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Displaying items by tag: Brexit damage

The approach by the UK Government to Brexit trade policy and negotiations protocol is causing “potentially irreparable damage” to Wales’ (ferry) ports, researchers have said.

Colin Murray of Newcastle University and Jonathan Evershed of University College Dublin warned (see LSE) that the “disregard” for Welsh ports during Brexit negotiations was “part and parcel of Wales’ wider marginalisation within the political economy of the UK”.

The barriers to trade between Great Britain and the EU expanded considerably when the UK government choose not to align with EU product standards, they said. Meanwhile, the arrangements for Northern Ireland continue to involve far fewer barriers to trade.

“While this has been to Belfast Harbour’s benefit, it has proven extremely damaging to Wales’ Ireland-facing (ferry) ports – Holyhead, Fishguard, and Pembroke Dock – in ways that may yet have profound political and even constitutional implications,” they said.

Before Brexit, about 50% of Northern Ireland’s trade with Great Britain was done via Dublin and Holyhead, they said in an article for the London School of Economics.

But since January 2021, goods coming from Holyhead into Dublin “have been subject to the full weight of new barriers to trade between the UK and the EU”.

Nation.Cymru has more on the joint University researchers article. 

Published in Ferry

As an island economy, a healthy maritime sector is key to our national competitiveness. Virtually all our imports and exports pass through Irish ports.

Ireland is dependent on ports and shipping services to transport goods and 90% of our trade is moved though Irish ports. Shipping and maritime transport services make a significant contribution to Ireland’s ocean economy, with the sector generating €2.3 billion in turnover and employing over 5,000 people in 2018.

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A recent study carried out for the Irish Ports Association (IPA) totalled 75.7 billion during 2004 and their net economic impact was some 5.5 billion supporting around 57, 500 full time employees.

Liam Lacey, Director of the Marine Institute’s Irish Maritime Development Office (IMDO) said, “The Irish maritime industry can look to the future with confidence. It has shown itself to be resilient and agile in responding to challenges. Over the past decade, it has had to respond to the challenges of the financial crisis of 2008, the uncertainty surrounding Brexit and recent challenges. Ireland’s maritime sector has continued to underpin our economy by maintaining vital shipping links for both trade and tourism.”