exporters Association

4:00 pm

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Yes. Very helpfully, Mr. McKeever stated there is not one-way traffic. With food, it is two-way. Britain is dependent on us but if there is the type of trade agreement in question, it will be reciprocal. It is not only about tariffs but also about the regulations. If only Ireland and Britain were thrashing this out, we might have some type of outcome but there are many other factors at play here. For example, we have just heard from French farmers who are arguing for a hard border because of fear of cheap food imports coming through Britain.

When Mr. McKeever says some of the larger exporters are starting to get their heads around the matter, I presume he means they are getting their heads around the fact that they have to do the administrative part, addressing the burden and costs. They are starting to understand what they will have to do even if there are no tariffs or duty. Are businesses starting to get their heads around the idea that there could be tariffs? What would happen in this regard in respect of their business plans and projections? I refer not only to WTO tariffs but also to some other types of tariffs.

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