Oireachtas Joint and Select Committees

Thursday, 1 February 2018

Joint Oireachtas Committee on Foreign Affairs and Trade, and Defence

Brexit Issues: British Irish Chamber of Commerce

10:00 am

Photo of Brendan SmithBrendan Smith (Cavan-Monaghan, Fianna Fail) | Oireachtas source

Plus British investment supports 200,000 jobs here.

It is a two-way trade. It is very important for us to bear it in mind in any decisions that will be made in addition to the importance of the linkages on a business level between both countries. One theme that ran very strongly through Mr. O'Neill's presentation was the notion of an uncertain future. I represent two of the southern Ulster counties and a lot of businesses there are very heavily dependent on the British market. The agrifood, construction, construction products and engineering sectors are more heavily dependent on Northern Ireland and the British market than others. They are very concerned about planning for the future. Members of the House of Commons foreign affairs committee visited Cavan and Monaghan and met local interests from the agrifood, hospitality, transport and other sectors. The message we all got from those interests and sectors was they are concerned about planning ahead in their businesses. March 2019 will come very quickly. The transition period will end in December 2020 which is not far away in business terms for people who have to plan business for the future. There is a very strong message there in regard to the concerns of business. Does the British Irish Chamber of Commerce have constituent members in Northern Ireland?

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