Displaying items by tag: Gov Cabinet

8th December 2020

Government to Hear Contingency Planning for No-Deal Brexit

Ireland facing potential tariffs of up to €1.7 billion on exports to the UK. A container terminal in Dublin Port.

According to RTE News, it is expected the analysis will cover contingency planning for both a trade agreement being reached between the EU and UK, as well as a no-deal scenario.

Mr Coveney said the stakes are really high and "what we are doing as a Government is making sure that we are fully prepared for all scenarios".

In London, British Prime Minister Boris Johnson, asked whether he was hopeful of a Brexit deal, told reporters at a London hospital this morning: "I'm always hopeful... yes, I am very hopeful, but I've got to be honest with you I think the situation at the moment is very tricky."

Minister for Public Expenditure Michael McGrath, speaking on his way into Cabinet, said he is still hopeful a post-Brexit trade deal can be reached saying where "there's a will there's a way".

Mr McGrath said he thinks that it is a positive that European Union President Ursula von der Leyen and Mr Johnson are to meet later this week.

"We all know what the economic consequences are of no trade deal. For Ireland alone we are looking at potentially tariffs of up to €1.7 billion on our exports to the UK, with over 90% of that falling on the agri food sector. So the stakes are really high," Mr McGrath said.

It is understood that among the measures Cabinet will hear today is a plan to ensure that Covid-19 vaccines come to Ireland directly via EU ports, rather than through the UK land-bridge, in order to guarantee delivery.

In the past month there has been a further increase in the number of Irish businesses signing-up for required certification to trade with the UK, post-Brexit.

The latest data suggested 97% of exporters and 94% of importers now have an Economic Operators Registration and Identification number.

More including French fisheries as part of the Brexit talks, click here.

Published in Ports & Shipping

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About the Loughs Agency

The Loughs Agency is a governmental body established under the 1998 Agreement between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of Ireland. The Agency's goal is to provide sustainable social, economic, and environmental benefits by effectively conserving, managing, promoting, and developing the fisheries and marine resources of the Foyle and Carlingford areas.

The Agency's governing legislation confers several specific functions, including the promotion of development of Lough Foyle and Carlingford Lough for commercial and recreational purposes in respect of marine, fishery, and aquaculture matters. Moreover, the Agency is responsible for managing, conserving, protecting, improving, and developing the inland fisheries of the Foyle and Carlingford areas. Additionally, the Agency has the task of developing and licensing aquaculture, as well as the development of marine tourism.

The Loughs Agency reports to the North South Ministerial Council and its government Sponsor Departments, the Department of Agriculture, Environment and Rural Affairs (DAERA) in Northern Ireland, and the Department of the Environment, Climate, and Communications (DECC) in Ireland. The Departments fund the Agency on an equal basis.

The Loughs Agency's focus on sustainable development is expected to have a positive impact on the economy, environment, and local communities in the Foyle and Carlingford areas. The Agency's efforts to conserve and enhance the region's marine resources, including fisheries and aquaculture, are expected to benefit local communities, promote tourism, and contribute to economic growth.

In conclusion, the Loughs Agency plays a vital role in promoting the sustainable social, economic, and environmental development of the Foyle and Carlingford areas. Its work on marine conservation and development is crucial in ensuring the long-term viability of the region's natural resources and in promoting sustainable economic growth.