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Re: Britain outside the EU
Quote:
Originally Posted by OLD BOY
The Irish Republic is heavily dependent on trade with the UK.
If, for example, the UK decided to pursue a policy of cheap agricultural imports from third countries, this alone would have a damaging impact on the Irish Republic.
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Swings/roundabouts - we usually have a trade surplus with Ireland, so we would be cutting off our nose to spite our face…
https://commonslibrary.parliament.uk...ings/cbp-8173/
Quote:
In 2019, UK exports to Ireland were worth £40.0 billion; imports from Ireland were £30.0 billion, resulting in a trade surplus of £10.0 billion.
The UK had a surplus with Ireland in both goods and services.
Ireland accounted for 5.8% of UK exports and 4.2% of all UK imports.
Ireland was the UK’s 5th largest export market and the 7th largest source of imports.
The UK recorded a trade surplus with Ireland every year between 1999 and 2019.
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What "third countries" would replace the Irish agricultural goods?
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