Oireachtas Joint and Select Committees

Thursday, 28 November 2019

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Impact of Brexit on Ireland's Economy: Economic and Social Research Institute

Dr. Martina Lawless:

There is great uncertainty about how this plan for moving the border to sea checks is going to work in practice. All we know at the moment is that the proposal is that EU tariffs would not need to be paid by Northern Ireland firms as goods enter Northern Ireland. They would need to be declared at some point later. In respect of the greater risk that the EU would see, the goods coming into Northern Ireland would pretty much all have to be up to EU regulations. Even if some of them passed into the EU market, the loss would be purely the monetary cost of the tariff that was due, rather than the risk that products not up to EU standards would get into the EU. From the EU perspective, that integrity of the Single Market is much more about standards, and in particular standards for food products, than it is about collecting tariff revenue. In terms of how exactly-----

Comments

No comments

Log in or join to post a public comment.