Niall Collins (Limerick County, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

66. To ask the Minister for Jobs, Enterprise and Innovation when the research study commissioned by her Department, Sectoral Implications Arising from Brexit: Most Exposed Sectors, is due to be completed and published. [49832/17]

Frances Fitzgerald (Dublin Mid West, Fine Gael)
Link to this: Individually | In context | Oireachtas source

My Department is undertaking research to examine the implications for the most exposed enterprise sectors - in terms of trading and economic relationships - of the United Kingdom being outside of the European Single Market and Customs Union. This research will inform an assessment of the way in which Brexit will affect individual sectors of the economy, at firm-level, as well as informing the ongoing negotiating process.  The research complements and supplements the extensive work underway across Government. 

The analysis is due to be concluded at the end of this year and has already informed internal policy deliberations including the current review of Enterprise 2025 and other activities. Given the confidential nature of the firm level responses and its purpose to inform, amongst other areas, Ireland's approach to negotiations, we will be considering how best to disseminate the general findings of benefit to business in their preparations for Brexit.

Niall Collins (Limerick County, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

67. To ask the Minister for Jobs, Enterprise and Innovation when the research study commissioned by her Department, Strategic Implications Arising from EU-UK Trading Patterns, is due to be completed and published. [49833/17]

Frances Fitzgerald (Dublin Mid West, Fine Gael)
Link to this: Individually | In context | Oireachtas source

As the Deputy will be aware, the major study examining the Strategic Implications arising from EU-UK Trading Patterns is underway and will provide an evidence base on key trade and investment questions to inform Ireland’s position as part of the wider negotiation on the UK’s future relationship with the EU. Using a computable general equilibrium model to quantify new barriers to trade in goods and services which might emerge as a result of Brexit, this study will:

- Quantify impact of seven possible Brexit outcomes scenarios on trade and investment – the impact of these outcomes on metrics such as GDP and employment will be considered, and analysis of both medium and long term impacts will be examined; and

- Provide in-depth analysis of key sectors. The study will decompose the potential trade and investment impacts for key sectors and in each scenario identify which elements contribute to the results (i.e. tariffs, non-tariff barriers, transit costs, other trade costs), leading to sector-by-sector understanding of solutions.

The project is due to be completed by end 2017. The study will be part of the deliberate process and key findings will be made available in due course.