Homepage / Currency / Why Irish farmers are worried about Brexit
Les Gambling establishments en Ligne en France 2024 200% Reward + 300 Free Rotates LevelUp Internet casino Melbourne En İyi ve Güvenilir Casino Siteleri Canlı Casino Siteleri 2023 Listesi En İyi ve Güvenilir Casino Siteleri Canlı Casino Siteleri 2023 Listesi Le meilleur casino en ligne franзais Extra Casino avec le dйpфt minimal le in addition bas Yeni Casino Siteleri ᐈ Çevrimiçi Kumarhaneler Mart 2024 Les gambling establishments en ligne proposent une grande variйtй de jeux de internet casino gratuits. Türkiye’deki Resmi Web Sitesi Google Play, Türkiye’de kumar oyunlarına izin verecek Her Gün Tatil Olsa ORDU’DA PAZARTESİ GÜNÜ FINDIK FİYATI NASIL? كازينو اون لاين الكازينوهات الممتازة على الإنترنت ألعاب الكازينو المباشرة مينا كازينو العر Google Play, Türkiye’de kumar oyunlarına izin verecek Domain Sorgulama & Domain Fýrsatlarý Canlı Casino Siteleri: 2024 Güvenilir Siteler Seçilmiştir Golden Easter Slot İncelemesi 2024, Demoyu Ücretsiz Oynayın Golden Easter Slot İncelemesi 2024, Demoyu Ücretsiz Oynayın 1xbet Türkiye Giriş Empieza Kayıt 202 Kumar Ve Kumarhaneler Hakkında Pek İlginç 21 Bilgi Kumarhane Doğru Yazımı Nedir? Tdk Ile Kumarhane Kelimesinin Doğru Yazılışı! Mobilbahiste En İyi Kumar Bonusları Ve Kazançlar Mobilbahis Giriş Sayfası On Line Casino Siteleri En Iyi Casino Siteleri 2024 Mostbet: Türkiye’de Internet Casino Mostbet Online Slotlar Ve Canlı-casin Pin Up Casino Oyna Türkiye, Pinup’un Sah Web Sites Ifade Haberleri Son Dakika Ifade Hakkında Güncel Haber Ve Bilgiler “önceliğimiz Transferin Önünü Açmak, Görüştüğümüz Yerler Var” On Line Casino Nuh’un Gemisi Deluxe Resort & Spa, Kıbrıs Bonus Veren Siteler 3 000 Den Fazla Online Oyunu Ücretsiz Oyna En Tehlikeli Kumar Oyunu Ekşi Sözlük Deneme Bonusu Veren Siteler Deneme Bonusu 2024 Explore the Magic of WildCardCity Güvenilir Bahis Siteleri En İyi Kumar Siteleri Balıkesir Triatlonuna Avrupadan Ödül Tricks of the Aviator gambling establishment game by Spribe Çevrim Içi Kumar Siteleri “bonus” Yalanıyla Kandırıyor En Güvenilir Canlı On Line Casino Siteleri Xbetting-tips Com Uncovering the Abundant Tapestry of Ozwin Gambling establishment Evaluating Board Portal Providers Uncovering the Wealthy Tapestry of Ozwin On line casino Electronic Data Area Providers Evaluation Cobra Internet casino: Raising the Australian On the internet Video gaming Practical experience 4 Things to Search for in Safeguarded Cloud Safe-keeping Fastpay On line casino Australia – Simple and No-Taxation Wagering Web page officielle franзaise de Joka Gambling establishment The Software Development Universe Game Woo Internet casino – Enjoy Slot machine games around australia Ostdeutsche Biersorten What Are Virtual Data Rooms? Vitamin D Receptor Polymorphisms Revue du Casino BlackLabel Faktory, kterй ovlivnujн hodnocenн ceskэch online kasin How to Make the Most of Your Web Development Organization and Advertising Efforts L’essor des casinos en ligne en France Boost Meeting Efficiency With Boardroom Technology Developments WildJoker Casino WildCardCity On line casino – Guaranteed Australian Gambling Portal WildCardCity Casino – The Ideal On the internet Gambling establishment within australia Modern Technologies Produce Sharing Documents Online Faster and More Protect Free Virtual Info Room pertaining to Speedy Due Diligence A Review of Data Area Software For people who do buiness Five Board Bedroom Features Which will help You Acquire a More Productive Boardroom Electronic Systems To your Business Understanding Legal Terms and Laws in Today’s World The Laws and Contracts of Hollywood: A Sunset Blvd. Tale Legal Discussion Between Johnny Cash and Antonin Scalia Legal Insights: What Teens Should Know Legal Issues and Exceptions: What You Need to Know Legal Insights and Expert Analysis Celebrity Dialogue: Legal Matters in the 21st Century Famous Personalities Discuss Legal Issues The Boys in the Boat: Legal Advisors and The Quest for Legal Knowledge Understanding Legal Matters: Q&A on Criminal Law, Joint Ventures, and More Enticing Title The Departed: Understanding Basic Work Requirements and Legal Rights Youth Slang Blog Article Legal Insights: A Journey into the World of Law The Ins and Outs of Legal Matters: Everything You Need to Know Legal Insights and Trends: A Rap Guide Mysterious Legal Matters Unveiled Insights and Information: Understanding Various Laws and Regulations Famous People of the 21st Century The Circle of Legal Life The Intersection of Fashion Law, Legal Translation, and THC Oil: A Modern Legal Guide Legal Q&A: Understanding Joinder Federal Rules and More Understanding Legal Terms and Conditions: A Comprehensive Guide Understanding Legal Documentation in a Fun Way! Understanding Legal Aspects: From Islamic Law of Inheritance to Farm Law Protests Understanding Legal Rights: A Guide to Legal Regulations and Requirements Understanding Legal Guidelines and Agreements Famous 21st Century People in Conversation Mysterious Legal Matters Unveiled Legal Matters and Real Estate: A Conversation Between Cameron Boyce and Donald Trump Understanding Legal Expertise and Why It Matters Legal FAQs and Expert Services Understanding Legal Ramifications: Common Law Ontario Health Benefits and More The Ins and Outs of Legal Requirements: From FBI Academy Physical Requirements to Silver Lake Fishing Rules The Legal Underworld: Understanding the Significance of Laws and Rights Legal Conversations: A Dialogue Between Jon Jones and Chadwick Boseman Legal Beats: Bobcats, Real Estate, Babysitting, and More

