Micheál Martin (Cork South Central, Fianna Fail) | Oireachtas source

This is one of the many consequences of Brexit. I saw during the week that the exports to the European Union of one third of UK companies had declined. The ramifications of Brexit on the UK economy are going to be sustained in the long term.

Regarding the Deputy's point, the EU-UK Trade and Cooperation Agreement has eliminated tariff duties on trade between the European Union and Great Britain where the relevant rules of origin are met. This means that, if an imported vehicle is of UK origin, there is no customs duty payable, as a 0% tariff rate applies. The following vehicles would not qualify as being of UK origin under the rules of origin, so a 10% tariff would apply: imported vehicles of EU origin used in the United Kingdom or vehicles of other third country origin used in the UK. Vehicles originally exported from the European Union to the United Kingdom that meet certain criteria may be eligible for returned goods relief under the EU customs rules, namely, the Union customs code.

We will continue to examine this and, as it settles down, we will try to get some progress on these issues.

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