Joint report raises questions on adequacy of proposed Brexit transition timeframesJune 13, 2018
Joint report raises questions on adequacy of proposed Brexit transition timeframes
Commenting on today’s (13 June 2018) joint report 'Findings and Insights of the firm-level impact of Brexit on Most Exposed Sectors' from the Department of Business, Enterprise and Innovation and Deloitte, Fingal Dublin Chamber Chief Executive Anthony Cooney said,
“Today’s joint report highlights the enormous depth and breadth of the potential impact of Brexit on exposed companies across Ireland.
Ireland's close trading relationship with the UK has always been the driver of Ireland’s unique concerns on the potential challenges arising from Brexit.
However, SMEs, in particular, will struggle to address and identify contingency and alternative plans for all the potential scenarios which might arise as negotiations evolve.
The lack of progress towards any substantive detail on an agreed future relationship in the six months since the EU Council meeting in December continues to raise concerns that the current transition timeframes proposed are unrealistic. Those concerns are increasing daily and will increase exponentially as we move closer to the key deadlines.
Fingal Dublin Chambers call on the negotiating parties to respect the need for proper timeframes to allow adequate planning to ensure minimal disruption to businesses, their employees and consumers."Contact:David Branagan, Events and Communications Manager086 3498864