Dáil debates

Tuesday, 20 June 2017

Ceisteanna - Questions

Brexit Issues

4:40 pm

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael) | Oireachtas source

-----or the ones that most resemble other situations like Norway, Switzerland, a third country or Canada.

In regard to the harm that has been done already to agriculture and to the enterprise sector, primarily that has been because of fluctuations in the value of sterling. Sterling has gone up and down previously, separate from Brexit. We have had currency fluctuations many times in our history. That is not to say it is not a problem that does not need assistance, but it is different from the impact that may arise from Brexit as a result of a permanent change in the rules of trade.

I agree that a transition fund will be necessary, but we have to know what that transition is and we do not yet know that at this stage. It is difficult to see how we could put a transition fund in place not knowing what the transition is to and if is it to something.

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