Oireachtas Joint and Select Committees

Tuesday, 8 July 2025

Committee on Budgetary Oversight

Engagement with the Central Bank of Ireland

2:00 am

Photo of Richard O'DonoghueRichard O'Donoghue (Limerick County, Independent Ireland Party) | Oireachtas source

The reason we are looking at the transport network is for such situations as if you had large machinery or anything that is to come into the country. If it came in in four parts or whatever, it comes in containers and is assembled here. If a big unit was coming on a ship or whatever way it is coming into the country, it is a big unit. If it is broken into smaller units, you can fit much more onto the same ship and have more units land here if they are reassembled here. Could it encourage people, for the purpose of reducing shipping costs, to get more units in and to assemble them here? Would it stop the inflation of goods here due to tariffs coming in? Could it counteract tariffs if units were assembled here and we were able to get more units in? It is a knock-on balance from the transport network of what you can get into a ship, which you can ship across the world to here and assemble here. There would be more room on one ship. Would it help to counteract the tariffs?

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