Tag Archives: Article 50

Ireland must redouble its efforts to attract overseas investment and expand business in light of the triggering of Article 50 by UK Prime Minister, Theresa May, according to Independent Alliance Junior Minister Sean Canney. The Galway East TD, who has responsibility for the Office of Public Works, has acknowledged the significance of the triggering of Article 50, saying it is a ‘huge day in the history of the European Union’. “While we respect the vote of the people of the UK, now that Article 50 has been triggered, Ireland must make sure we protect ourselves and our economy in the best possible way,” Minister Canney said. The Minister, who recently returned from a St Patrick’s Day trade mission to China, said there are significant trading opportunities with Asian countries such as China and Ireland needs to work hard and redouble its efforts to secure these. “Ireland will negotiate from a position of strength as an integral part of the EU …

Speaking after the UK triggered Article 50, Food Drink Ireland (FDI), the Ibec group representing the food and drink sector, today (Wednesday) called for agri-food to be a top priority for the Irish Government in the forthcoming negotiations. Paul Kelly, director of Food Drink Ireland, said, “The agri-food sector exports €4.1bn of food and drink to the UK and accounts for 43,000 Irish jobs, Agri-food is the Irish sector most exposed to trade disruption, and the Irish Government must do all within its control to ensure minimum impact to the free flow of goods. Discussions on the future EU-UK relationship must be commenced early in the negotiating process and must ensure: Free and unfettered access to the UK market for Irish business. An agreement that takes account of the special case of the all-island economy, ensuring that the highly integrated supply chains can continue to operate with free movement of goods and services, Transitional arrangements, of sufficient length, for businesses …