Currency, United States Finance

Why Irish farmers are worried about Brexit

One in every eight Irish jobs is in agriculture and food processing, or agrifood. Proportionally, that makes the industry as important to Ireland as the car industry is to Germany. In the U.K. province of Northern Ireland, where 1.8 million people live, the agrifood industry accounts for about 70,000 local jobs.

Because of its strong market position in the U.K. – which is the destination for 37 percent of Irish food and drink exports – and highly integrated supply chains across both Ireland and Northern Ireland, farmers’ and food processors’ jobs are particularly vulnerable to any change in trade and border policy resulting from Brexit.

“One unanswered question that affects every dairy company in Northern Ireland, and indeed in the Republic of Ireland, is the market displacement. What access are we going to have post-March 2019 to those markets we have serviced for many many years?” asked Gabriel D’Arcy, chief executive of dairy cooperative LacPatrick, whose suppliers number more than 1,050 farmers across both the Irish Republic and Northern Ireland.

“It’s hard to know exactly, but almost any scenario that we can envisage will be negative,” TJ Flanagan, chief executive of the Irish Co-operative Organisation Society (ICOS), told CNBC in Dublin. “We currently import about 800 million litres of milk per annum from the U.K. That’s about 100 truck movements every day of the year, from north to south.” ICOS represents more than 130 co-ops and livestock marts across Ireland.

“Dairy farmers in the north depend to a substantial extent on processors and cooperatives in the south, to purchase their milk, because Northern Ireland doesn’t have the capacity to process its milk,” Flanagan explained. “And southern farmers who are members of cooperatives need Northern Ireland’s milk to fill their factories.”

