Dáil debates

Tuesday, 23 May 2017

Ceisteanna - Questions

Brexit Issues

4:25 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael) | Oireachtas source

Deputies Burton, Nolan and Martin have raised a number of issues. The priorities, as outlined by Mr. Barnier during his visit to Ireland, follow what we had set out ourselves. I am glad that people recognised that. I thank all concerned for acknowledging that these issues formed part of the European Parliament's documents and the European Council decision. As pointed out by Deputy Martin, these have been approved by the General Affairs Council and will form the basis for the negotiations. The first three issues are, principles and modalities for whatever the liabilities are in respect of the UK, the Border issue, and the question of citizens' rights and reciprocal rights. No one underestimates the scale of what might happen. The impact of Brexit on the Irish economy will be significant, particularly if it is not handled in a proper, orderly and responsible way. We share the view, as does everybody else, regarding the need to maintain the closest possible trading relationship between the UK and the EU, but it will be difficult to retain it the same as it is now because if the UK sheds the Single Market, the status in respect of trade will be changed.

Let us be clear about it, Ireland's economic interests lie in a strong and well-functioning European Union with continued and unfettered access to the Single Market. It is where our people have continually said they want to be, as voted for in a referendum in the past. This issue is of immense importance to all our small and medium enterprises and companies that export. There will be a great deal of trading on this issue. Nobody is clear on where the road ahead will lead. If there was to be an end to the divorce proceedings in two years and no deal, what would be the outcome of that? The British Government might say that no deal is better than a bad deal, but no deal would be catastrophic in many respects for Ireland. I hope that the conclusions to the negotiations in respect of the first three priorities will bear fruit in order that we can get on to these details.

We are developing an economic paper, to which Deputy Martin referred. A number of issues have already been brought to light. We are working to improve the business environment and are examining new trade and investment strategies, with an intensified programme of trade missions. Enterprise Ireland is working with firms to help support product and service innovation; additional staff have been recruited; a €150 million loan was provided in budget 2017 for low-cost loans to farmers; and the national planning framework 2040 will be delivered this year, complemented by a ten-year national capital plan. I agree that we need to be Brexit ready. This means we must build the roadway to the north west to Derry. While there are some legal complications in that regard, we need to get on with our end of it.

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