Oireachtas Joint and Select Committees
Wednesday, 30 November 2022
Joint Oireachtas Committee on Transport, Tourism and Sport
National Aviation Policy: Ryanair
Mr. Michael O'Leary:
What is inevitable in the next 12 or 18 months is that the UK will do a trade deal with the EU. That is the only way to solve the Northern Ireland protocol problem. It is insolvable until there is a trade deal. A sensible trade deal between the UK and the EU must make the Northern Ireland protocol go away. The Northern Ireland economy is benefiting hugely from being in the EU but not in the EU. The unionists have a huge problem with it and one can understand their political difficulty with it. As Clinton said on a number of different occasions, it is always about the economy, stupid. If isolationism worked, North Korea would be the world's most successful economy. It is not. The UK cannot be Europe's most successful economy by being isolationist and doing stupid trade deals with Australia.
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