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Dublin Expects Companies to Relocate to Ireland From UK After Brexit

© REUTERS / Clodagh KilcoyneA scrabble board spells out Brexit in Dublin, Ireland May 4 2016.
A scrabble board spells out Brexit in Dublin, Ireland May 4 2016. - Sputnik International
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Dublin is counting on companies to relocate from the United Kingdom to Ireland after Britain voted to leave the European Union, Irish State Minister for European Affairs Dara Murphy said Wednesday.

Republican party Sinn Fein leader Gerry Adams addresses journalists as he attends the final televised debate in Dublin. (File) - Sputnik International
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MOSCOW (Sputnik) — On June 23, a nationwide referendum was held in the United Kingdom, in which 51.9 percent of voters supported the country withdrawing from the bloc.

"We don’t expect an exodus, but we will be making the argument very strongly that we remain a committed member of the European Union," Murphy told The Wall Street Journal.

The minister stressed that Ireland was "absolutely open for business," attracting companies through its taxation system, English language and eurozone affiliation, as well as readiness to "provide the stability of membership and certainty of where we will be in five, 10, 20 years’ time."

Murphy cited the experience of US companies, namely Facebook and Apple, which were already located their European headquarters in Ireland.

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