Michael McGrath (Cork South Central, Fianna Fail)
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It is a cost to the business. In his presentation, Mr. Cody set out some statistics in regard to the volume of trade. Cross-Border traffic comprises approximately 1 million HGVs and 1.3 million LGVs, giving a total of 2.3 million movements. If €100 were paid for each of those movements, there would be additional costs of €230 million in respect of cross-Border trade movements. In terms of imports, Mr. Cody said that approximately 1 million roll-on roll-off units, 90% of which come from the UK, arrive at our ports each year. There would be an additional €90 million cost for imports in regard to the €100 average payment. There is presumably a higher volume of roll-on roll-off exports to the UK as Ireland has a trade surplus with the UK. I do not know if specific data is available but presumably the additional costs for exports is higher. In total, there are several hundred million euro of additional costs which will be imposed on businesses as a result of compliance. Is that completely separate to the issue of tariffs?