Displaying items by tag: Brexit Impact
Speaking to The Irish Times, Minister Michael Creed said "I am not going to shop one in favour of the other" amid concerns in the marine sector of a repeat of Ireland's concessions in favour of farming in negotiations to join the then EEC in the early 1970s.
As for what measures the Government will take to address the impact of Brexit, the minister said that "until Britain triggers the exit mechanism and lays its cards on the table, we can’t react".
Recently it was suggested that Britain's exit from the EU could create an opportunity for north Atlantic coastal countries – including Ireland and non-EU member Norway – to form their own economic group and take greater control of the region's fisheries.
The impact of Brexit is already resonating in the marine sector, as major Irish Sea ferry operator Stena Line, based in Sweden, confirmed it is "considering the implications for all of [its] UK interests".
#BrexitImpact - Ferry operator, Stena Line has said it will have to assess how Brexit could impact the UK. The Swedish company, which sails between Holyhead and Dublin, employs hundreds of workers in North Wales.
A Stena Line spokesman said: "As Brexit is a completely new situation Stena Line will have to evaluate its potential impacts from a number of different perspectives.
"Stena Line is currently working with the UK Chamber of Shipping to consider the implications for all of Stena’s UK interests.
"The UK Chamber of Shipping is an important neutral platform for us to work with the wider shipping community, including its social partners and stakeholders, to better understand the practical implications of a UK exit from the EU.
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