Ireland's Finmin vows to minimize friction in trade over no-deal scenario

Ireland's Finmin vows to minimize friction in trade over no-deal scenario
If we are in the situation of a disorderly Brexit and we don't have a backstop, there will be tradeoffs and choices that have to be made regarding how that issue will be dealt with." 
  • Country:
  • Ireland
  • United Kingdom

Ireland will aim to ensure there is as little friction as possible in trade across its border with British-ruled Northern Ireland if Britain crashes out of the European Union without a deal, Finance Minister Paschal Donohoe said on Tuesday.

"What we would want to do is be in a position where we have as low friction trade as is possible in the kind of scenario you are describing," Donohoe told a parliamentary committee when asked how Brussels would facilitate Ireland's wish to have no physical border infrastructure, even in a no-deal scenario.

"The whole reason we want a backstop in the first place is to avoid being in the scenario of a risk to the movement of goods on our island. If we are in the situation of a disorderly Brexit and we don't have a backstop, there will be tradeoffs and choices that have to be made regarding how that issue will be dealt with."

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.