The key here is the European Union (EU) customs union, which exempts all member states and select outside territories from paying customs duties on all goods traveling within the union.

Irish Prime Minister Leo Varadkar has repeatedly expressed his wish that Northern Ireland remain in the EU customs union, which would maintain the free flow of goods and people between Ireland and the UK.

The Northern Irish Democratic Unionist Party (DUP), meanwhile, which is part of a confidence-and-supply deal supporting the current U.K. government, has been adamant about leaving the customs union, insisting that Northern Ireland not be treated any differently from the rest of the U.K. in any post-Brexit arrangement.

What worries farmers about ditching the customs union, in addition to border controls that could hinder the transport and sale of their goods, is potential U.K. divergence from the EU’s highly uniform food and labor standards that have enabled this free flow of products and livestock for so many years. This would mandate strict customs controls on anything coming into Ireland and the rest of Europe from the U.K.

“The introduction of customs controls — and veterinary and food inspections — would severely impact these supply chains by introducing at a very minimum additional delays, costs and complexity — not just north-south but east-west as well,” Paul Kelly, director of Food and Drink Ireland, told CNBC.

Another question is the issue of import tariffs in the absence of a customs union.

“If we crash out without a deal, and WTO (World Trade Organisation) tariffs come in, that’s going to have a massive negative impact – it’s going to have runaway food price inflation in Britain,” D’Arcy warned. “These are huge risks that we’re coming toward the end of and business needs some clarity, fast.”

WTO default tariffs for many food and drink products are in excess of 50 percent. “Modelling shows these would effectively wipe out trade for many of our food exports to the U.K.,” Kelly said.

“Whilst diversifying into other markets in the EU and internationally has been taking place for many years, the shock effect of loss of or severe restrictions in accessing the U.K. market would be deeply damaging to the industry.”

D’Arcy served in the Irish army in the 1970s, patrolling the border with the North during the tumultuous time known as The Troubles. Now, his primary concern is seeing the open border on which his business relies remain unfettered.

“I know what it was like back in the late 70s and 80s. We have enjoyed a frictionless, seamless border certainly since the peace process and the Good Friday Agreement, and areas north and south of the border have thrived as a consequence. Up to that point it was a militarized zone.

“We hear all this talk about a ‘seamless, frictionless border’ [from the U.K. government],” D’Arcy continued. “That is what we already have, and we would like to keep it in place. I would challenge the politicians, both at the EU and the U.K. negotiating table, to actually deliver.”

Ireland’s government has said that it will not proceed with Brexit talks until this issue is resolved, while U.K. Trade Secretary Liam Fox said on Sunday that decisions on the Irish border would not be approached until talks on the Britain’s trade future took place — leaving the two governments at complete loggerheads.

Andrew McConkey’s family has owned their farm in County Monaghan since 1924. It sits just two miles from the Northern Irish border and is home to 200 cows producing one million liters of milk each year for the U.K. and EU market. The status of the now-invisible border has shaped their business for generations.

“When Grandad bought [the farm], it would’ve been a new border at that stage. And during Dad’s time it would’ve been a significant issue at times in the 50s, 60s and 70s,” McConkey told CNBC. “But thankfully most of those issues have disappeared, so how it will affect us going forward? We don’t really know, but certainly a little bit nervous.”

“If the U.K. stayed in the customs union, it would make life simpler for us in the sense that we wouldn’t have to worry about the travelling of goods back and forward across the border,” he added.

“It’s a huge issue for Europe but I guess we’re the ones that will have the immediate impact,” Flanagan remarked. “Our sector, which is very exposed to the U.K. market, saw the impact of the drop in value of sterling immediately and hundreds of millions dropped off farmers’ incomes in the last year alone, way before Brexit actually takes effect.”

Trade talks are due for mid-December, but Ireland has threatened to veto them and hold out until 2018 if its priorities are not addressed.

“Some people have accused us of being intransigent here, but [Ireland] have the gun in their hand right now and the [U.K.] is asking them to hand it over so it can be used against them,” Flanagan said. “This is the only leverage they have.”

Source: cnbc
Why Irish farmers are worried about Brexit

Comments are closed.