Mr. Brian Keegan:

It is a very useful exercise to try to quantify what the compliance costs will be. However, we also have to consider who is actually going to carry them. The vast majority of customs transactions, by definition, are handled by multinationals exporting to or importing from outside the European Union. The €400 million back-of-an-envelope calculation we have just made will impact on the smaller industries that are currently only dealing with EU and UK customers. They are the clients Enterprise Ireland is trying to support, for example. It is not just a question of the quantum of the client's costs but also of where they are going to land.