Local view for "http://purl.org/linkedpolitics/eu/plenary/2016-11-21-Speech-1-220-000"
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"en.20161121.18.1-220-000"2
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"Madam President, last month a former Taoiseach (Prime Minister) of Ireland and former EU Ambassador to Washington, John Bruton, appeared before a committee in the British House of Lords to discuss the impact of Brexit, or Britain leaving the EU, on its closest neighbour, Ireland. He said that Brexit might deal Ireland’s economy an even heavier blow then Britain’s, even though we had no say in the referendum.
Already we have seen the impact of the changes on sterling. This has had an immediate effect on small businesses, particularly those that export. Their exports are less competitive, they are more expensive on the shelves and when dealing with UK relationships. Imports from Britain are cheaper, thus putting further pressure on small businesses in Ireland. Britain takes two-fifths, or 40%, of exports from Ireland. Beef and dairy are already feeling a strong impact, as is the mushroom sector, which exports 80% of its production to Britain. Undoubtedly, the impact of Brexit on Ireland – as has been said by others and not just in our country – is going to be severe, and it needs to be ensured that this is reflected in the negotiations as we move forward."@en1
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