- Sputnik International
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

Customs Agreement Between UK, Ireland Vital for Post-Brexit Economy - Parliament

© Photo : PIxabayWestminster and Houses of Parliament, London
Westminster and Houses of Parliament, London - Sputnik International
Subscribe
In an effort to prevent potential adverse effects of Brexit on the economies of Northern Ireland and the Irish Republic, the United Kingdom should begin drafting bilateral customs agreements between the two countries, UK parliament said in a press release Monday.

Enda Kenny - Sputnik International
Ireland to Work on Ensuring Close UK-EU Trade Relation After Brexit - PM
MOSCOW (Sputnik) In a report made by the House of Lords EU committee, any bilateral agreement between the United Kingdom and the Republic of Ireland would include the following points: maintenance of the current open land border, ease of movement across the sea boundary, maintenance of the current Common Travel Area arrangements, and the right of free movement between jurisdictions.

The committee recognizes in their report that while such negotiations would violate EU treaties, it is important to consider Ireland’s position after Brexit.

"But the primary responsibility for drawing attention to and finding solutions to these issues lies with the UK Government. Ireland now faces challenges that are not of its own making. Closer UK-Irish relations and stability in Northern Ireland must not be allowed to become ‘collateral damage’ of Brexit," the report states.

The report further notes the current the current significance of UK-Irish economic relations, and how both countries rely heavily on one another economically.

"Ireland represented the fifth largest market for UK goods overall and the largest for Northern Ireland’s exports. Office for national Statistics figures show that in 2014 5% of total UK exports (worth £28 billion) went to Ireland, while 3% of UK imports (worth £17 billion) came from Ireland. The Irish Department of Finance’s analysis notes that the UK is the source of almost 30% of imported merchandise to Ireland," the report adds.

On June 23, the United Kingdom voted in a referendum to leave the European Union. While English voters largely backed leaving the bloc, voters in Scotland and Northern Ireland mostly voted to "remain."

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала